Sierra Pacific Industries has named Todd Payne as President and General Manager of the Lumber Business. “Todd exemplifies the Sierra Pacific’s values,” said CEO Mark Emmerson. “I have great confidence in Todd’s leadership and commitment. Having recently joined us from Seneca, he brings to SPI a deep knowledge of our industry.” “Todd understands the key […]
Graphic Packaging Recognized on Forbes World’s Best Employers 2021 List
Graphic Packaging Holding Company, (the”Company” or “Graphic Packaging”), a leading provider of sustainable fiber-based consumer packaging solutions, has been named to Forbes’ 2021 list of the “World’s Best Employers.” The selection of Graphic Packaging by Forbes was based on independent surveys conducted in more than 55 countries around the world, where employees rated their employers […]
Beacon Honors Six Veterans With Roof Replacement
In honor of Veterans Day, today, Beacon (Nasdaq: BECN) revealed the six grand prize winners of its annual Beacon of Hope, a nationwide contest awarding deserving Veterans with new roofs. For the third year in a row, as part of Beacon’s commitment to its communities, Beacon will deliver and facilitate roof replacement for the six […]
Floor & Decor Launches the Grand Opening of its Conyers, Georgia Store on November 19, 2021
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 Conyers, Georgia on November 19, 2021. This opening marks the eight store in the Atlanta market. The 78,000 square-foot Floor & Decor warehouse store and design center will open with […]
PGTI Reports 2021 Third Quarter Results and Maintains Fiscal 2021 Guidance
PGT Innovations, Inc. , a national leader in premium windows and doors, including impact-resistant products and products designed to unify indoor/outdoor living spaces, announced financial results for its third quarter ended October 2, 2021. Financial Highlights for Third Quarter 2021 compared to Third Quarter 2020 -Net sales increased 26 percent, to $300 million, which includes […]
Canadian Tire Corporation Delivers Strong Third Quarter Comparable Sales and Other Business Updates
Canadian Tire Corporation, Limited released its third quarter results for the period ended October 2, 2021. -Diluted Earnings Per Share (EPS) was $3.97; normalized diluted EPS was $4.20 per share -Consolidated comparable sales were up 3.3% vs 2020 and up 21% vs 2019 -Annual dividend to be increased 10.6% to $5.20 per share, reflecting 12 […]
Floor & Decor Launches the Grand Opening of its 10th Dallas Area Store in Denton, Texas on November 22, 2021
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 Denton, Texas on November 22, 2021. The 73,000 square-foot Floor & Decor warehouse store and design center will open with a team of about 50 full-time and part-time associates led […]
PGT Innovations Supports Veterans With Donation of Over $9,000 Between Two Nonprofits
PGT Innovations, a national leader in the premium window and door category, recently donated $9,580 between two nonprofit organizations, Operation Warrior Resolution and Wounded Warrior Project. Earlier this year, PGT Innovations designed its own company-branded RED (Remember Everyone Deployed) t-shirt and made the shirts available for employees to purchase and wear on Fridays for RED […]
NAR: Home Prices Spiked by Double-Digits in 78% of Metro Areas in Third Quarter of 2021
Strong homebuyer demand and limited housing supply led to median sales prices rising for existing single-family homes in all but one of 183 measured markets in the third quarter of 2021. This is according to the latest quarterly report from the National Association of Realtors®, which found that 78% of 183 markets experienced double-digit year-over-year […]
Freddie Mac: Mortgage Rates Drop Below Three Percent Again in November 10th Report
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.98 percent. “Despite the re-acceleration of economic growth, the recent bond rally drove mortgage rates down for the second consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “These low mortgage rates, combined with the tailwind of first-time […]