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The company also reported 2021 fourth-quarter net earnings of $1.2 billion and diluted earnings per share of $1.78.

The world’s largest home improvement retailer also reported 2021 year-end sales of more than $151 billion, a 14.4% increase.

The manufacturer and distributor of interior and exterior doors says annual sales were 15% above 2020, while 4Q sales rose 2.8%.

The Connecticut-based industrial and aerospace manufacturer and service provider reported 2021 fourth-quarter sales of $311 million.

The Phoenix-based company’s board of directors recently approved a regular quarterly cash dividend of $0.26 per share.

Economic Trends

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January Materials Prices Jump 20%

Construction material costs soared between January 2021 and January 2022, according to an analysis of recently released government data.

The Michigan-based manufacturer of engineered and applied products declared a quarterly cash dividend of $0.04 per share.

Operations

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GPC 2021 Sales Top $18B

Genuine Parts Company also reported 2021 fourth-quarter sales of $4.8 billion, a 13% increase over the same period in 2020.

US Foods Holding Corp. reported 2021 fourth-quarter sales of $7.6 billion and year-end sales of $29.5 billion.

Fortive Corp. says its board authorized a repurchase program under, which Fortive may purchase up to 20 million shares of its common stock.