Lumber Liquidators (“LL Flooring” or “Company”), a leading specialty retailer of hard-surface flooring in North America, announced financial results for the third quarter ended September 30, 2020. “We are very pleased with our strong third quarter results, underscored by our continued execution against our transformation plan and industry strength as we saw customers display a […]
SRS Distribution Opens Four New Greenfield Locations
SRS Distribution Inc. (“SRS” or the “Company”) announced that it has opened four new greenfield locations, including Waldorf, Maryland; Rapid City, South Dakota; Milan, Illinois; and Bridgewater, New Jersey. Each location carries a full line of residential and commercial roofing products, with a focus on servicing professional roofing contractors, remodelers, and local homebuilders. The opening […]
Clearwater Paper Reports Third Quarter 2020 Results
Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the third quarter and first nine months of 2020. Third Quarter Highlights – Delivered strong performance due to elevated demand for tissue products, steady demand for paperboard, and solid operational execution – Net income of $21 […]
SRS Expands its Presence in Ohio Through the Acquisition of C.C. Supply
SRS Distribution Inc. (“SRS”) announced that it has acquired C.C. Supply (the “Company”), a distributor of residential & commercial roofing, siding, windows & doors, and other related products. Terms of the agreement were not disclosed. Headquartered in Barberton, Ohio, C.C. Supply was founded in the early 1970s by Tony Crookston Jr. and is currently owned […]
Weyerhaeuser Reports Third Quarter Results
Weyerhaeuser Company (“Weyerhaeuser”) reported third quarter net earnings of $283 million, or 38 cents per diluted share, on net sales of $2.1 billion. This compares with net earnings of $99 million, or 13 cents per diluted share, on net sales of $1.7 billion for the same period last year. Third quarter results include after-tax charges […]
Boise Cascade Company Reports Third Quarter 2020 Results
Boise Cascade Company (“Boise Cascade,” the “Company,” “we,” or “our”) reported net income of $103.2 million, or $2.61 per share, on sales of $1.6 billion for the third quarter ended September 30, 2020, compared with net income of $27.2 million, or $0.69 per share, on sales of $1.3 billion for the third quarter ended September […]
A Successful NAWLA Exchange Event
Since the COVID pandemic halted travel and industry events, numerous trade associations across all industries have transitioned to virtual tradeshows. I have personally participated in four virtual tradeshows since June, including the NAWLA Exchange event that took place this week. There is no doubt that an online event can never replicate the benefits of an […]
Boise Cascade Announces Promotion of Jill Twedt to Senior Vice President
Boise Cascade Company (“Boise Cascade”) announced that Jill Twedt has been promoted to senior vice president. “We are pleased to announce Jill’s promotion. Her strong performance, demonstrated leadership, and collaborative approach have helped to build a trusted legal team that provides strategic partnership across the organization,” said CEO Nate Jorgensen. Ms. Twedt was named general […]
Huttig Building Products, Inc. Announces Third Quarter 2020 Results and Provides Business Update on COVID-19 Impact
Huttig Building Products, Inc. (“Huttig” or the “Company”), a leading domestic distributor of millwork, building materials and wood products, today reported financial results for the third quarter ended September 30, 2020, and provided a business update on its response to the COVID-19 pandemic. “As devastating as the impact of the COVID-19 global pandemic has been […]
NAR: Pending Home Sales Falter 2.2% in September
Pending home sales experienced a minor decline in September after four consecutive months of contract activity growth, according to the National Association of Realtors®. While all four major U.S. regions recorded notable year-over-year increases, only the Northeast achieved month-over-month gains in pending home sales transactions. The Pending Home Sales Index (PHSI),* www.nar.realtor/pending-home-sales, a forward-looking indicator […]