Content about Stock Building Supply

July 29, 2014

Shares of Stock Building Supply were up Tuesday morning following the release of its second-quarter earnings report, which pointed to steady growth for the distributor.

Net sales for the three months ended June 30 were $344.6 million, up 9.5% from $314.7 million in the year-ago period.

Net income jumped to $5.6 million from $2.0 million in 2013, while operating income got a similarly significant boost to $8.9 million (compared with $3.9 million).

October 31, 2013

Jeffrey Rea, CEO of Stock Building Supply, offered investors a favorable view of economic trends affecting LBM.

In a statement accompanying the company’s third-quarter earnings report, Rea said:

July 30, 2013

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January 2, 2013

Raleigh, N.C.-based Stock Building Supply acquired Total Building Services Group, an Atlanta supplier of structural components and architectural millwork.

Terms of the sale were not disclosed.

January 10, 2011

The prolonged housing downturn has pushed the building materials industry into uncharted waters where everyone is trying to hold their place in a shifting topography of competitors, suppliers and customers. Big or small, LBM operators are learning that the rules of engagement have changed. Here today, gone tomorrow, back next week in a reconfigured shape.

What a perfect time to try something new. 

November 15, 2010

Stock Building Supply has named Jeffrey Rea, a former Johns Manville executive, as its new...

November 14, 2010

Joe Appelmann, CEO of Stock Building Supply, is no longer with the company, according to...

September 27, 2010

Wolseley, the parent company of U.S. plumbing distributor Ferguson, has announced plans to move its...

Wolseley, the parent company of U.S. plumbing distributor Ferguson, has announced plans to move its official headquarters to Switzerland in order to reduce its tax burden in England. If approved by shareholders, the London-based firm would create a holding company called “New Wolseley” but continue to employ nearly 10,000 people in the U.K.

New Wolseley would still be listed and traded on the London Stock Exchange, according to the proposal.

March 2, 2008

Robert Ross, a commercial builder from Austin, Texas, calls the Commercial Builders Council “the best...

January 13, 2008

The first issue of the year is always rich in forecasts and predictions....

December 16, 2007

Several companies have taken a strong look at their bottom lines for 2008, with layoffs...