The company also reported 2021 fourth-quarter net earnings of $1.2 billion and diluted earnings per share of $1.78.
Operations
Article
Home Depot: 4Q Sales Up 10.7%
The world’s largest home improvement retailer also reported 2021 year-end sales of more than $151 billion, a 14.4% increase.
Operations
Article
Builders FirstSource OKs $1B Stock Buyback Plan
The building materials distributor says its board of directors has authorized the company to repurchase $1 billion of its common shares.
Operations
Article
After 4Q Report, Pentair Announces Dividend
The water treatment and sustainability provider says it will pay a regular quarterly cash dividend of $0.21 per share in May.
Operations
Article
Masonite Annual Sales Reach $2.6B
The manufacturer and distributor of interior and exterior doors says annual sales were 15% above 2020, while 4Q sales rose 2.8%.
Operations
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Barnes Group 4Q Sales Rise 8%
The Connecticut-based industrial and aerospace manufacturer and service provider reported 2021 fourth-quarter sales of $311 million.
Operations
Article
Avnet Announces Regular Dividend
The Phoenix-based company’s board of directors recently approved a regular quarterly cash dividend of $0.26 per share.
Economic Trends
Article
January Materials Prices Jump 20%
Construction material costs soared between January 2021 and January 2022, according to an analysis of recently released government data.
Operations
Article
TriMas Declares Quarterly Dividend
The Michigan-based manufacturer of engineered and applied products declared a quarterly cash dividend of $0.04 per share.
Operations
Article
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.
Operations
Article
US Foods 4Q Sales Jump 24.5%
US Foods Holding Corp. reported 2021 fourth-quarter sales of $7.6 billion and year-end sales of $29.5 billion.
Operations
Article
Fortive to Repurchase Up to 20M Shares
Fortive Corp. says its board authorized a repurchase program under, which Fortive may purchase up to 20 million shares of its common stock.

