Masco Corporation, one of the world’s leading manufacturers of branded home improvement and building products, reported its results for the fourth quarter and full year of 2022. Highlights 2022 Fourth Quarter Results 2022 Full Year Highlights 2022 Full Year Results “In the fourth quarter, demand softened across product categories in North America, partially offset by […]
Tempur Sealy Reports Fourth Quarter and Full Year 2022 Results
Tempur Sealy International, Inc. (NYSE: TPX) announced financial results for the fourth quarter and year ended December 31, 2022. The Company also issued financial guidance for the full year 2023. Fourth Quarter 2022 Key Highlights Company Chairman and CEO Scott Thompson commented, “Our fourth quarter and full year results are the second best sales and adjusted net income results for like […]
Patrick Industries, Inc. Reports Fourth Quarter and Record Full Year 2022 Financial Results and Announces Quarterly Cash Dividend
Patrick Industries, Inc. (the “Company”), a leading component solutions provider for the Leisure Lifestyle and Housing markets, today reported financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights (compared to Fourth Quarter 2021 unless otherwise noted) Full Year 2022 Highlights (compared to Full Year 2021 unless otherwise noted) Net […]
Dynatronics Corporation Reports Second Quarter Fiscal Year 2023 Financial Results and Business Highlights
Dynatronics Corporation (“Dynatronics” or the “Company”), a manufacturer of athletic training, physical therapy, and rehabilitation products, today reported financial results for its second quarter of fiscal year 2023 ended December 31, 2022, and provided an update on the business. CEO Commentary “The year-over-year improvement in gross margin of 8.4% or nearly $1.0 million in gross […]
Hillenbrand Reports Fiscal First Quarter 2023 Results; Fiscal 2023 Guidance Updated to Reflect Batesville Sale
Hillenbrand, Inc. (NYSE: HI) reported results for the first quarter, which ended December 31, 2022. “We delivered a solid start to fiscal 2023, with revenue from our Advanced Process Solutions segment coming in stronger than expected driven by healthy demand in our base business as well as in our recent acquisitions,” said Kim Ryan, President […]
Statement by the BC Lumber Trade Council on President Biden’s Announcement of New Standards to be Introduced to Limit Use of Non-American Lumber in U.S Infrastructure Projects
Linda Coady, President of the BC Lumber Trade Council made the following statement in response to United States President Joe Biden’s State of the Union address signaling that new standards limiting the use of non-American lumber in U.S. infrastructure projects will be introduced. “The BC Lumber Trade Council is aware of President Biden’s intention to […]
Acadian Timber Corp. Reports Fourth Quarter & Year-End Results
Acadian Timber Corp. (“Acadian” or the “Company”) reported financial and operating results1 for the three months and full year ended December 31, 2022. “While 2022 presented a challenging operating year for Acadian due to limited contractor availability, demand for our products remained strong and pricing continued to increase throughout the year. Costs were elevated across the […]
Emerson Reports First Quarter 2023 Earnings Results; Updates 2023 Outlook
Emerson (NYSE: EMR) today reported results for its first quarter ended December 31, 2022 and updated its full year outlook for fiscal 2023, which are presented on a continuing operations basis. “Emerson continues to execute on the strategy we presented at our November 29th Investor Conference,” said Emerson President and Chief Executive Officer Lal Karsanbhai. […]
New Peer Reviewed Research Reinforces the Carbon Neutrality of Sustainably Sourced Biomass in the U.S. Southeast
Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, along with the U.S. Industrial Pellet Association (USIPA), welcome a recent study, titled “Impacts of the US southeast wood pellet industry on local forest carbon stocks.” The study has been peer-reviewed and published in a leading scientific journal, Nature, confirming that the wood pellet […]
Mortgage Applications Increase in Feb 8th MBA Weekly Survey
Mortgage applications increased 7.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 3, 2023. The Market Composite Index, a measure of mortgage loan application volume, increased 7.4 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index […]