Content about Ply Gem Holdings

May 20, 2014

A new class action suit against Ply Gem Holdings is charging the exterior building products manufacturer with misrepresenting its financial performance.

Robbins Geller Rudman & Dowd LLP announced the suit on Monday, which is being filed on behalf of an institutional investor in the United States District Court for the Southern District of New York on behalf of purchasers of Ply Gem shares related to its May 22, 2013 IPO.

May 14, 2013

Cary, N.C.-based Ply Gem Holdings, a manufacturer of exterior building products, announced plans to launch its initial public offering of nearly 16 million shares of its common stock. 

Ply Gem plans to use the proceeds from the public offering to pay off debt, to pay transaction fees and for general corporate purposes, according to the announcement. 

The stock has been approved for listing on the New York Stock Exchange under the symbol “PGEM.” 

March 16, 2012

Ply Gem Holdings, a manufacturer of exterior building products, reported net sales of $242.4 million for its fourth fiscal quarter, a 3.9% increase over sales of $220.5 million in the fourth quarter of 2010.

November 15, 2011

Ply Gem Holdings, a maker of siding, fencing, doors, windows and other exterior products, reported third-quarter net sales of $297.9 million, a 10.5% hike over sales of $269.5 million in the same quarter last year. 

The Cary, N.C., company posted a net loss of $458,000 for the third fiscal quarter, which ended Oct. 1. This compares with a net loss of $6.4 million in the corresponding quarter of fiscal 2010. Third-quarter operating earnings were $25.1 million compared with $24.6 million for the third quarter of 2010. 

March 23, 2011

Cary, N.C.-based exterior products manufacturer Ply Gem Holdings posted 2010 sales of $995.9 million, up 4.7% from 2009.

Net income for the full year ended Dec. 31, 2010, was $27.7 million, compared with a loss of $76.8 million in the prior year.