Page 77 - Builders Firstsource News Today

Dealer Profile: Simonson Lumber As a little kid, Richard Hobbs had big plans. “When I grow up, I want to be a Senator,” he told his mother. As second-generation co-owner with her husband of Simonson Lumber, today headquartered in St. Cloud, Mn., she delivered the verbal equivalent of a slap up the head: “So everything Grandpa Nels worked for would be wasted?” By Carla Waldemar On April 22, 2021 As a little kid, Richard Hobbs had big plans. “When I grow up, I want to be a Se...

Brown Gibbons Lang & Company (BGL), a leading independent investment banking and financial advisory firm, has released a new industry report from its Industrials investment banking team on M&A trends in the Building Products sector. Companies are navigating the reverberations of a global pandemic, the silver lining of which has been the acceleration of home investment. (PRNewsfoto/Brown Gibbons Lang & Company) The Housing market rebounded sharply in mid-2020 with strong fundamentals serving to ...

Builders FirstSource Completes BMC Merger, CEO Succession Ninety days after originally announcing the merger, Dave Flitman is now CEO of Builders FirstSource, succeeding the retiring Chad Crow. Apr 1st, 2021 DALLAS — Builders FirstSource, Inc. announced Thursday that Dave Flitman has been appointed chief executive officer. The planned transition of the CEO role is taking place 90 days after Builders FirstSource (BFS) and BMC Stock Holdings, Inc. announced the completion of their all-stock ...

dhinkley@thealpenanews.com News Photo by Darby Hinkley Habitat for Humanity Northeast Michigan Executive Director Ted Fines and Jenny Nestell, home ownership program coordinator and volunteer coordinator, hold up International Women Build Week T-shirts. The public is welcome to participate in virtual events this week honoring Women Build. ALPENA — Today is International Women’s Day, and the first day of Habitat for Humanity’s International Women Build Week. In a traditional non-pandemic y...

Builders FirstSource Sales Improve 17.6% in 2020 Dallas-based building materials distributor Builders FirstSource, fresh off the acquisition of BMC Stock Holdings, said fourth-quarter sales climbed 43.5%. Author Building materials distributor Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, reported 2020 sales of $8.6 billion, a 17.6% increase compared to 2019. Acquisitions and core organic growth contributed 2.5% and 5.6% of the increase, respectively. “Record fourth quarter res...

DALLAS, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (Nasdaq: BLDR) today reported its results for the fourth quarter and full year ending December 31, 2020. Fourth Quarter 2020 Highlights: - Core organic sales increased 15.0%, excluding acquisitions and commodity impacts - Commodity inflation increased net sales 26.5% - Acquisitions contributed to net sales growth of 2.0% Gross profit of $669.2 million increased 40.4% compared to the prior year period Net income of $139.9 mi...

DALLAS (AP) _ Builders FirstSource Inc. (BLDR) on Friday reported fourth-quarter net...

On Friday, February 26, Builders FirstSource (NASDAQ:BLDR) will release its latest earnings report. Here is Benzinga's outlook for the company. Net ...

Builders grapple with land shortage, lumber costs A sign sits in front of a KB Home construction site on Feb. 2 in Simi Valley, California. Soaring lumber prices and a shortage of construction-ready land could limit builders’ ability to capitalize on the strong housing market trends, analysts say. (AP Photo/Mark J. Terrill) By ALEX VEIGA AP Business Writer U.S. homebuilders are poised to benefit this spring homebuying season amid strong demand, low mortgage rates and an all-time low inventory...

LOS ANGELES (AP) — U.S. homebuilders are poised to benefit this spring homebuying...