Always on the cutting edge of what’s next in outdoor living, Trex Company [NYSE:TREX], the world’s largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, partnered with Zonda to create the 2024 Virtual Concept Home by Livabl. This innovative home design platform brings together leading homebuilders, architects, designers and brands to […]
Graphic Packaging Holding Company Reports Second Quarter 2023 Financial Results
Highlights Graphic Packaging Holding Company (NYSE: GPK), (the “Company”), a leading fiber-based consumer packaging company, today reported results for the second quarter of 2023. Net Income for second quarter 2023 was $150 million, or $0.49 per share, based upon 309.1 million weighted average diluted shares. This compares to second quarter 2022 Net Income of $66 […]
Resolute Completes Sale of Thunder Bay Pulp and Paper Mill
Resolute Forest Products Inc., a subsidiary of Domtar Corporation and a part of the Paper Excellence Group, today announced that, on August 1, 2023, it completed the previously disclosed sale of the Thunder Bay (Ontario) pulp and paper mill to an affiliate of Atlas Holdings, pursuant to the terms of the asset purchase agreement dated May 26, 2023. Resolute will […]
ABC: Nonresidential Construction Spending Increases Slightly in June
National nonresidential construction spending increased 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Spending is up 18% over the past 12 months. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.07 trillion in June. Spending increased on a monthly basis in 12 […]
Conner Industries Acquires Guardian Packaging Industries
Conner Industries, Inc., a leading provider of lumber, industrial wood crates & pallets, and integrated packaging solutions, announced today the acquisition of Guardian Packaging Industries, LP, a foam cutting specialist and an integrated packaging provider that combines wood, foam, and corrugate components, in Garland, Texas, which also includes the Southwest Air Products division, producing adhesive foam […]
The Aaron’s Company, Inc. Reports Second Quarter 2023 Financial Results
The Aaron’s Company, Inc. (NYSE: AAN) today released its second quarter 2023 financial results. Complete financial results are available at investor.aarons.com. Second Quarter 2023 Consolidated Results1: Second Quarter 2023 Key Items: The Aaron’s Company Aaron’s Business BrandsMart The Company will host an earnings conference call tomorrow, August 1, 2023, at 8:30 a.m. ET. Chief Executive Officer […]
Leggett & Platt Reports 2Q Results
President and CEO Mitch Dolloff commented, “Second quarter earnings were in line with expectations on lower than anticipated sales. We saw sustained strength in the Specialized Products segment results although weak consumer demand continued to affect results in the Bedding Products and Furniture, Flooring & Textile Products segments. “We are lowering our full year guidance to reflect […]
Harbour Group Acquires DIY Home Center, LLC
DecksDirect, a Harbour Group company, has acquired DIY Home Center, LLC (“DIY”), Jeff Fox, Harbour Group’s chairman and chief executive officer, announced today. Terms of the transaction were not disclosed. DIY is an online building products distributor focused on deck components and other select exterior building products. DIY offers exceptional and personalized service for every […]
Toll Brothers Apartment Living® and EJF Capital Break Ground on Henri in Downtown Phoenix, Ariz.
JV secures $65 million construction loan to build 313-unit luxury rental multifamily community Toll Brothers Apartment Living®, the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and EJF Capital have announced a joint venture to develop Henri in downtown Phoenix, Ariz. The project is being financed through a $65 million construction loan facility. Henri will be a […]
PotlatchDeltic Corporation Reports Second Quarter 2023 Results
PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $22.3 million, or $0.28 per diluted share, on revenues of $246.1 million for the quarter ended June 30, 2023. Excluding after-tax special items consisting of gain on insurance recoveries and CatchMark merger-related expenses, adjusted net income was $5.2 million, or $0.06 per diluted share for the […]