Content about Sales

August 23, 2012
New-home sales continue to grow

Sales of new single-family houses in July 2012 rose 3.6% over the previous month, with a seasonally adjusted estimate of 372,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

This compares with a July 2011 estimate of 297,000, a jump of 25.3%.

August 14, 2012
With sales uptick, RILA sees return to stores in general

The Retail Industry Leaders Association (RILA) weighed in the Commerce Department’s monthly sales figures, which showed a return to positive numbers.

Monthly retail sales figures for July totaled $403.9 billion, an increase of 0.8% over the previous month, and 4.1% over July 2011.

August 7, 2012
Farm & ranch category helps Q2 results at True Value

True Value Co. reported revenue of $536 million for the second quarter, an increase of 1.2% from $529.5 million for the same period a year ago. The Chicago-based co-op posted a quarterly net margin of $22.2 million for the quarter, an increase of 1.8% over $21.8 million one year ago.

August 2, 2012
Sales rise 3.3% at BlueLinx

BlueLinx Holdings, the Atlanta-based building materials distributor, reported sales of $517 million for its second fiscal quarter, a 3.3% gain over sales of $500.8 million in the same quarter of 2011.

BlueLinx Holdings, the Atlanta-based building materials distributor, reported sales of $517 million for its second fiscal quarter, a 3.3% gain over sales of $500.8 million in the same quarter of 2011. The increase in revenue was attributed to increased underlying product prices for both specialty and structural product categories. Overall unit volume declined 1.3% compared with the same period a year ago as seasonal demand was pulled forward by favorable weather experienced during the first quarter of fiscal 2012, the company said.

July 31, 2012
Sales flat at Masco

Home products manufacturer Masco Corp. reported net sales of $2.0 billion for its second fiscal quarter, flat compared with $1.99 billion in the same quarter the year before. North American sales increased 3% and international sales decreased 9%, the company reported. In local currencies, international sales were flat compared with the second quarter of 2011.

Net loss for the company for the second quarter, which ended June 30, was $75 million, compared with $8 million in profit during the second quarter of 2011.

July 26, 2012
Sales jump 20% at Trex

Decking manufacturer Trex Co. reported net sales of $94.3 million for its second fiscal quarter, a 20% rise over sales of $78.4 million in the same quarter last year. Net income for the second quarter, which ended June 30, 2012, was $8.3 million, compared with net income of $2.1 million a year ago.

July 13, 2012
Rosen Materials hires former Stock exec

Rosen Materials, a Florida-based distributor of residential and commercial gypsum products and steel framing, has hired Andrew Randle as director of national accounts.

Andrew joins Rosen from Stock Building Supply, where he spent six years and held numerous positions, including building material sales, key account management, divisional sales management and his most recent role as national account manager to numerous top production builders.

July 12, 2012
Sales rise 24.7% at Jewett-Cameron

Jewett-Cameron Trading Co. reported $16.11 million in sales for its third fiscal quarter, a 24.7% increase over sales of $12.91 million for the same quarter of 2011.

Net income for the quarter, which ended May 31, was $937,090, compared with net income of $604,324 for the third quarter of 2011.

May 9, 2012
Sales, profits rise at Trex

Trex, a manufacturer of composite decking and railing products, reported net sales for the first quarter of 2012 of $96.1 million, a 39% increase over net sales of $69.0 million for the same period in 2011. 

The Winchester, Va.-based company reported net income of $12.3 million for its first quarter,  which ended March 31, 2012. This compares to net income of $5.1 million for the prior-year period. 

May 4, 2012
Sales rise 7% as Masco swings to profit in Q2

Masco Corp. has reported net sales of $1.87 billion for its first fiscal quarter, an increase of 7% over sales of $1.75 billion in the first quarter of 2011.

North American sales increased 9% and international sales increased 1%. In local currencies, international sales increased 5% compared with the first quarter of 2011.

Net income for the quarter, which ended March 31, was $33 million, compared with a net loss of $46 million a year ago.

May 3, 2012
Central Garden & Pet Q2 sales decline

Central Garden & Pet reported second-quarter net sales of $466.9 million, down 4% from  $485.7 million in the same period a year ago. Net income for the quarter ended March 24 totaled $21.6 million, compared with net income of $31.8 million in the second quarter of 2011. 

May 2, 2012
A. O. Smith posts positive Q1

A. O. Smith Corp. has posted first-quarter net earnings of $47.5 million, compared with $24.2 million in the prior-year quarter. Net earnings included an after-tax gain of $16.7 million, related to the sale of shares of Regal Beloit Corporation, which were received from the 2011 divestiture of the electric motor business.

May 1, 2012
Simpson reports Q1 sales increase

Simpson Manufacturing has reported income, net of tax, of $7.2 million for the first quarter of 2012 compared with income of $7.1 million in the first quarter of 2011.

Net sales for the quarter increased 19.8% to $158.7 million compared with net sales of $132.5 million in the year-ago period.

April 25, 2012
Double-digit comps boost Tractor Supply in Q1

A mild spring of weather conducive to farm and ranch sales propelled Tractor Supply Corp. to a strong first quarter.

The Brentwood, Tenn.-based farm and ranch retailer saw same-store sales increase 11.5% in the first quarter ended March 31. Net sales increased 22.0% to $1.02 billion.

Net income for the quarter was $40.3 million, compared to net income of $18.3 million in the same quarter last year.

April 23, 2012
Sales increase 15% at Sherwin-Williams

Sherwin-Williams Co. reported net sales of $2.14 billion for its first fiscal quarter, a 15.1% rise over net sales in the same quarter of 2011. The increase was attributed primarily to higher paint sales volume and selling price increases. 

February 15, 2012
Slowdown seen in sales of B.C. lumber to China

According to an article in The Globe and Mail, sales of British Columbia lumber to China have declined dramatically -- a major reversal from the strong sales of 2011. 

Analysts continue to expect more growth in 2012, but Statistics Canada estimated a mere $67 million in B.C.-to-China lumber sales in December, down 36% from the same month in the previous year.

February 14, 2012
Sales flat at Masco

Masco Corp. reported net sales of $7.46 billion for fiscal 2011, relatively flat compared with sales of $7.48 billion in 2010. North American sales decreased 3% and international sales increased 8% compared with 2010, the company said. In local currencies, international sales increased 3% compared with 2010.

The Taylor, Mich., corporation posted a net loss of $575 million for its 2011 fiscal year, compared with $1.04 billion during fiscal 2010.

February 14, 2012
Sales, profits rise at Valspar in Q1

Paint manufacturer Valspar reported first-quarter sales of $885.6 million, a 5.1% increase from the first quarter of 2011. Net income for the first quarter, which ended Jan. 27, was $55.8 million, compared with net income of $33.4 million in the same quarter a year ago.

January 26, 2012
New housing sales fell in December

Sales of new single-family houses in December fell to a seasonally adjusted annual rate of 307,000, down 2.2% from the revised November rate of 314,000. 

Compared with a year ago, December new housing sales were down 7.3%, according to the U.S. Commerce Department's new residential sales report released Thursday. 

January 9, 2012
BrassCraft names new VP

BrassCraft Manufacturing, a division of Masco, has promoted George Werner to the position of VP retail sales. In this position, Werner will direct retail sales strategies and initiatives in support of BrassCraft Manufacturing's business goals and sales targets. In addition to all retail sales, with the exception of The Home Depot, Werner's responsibilities include the retail and wholesale segments of business for BrassCraft service parts and Cobra products.

December 20, 2011
Knipex Tools names new VP sales

Knipex Tools has announced the promotion of Todd Shumate from the position of sales manager to VP sales, North America. All field operations will report directly to Shumate, including channel managers, regional managers and the KTLP nationwide manufacturers' representative network.

Prior to joining the Arlington Heights, Ill., company in 2008, Shumate held regional sales manager positions at Minerallac/Cully, Progress Lighting/Hubbell Lighting and Klein Tools. He also held management roles at Dalloz Safety and Chase Ergonomics.

December 15, 2011
Poly-Wood announces executive promotion

Syracuse, Ind.-based Poly-Wood Inc., a manufacturer of high-performance, eco-friendly casual outdoor furniture, announced the recent promotion of Chad Yordy to VP sales and marketing. 

Yordy initially joined Poly-Wood in 2006 as director of sales for the contract division. In his new position, Yordy, who will continue to be responsible for the expansion of sales and distribution channels, also will coordinate the company’s growth strategies.

November 18, 2011
Sales rise but profits fall at CG&P

Central Garden & Pet, a leading supplier of seeds, pottery, insecticides and other outdoor living products, reported net sales for its fourth fiscal quarter of $376.9 million, a 9% increase over the comparable period in fiscal 2010. The company's operating loss was $4.6 million for both the fourth quarter of 2011 and 2010.

Sales gains were driven by the garden products segment, which reported net sales for the quarter of $165.1 million, a gain of 24% over the fourth quarter of 2010. 

November 16, 2011
HD's Menear points to merchandise highlights

Atlanta-based Home Depot's wind-and-storm aided sales effort in the third quarter presented several category highlights, according to executive VP merchandising Craig Menear.

The company's strong third-quarter performance, which included a 13% net earnings increase and comp-store sales of positive 4.2%, included strength "in the core of the store" and growth in average ticket and transactions.

November 3, 2011
ABC Supply names new operations executive

ABC Supply, the nation’s largest distributor of roofing, has promoted Mike Boggs to director of operations, a newly created position. In his new role, Boggs is responsible for championing, developing and implementing critical operational initiatives, including continued improvement of the company’s Customer Service Delivery System (CSDS), inventory management, fleet optimization, outside sales management, response to storms, and the leveraging of technology to enhance internal service quality and customer service.