Recent days have brought a flurry of quarterly financials from housing-related companies, from home builders to building materials manufacturers. Here’s the latest headlines on lumber and building materials companies, thanks to BUILDER’s sister publication ProSales magazine.
BlueLinx Barely Stays in the Black in 2Q
Posts net profit of $600,000; revenue and gross profit halved.
Owens Corning’s Roofing Unit Posts Record Earnings
Roofing yielded $182M profit; insulation group swung to a loss.
LP Shrinks Operating Loss Despite 31% Sales Drop
OSB, EWP units post losses; profit at siding unit dips.
Weyerhaeuser Wood Unit Posts $162M Loss
Result in line with 2Q08, but $104M better than 1Q09.
Roster Grows of Former Stock Yards Opening Under New Owners
Professional Builders Supply takes over Stock’s old Wilmington, N.C., location, adding to numerous transitions across the United States.
Stock Sheds Assets in Six States
New deals add to flurry of transactions involving closed facilities.
Stock’s Construction Loans Group Incurs $38M Interim Operating Loss
$13.2M in interest income helped offset loans loss; 49% stake in SBS for seven weeks cost Wolseley $16.5M.
Alison Rice is senior editor, online, at BUILDER magazine.
