Content about Company Earnings Announcement

May 21, 2013
Home Depot keeps rolling in first quarter

Atlanta-based The Home Depot reported first-quarter sales of $19.1 billion, up 7.4% from last year's quarter, which had one less week. 

On a like-for-like basis, comparable-store sales for the first quarter were positive 4.3%. U.S. stores comps were positive 4.8%, also on a like-for-like basis.

May 23, 2013
Ace reports uptick in revenues

Oak Brook, Ill.-based Ace Hardware reported first-quarter revenues of $923.2 million, up 1.7% from the same quarter in 2012.

Net income of $4.4 million was down from $10.2 million earned in 2012.

May 23, 2013
Toro rides through residential downturn

Bloomington, Minn.-based The Toro Co. reported record highs in sales and earnings for the second quarter, despite a double-digit sales decline in the residential division.

The company posted net earnings of $78.4 million, on a net sales increase of 1.9%, to $704.5 million for its fiscal second quarter ended May 3. 

In the comparable fiscal 2012 period, the company delivered net earnings of $68.8 million on net sales of $691.5 million. 

May 14, 2013
Valspar sales flat in second quarter

Minneapolis paint giant Valspar reported second quarter net sales of $1.03 billion, essentially flat with the prior-year quarter.

The company, which recently signed a deal to become the key supplier of paint for Ace Hardware, reported net income of $76.9 million, up from $76.5 million in last year's second quarter.

Volume was up 7%, including the Ace deal, up 3% excluding Ace. 

May 9, 2013
Central Garden & Pet Q2 sales rise

Central Garden & Pet reported second-quarter net sales of $498.2 million, a 7% increase over the comparable fiscal 2012 period.

May 7, 2013
LP reports strong Q1

Louisiana-Pacific reported net sales of $538 million, an increase from $362 million in the first quarter of 2012.

May 3, 2013
Newell Rubbermaid reports decline in Q1 income

Newell Rubbermaid reported first-quarter net income of $54.2 million, down 31.7% from $79.3 million. Sales for the quarter were $1.241 billion, down 0.8%.

May 3, 2013
Newell Rubbermaid to trim its portfolio

The company has announced plans to sell its “Hardware and Teach Platform” businesses.

May 1, 2013
Spectrum Brands loss widens in Q2

Despite sales gains, the consumer products company based in Madison, Wis., posted a net loss of $41.2 million.

April 30, 2013
Masco posts first-quarter growth

Taylor, Mich.-based Masco Corp. says it continues to benefit from trends in new home construction.

April 26, 2013
Sales and earnings decline for Simpson

Simpson Manufacturing Co. reported net sales for the first quarter ended March 31 decreased 2.6% to $154.5 million.

April 26, 2013
Weyerhaeuser posts Q1 gains

Braced by strong sales of wood products, the Federal Way, Wash.-based company reported a sales increase of 33%.

April 25, 2013
Stanley reports Q1 sales gain

New Britain, Conn.-based Stanley Black & Decker saw revenues grow, largely as the result of acquisitions.

April 24, 2013
USG gets back in the black

USG Corp. hailed its "first quarter of net income in more than five years," as sales increase 4% in the first quarter.

April 10, 2013
Fastenal points to growth in Q1

Despite "weakening industrial environment," Fastenal sales are up 4.9% in the first quarter ended March 31.

April 1, 2013
KB Home Q1 revenues rise

KB Home reported its first-quarter net loss narrowed by $33.3 million, or 73%, to $12.5 million, compared with a net loss of $45.8 million in the first quarter of 2012.

April 1, 2013
S&P lifts credit rating on Whirlpool

Standard & Poor's Ratings Services upgraded Whirlpool's long-term corporate credit rating one notch to "BBB" from "BBB-," the lowest investment-grade rating.

February 21, 2013
Luxury finds its way back home

The nation's single-family housing market is springing back to life, and the luxury market is budding right along with it.

Luxury homes have received a healthy boost from historically low mortgage rates, increased buyer confidence and burgeoning interest from foreign investors looking to capitalize on favorable exchange rates.

One bellwether of the recovery: Toll Brothers, the largest luxury home builder in the United States, reported that fourth-quarter revenues (ended Oct. 31, 2012) were up 48%, and new orders were the highest level seen since 2006.

February 21, 2013
Toro reports record-setting first quarter

The Toro Co. reported net earnings of $31.4 million in the first quarter of 2013, compared with net earnings of $19.9 million in the same quarter last year.

February 19, 2013
OSH looks to reposition and refinance

San Jose, Calif.-based Orchard Supply Hardware said sales were down in 2012, but the company pointed to improved “financial flexibility.”

February 15, 2013
BlueLinx reports narrowed loss for full year

Atlanta-based building products distributor BlueLinx Holdings reported a narrowed loss for the full year ended Dec. 29 as sales picked up.

February 7, 2013
Spectrum Brands reports record Q1 sales

With the acquisition of a few Stanley divisions in December, Spectrum Brands points to "record results."

February 5, 2013
Lennox points to strong residential business

Heating and air conditioning giant Lennox International reported fourth-quarter revenue of $685 million, up 6% from the prior-year quarter.

January 25, 2013
Weyerhaeuser reports strong 2012 earnings, sales

Federal Way, Wash.-based Weyerhaeuser reported net earnings of $385 million for the full year 2012, compared with net earnings of $331 million for the full year 2011.

January 24, 2013
A. O. Smith reports record 2012 sales and earnings

Sales from continuing operations for 2012 totaled $1.94 billion, up 13% from $1.71 billion recorded in 2011.

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