Content about Software development

April 10, 2012
Southern Casual Living changes name to ATLeisure

Atlanta based outdoor furniture and umbrella company Southern Casual Living announced today a company name change to differentiate itself in the lawn and garden marketplace.  The new company name is ATLeisure.  Southern Casual Living, formally Southern Patio, has taken a new direction and will be marketing itself under their new logo and name starting in the 2013 season.

March 9, 2012
Lowe’s to offer extra services to commercial customers

Lowe’s has partnered with Deluxe Corp. in a deal that will offer Lowe’s commercial customers services like web design and hosting, search engine marketing and optimization, logo design, and emailing marketing. Deluxe’s products and services will be offered through LowesforPros.com website.

February 7, 2012
Scotts sales drop in Q1

Scotts Miracle-Gro reported first-quarter net sales of $211.2 million, an 8% drop over sales of $230.2 million during the prior-year quarter.

Net loss for the industry’s largest lawn and garden supplier was $1.21 million for the first quarter, which ended Dec. 31, 2011. This compares with a net loss of $1.02 million during the first quarter of 2010.

December 7, 2011
Scotts expects rough patch in first quarter

Marysville, Ohio-based Scotts Miracle-Gro said Wednesday morning that its first quarter will see a bigger-than-expected loss, but it is maintaining its outlook for the full year.

Sales for the first quarter ending Dec. 31 are expected to decline about $30 million from the same quarter a year ago. The adjusted net loss in the quarter is expected to range from $70 million to $75 million, compared with a net loss of $65.6 million in the prior year.

The $1.20-to-$1.25 per share loss is greater than the $1.13 per share loss expected by Wall Street.

November 30, 2011
Beacon Roofing posts record sales for quarter, year

Beacon Roofing Supply, the Peabody, Mass., distributor of roofing and other housing exterior materials, posted net sales of $575.6 million for its fourth fiscal quarter, a 19.3% rise over sales of $482.6 million in the same quarter last year.

October 4, 2011
Gift cards going mobile

A survey conducted in September at the annual Shop.org Retail Summit in Boston showed that that almost half of all retailers surveyed planned to offer eGifting this holiday season and 44% were looking at location-based deals as a key element of their mobile marketing strategy.

A survey conducted in September at the annual Shop.org Retail Summit in Boston showed that that almost half of all retailers surveyed planned to offer eGifting this holiday season, and 44% were looking at location-based deals as a key element of their mobile marketing strategy. 

The survey, sponsored by CashStar, found a growing number of concerns among retailers about the lack of personalization of gift cards. 

September 29, 2011
Lumber Liquidators acquires operations in China

Toano, Va.-based Lumber Liquidators has agreed to acquire certain assets of Sequoia Floorings relating to Sequoia’s quality control and assurance, product development and logistics operations in China.

August 16, 2011
Sales rise at Valspar

Paint manufacturer Valspar reported $1.07 billion in sales for its third quarter, a 22.5%   increase from sales in the same quarter of 2010. Net income for the quarter, which ended July 29, 2011, was $67.4 million, compared to $75.1 million a year ago.

July 8, 2011
WD-40 posts mixed results in third quarter

San Diego-based WD-40 Co. posted third-quarter net sales of $85.5 million, an increase of 4% compared with the same quarter last year. Net income, however, slipped 12% to $8.1 million for the quarter ended May 31.

CEO Garry Ridge pointed to increases in commodity prices that have negatively impacted the company's gross margin, which was 49.3% in the third quarter, compared with 51.2% in the same quarter last year.

February 18, 2011
BFS reports $24.6 million loss for quarter

Builders FirstSource, one of the industry’s largest pro dealers, reported sales of $147.1 million for its fourth fiscal quarter, a 4.5% decline over sales of $154.0 million a year ago. The company estimates that sales increased 3.1% due to commodity inflation, but decreased approximately 7.6% due to volume and competitive pricing.

Net loss for the fourth quarter of 2010 was $24.6 million, compared with net income of $6.6 million for the fourth quarter of 2009. 

February 14, 2011
Masco's big-ticket business was hit hard in 2010

For Masco Corp., 2010 was a tale of two very different halves, according to CEO Tim Wadhams. 

The diverse home product company saw sales rise in the first half. Then, as the new home buyer tax credit expired and competition stiffened as costs increased, sales went south. "Our installation and cabinet businesses, which are tied to new-home construction and big-ticket repair and remodel activity, were particularly hard hit," he said.

January 11, 2011
Q1 sales increase 4% for WD-40 Co.

Sales were up, but earnings were down for San Diego-based WD-40 Co.

Sales for the first quarter ended Nov. 30 were $80.9 million, an increase of 4% from the first quarter last year. Net income for the first quarter was $9.1 million, down 4% from the prior fiscal year first quarter.

December 16, 2010
At Pier 1 Imports, double-digit positive comps

Posting its fifth consecutive quarter in the black, Fort Worth, Texas-based Pier 1 Imports reported third-quarter sales of $353.8 million, up from $327.1 million in the same three months last year.

Comp-store sales for the quarter increased 10.2%.

"With sales and margins exceeding our expectations and the overall leveraging of expenses, we are reporting net income for our fifth consecutive quarter," said Alex W. Smith, president and CEO.

November 11, 2010
With initiatives swirling, Ace Hardware posts declines

With multiple initiatives in play -- including a plan to create a subsidiary to run...

October 27, 2008
USG reports third-quarter net loss of $40 million

The building products company had net sales of $1.2 billion for the quarter, down 8...

October 5, 2008
Store experiments with ESOP model

When asked to explain the advantages of a store being owned by its employees, Doug...

August 27, 2008
Handy Hardware sales up 40 percent at fall market

Handy Hardware’s sales are up 7 percent through the first seven months of 2008, including...

August 10, 2008
Rough riders

“These are tough times. The general consensus is: we’ll make it through.” That’s how Orgill...

March 6, 2008
BMHC posts $331.3 million loss

The San Francisco pro dealer is integrating some aspects of its two divisions, SelectBuild and...

February 26, 2008
Sales down 5.6 percent at Trex in fourth quarter

For the year, the company reported a net loss of $75.9 million, compared to net...

February 21, 2008
Builders FirstSource posts $20 million loss

The Dallas-based pro dealer saw its sales drop 31 percent last quarter. Sales declines for...

November 18, 2007
Tough Third Quarter for BMHC, Builders FirstSource

The building slump continues to hurt sales for two of the LBM industry’s top players,...