Allegion plc, a leading global security products and solutions provider, reported financial results for its first quarter (ended March 31, 2024). “Allegion’s Q1 performance sets a solid foundation for the year,” said John H. Stone, Allegion President and CEO. “Our team is executing at a high level and expanded margins in the quarter. Additionally, we […]
Tractor Supply Company Reports First Quarter 2024 Financial Results
Tractor Supply Company, the largest rural lifestyle retailer in the United States (the “Company”), reported financial results for its first quarter ended March 30, 2024. “For the first quarter, Tractor Supply’s results were in line with our expectations with positive comparable store sales and robust earnings growth. I want to thank our more than 50,000 […]
Ethan Allen Reports Fiscal 2024 Third Quarter Results
Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”), a leading interior design destination, reported its financial and operating results for the fiscal 2024 third quarter ended March 31, 2024. Farooq Kathwari, Ethan Allen’s Chairman, President and CEO commented, “We are pleased with our financial performance and the continued strengthening of our enterprise. We are […]
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 19, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
Masco Corporation Reports First Quarter 2024 Results
Masco Corporation, one of the world’s leading manufacturers of branded home improvement and building products, reported its first quarter 2024 results. Highlights 2024 First Quarter Results “We delivered another quarter of strong results,” said Masco President and CEO, Keith Allman. “We expanded adjusted operating profit margin by 90 basis points and grew adjusted earnings per […]
Tractor Supply’s 4-H Spring Paper Clover Fundraiser Has Sprung
Biannual event raises funds to support local 4-H members in pursuing lifechanging learning opportunities; fundraiser has generated more than $20 million since 2010 Tractor Supply Company, in partnership with National 4-H Council, announced the launch of the spring Paper Clover fundraiser, a biannual event that generates millions of dollars in scholarships for 4-H youth. The […]
Georgia-Pacific’s Albany Lumber Facility Produces its 1 Billionth Boardfoot
Georgia-Pacific’s Albany Lumber has produced its 1 billionth boardfoot. The record-setting board rolled off the production line on April 18, just four years after the facility opened in 2020. The mill tracks production using an internal database, giving employees insight into volume in real time and to determine important milestones. Construction on the $150 million, […]
Masonite Announces Sale of Architectural Business Segment
Masonite International Corporation announced that it has entered into a definitive agreement for the sale of all assets associated with the company’s Architectural segment to subsidiaries of IBP Solutions, Inc., a newly formed portfolio company of Industrial Opportunity Partners. The transaction is expected to close in the second quarter of 2024 and is subject to […]
Wabash Announces First Quarter 2024 Results
Quarterly revenue of $515 million; slightly below expectations on slower customer pickups Operating income of $30 million with operating margin of 5.7% Quarterly diluted earnings per share of $0.39 Total backlog of $1.8B, new order bookings continued during Q1 2024 EPS outlook maintained at $2.00 to $2.50 as Q1 shipment delays to flow into subsequent quarters Wabash, the innovation leader […]
CPKC Reports First-Quarter Results
Canadian Pacific Kansas City (CPKC) announced its first-quarter results, including revenues of $3.5 billion, diluted earnings per share (EPS) of $0.83 and core adjusted combined diluted EPS1, 2 of $0.93. “One year into our historic combination, I am proud of what our dedicated family of railroaders has accomplished as we deliver on the benefits of our unrivalled […]