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In a call with analysts, representatives at The Home Depot differentiated between "large" and "small" pro customers, discussing a jump in demand for pro customers pulling in annual tickets of more than $10,000.
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First-quarter operating income at Ainsworth rose to C$3.4 million (US$3.4 million) behind a 19% jump in sales, but net income still plummeted to C$700,000 (US$697,000), from a C$77.7 million (US$77.4 million) income a year ago.
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Ply Gem saw first-quarter operating earnings rebound to a gain of $1.2 million from a loss of $14.2 million a year ago on a 19% jump in sales to $239.1 million for the same period, the company reported today.
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Beacon Roofing Supply swung into the black during its fiscal second quarter with as net income of $3.1 million compared to a net loss of $6.2 million during the same period a year ago. Net sales jumped 33% to $395.2 million for the period ended March 31.
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Trex more than doubled its year-ago profits while rebounding from a fourth-quarter 2011 loss to total $12.3 million in earnings for the first quarter 2012.
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Louisiana-Pacific (LP) Corp., more than halved its first-quarter net loss, compared with the same period last year, to $11.3 million behind a 9% rise in sales to $361.5 million.
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Net loss at Interfor widened to C$6.5 million (US$6.6 million), compared to C$1.7 million (US$1.7 million) a year ago, for the first quarter despite an almost 5% growth in total sales to C$186.7 million (US$188.7 million), the company reported.