Blue Book Pay Indicators provide Members with a summary of the overall reported pay practices of a company, using a statistical equation. Pay Indicators are assigned based on reports received from trading partners, evaluating the overall business practices of a company, including pay patterns. Pay reports received on a business are placed into one of […]
International Paper Names Mark Nellessen Vice President, Investor Relations
International Paper announced today that Mark Nellessen has been named vice president of Investor Relations, reporting to Tim Nicholls, senior vice president and chief financial officer, effective immediately. Nellessen joined International Paper in 1992 and has held roles of increasing responsibility in finance and general management. Most recently, Mark served as vice president, Financial Planning […]
Fortune Brands Announces Intent to Separate Into Two Publicly Traded Companies; Reports 1Q 2022 Results
Business and Operations Highlights: Company announces intent to separate into two leading publicly traded companies via a tax-free spin-off of Cabinets business 1Q 2022 sales of $1.9 billion increased 8 percent versus a year ago 1Q 2022 earnings per share (EPS) of $1.34; an increase of 6 percent versus a year ago; EPS before charges […]
West Fraser Announces First Quarter 2022 Results
West Fraser Timber Co. Ltd. (“West Fraser” or the “Company”) reported today the first quarter results of 2022 (“Q1 2022”). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise. First Quarter Highlights Sales of $3.110 billion and earnings of $1,090 million, or $10.25 per diluted share Adjusted EBITDA of […]
HNI Corporation Reports Earnings for First Quarter Fiscal Year 2022
HNI Corporation today announced sales for the first quarter ended April 2, 2022 of $572.3 million and net income of $14.2 million. GAAP net income per diluted share was $0.33, compared to $0.34 in the prior year. Non-GAAP net income per diluted share was $0.33, compared to $0.36 in the prior year. GAAP to Non-GAAP reconciliations […]
Mercer International Inc. Reports First Quarter 2022 Results and Announces Quarterly Cash Dividend of $0.075
Mercer International Inc. today reported first quarter 2022 results. Operating EBITDA increased to a $154.5 million from $82.0 million in the first quarter of 2021 and decreased from $164.9 million in the fourth quarter of 2021. In the first quarter of 2022, net income was $88.9 million (or $1.35 per basic share and $1.34 per […]
Mohawk Industries Reports Q1 Results
Mohawk Industries, Inc. today announced 2022 first quarter net earnings of $245 million and diluted earnings per share (EPS) of $3.78. Adjusted net earnings were $246 million, and adjusted EPS was $3.78, excluding restructuring, acquisition, and other charges. Net sales for the first quarter of 2022 were $3.0 billion, an increase of 13.0% as reported and 17.3% on a constant currency […]
Clearwater Paper Reports First Quarter 2022 Results
Clearwater Paper Corporation, a premier supplier of quality tissue and bleached paperboard products, today reported financial results for the first quarter ended March 31, 2022. First Quarter Highlights Delivered strong performance due to continued strength in the paperboard business and improvements in tissue Higher pricing in both businesses helping to offset inflation Net sales of $488 […]
Floor & Decor Launches the Grand Opening of its Warrensville Heights, Ohio Store
Grand Opening Celebration and Pro Event Floor & Decor, a leading specialty retailer of hard-surface flooring, will expand its nationwide footprint when it opens the doors to its newest location in Warrensville Heights, Ohio on May 5, 2022. The 80,000 square-foot Floor & Decor warehouse store and design center will open with a team of about […]
Ethan Allen Reports Fiscal 2022 Third Quarter Results
Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) today reported its financial and business results for its fiscal 2022 third quarter ended March 31, 2022. Farooq Kathwari, Ethan Allen’s Chairman, President and CEO commented, “We are pleased to report double-digit growth in many key operating metrics including sales, income and earnings per share. Our […]