Pete Eppele advises on how to re-consider cost-plus pricing models, examine customer-specific pricing and reduce over-discounting.
Net sales increased 7% year-over-year in 3Q, down significantly from 2Q sales growth of 24.4%.
The acquisition brings Colony Hardware to nearly 60 locations across the U.S.
The company’s sales slowed considerably in the second half of the year amid tougher comps and a slumping single-family housing market.
France-based Saint-Gobain saw the Americas become its largest region in terms of operating income in 2022.
We break down the building supplies distributors’ 4Q and full-year financials, which included a company-record $8.4 billion in 2022 sales.
Despite the decline in January, backlog remains elevated by historical standards and is 0.1 months higher than in February 2020.
Construction job openings also increased by 82,000 in December, according to an Associated Builders and Contractors analysis.
SRS has acquired Marsh and its eight locations in Ohio and Kentucky.
See how the building materials distributor plans to considerably grow beyond its current footprint of 310 nationwide facilities this year.
The acquisition is expected to close in the first quarter of 2023.
Started in a vacant basement, 84 Lumber has expanded to become the United States’ largest privately-owned building materials distributor.
