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Category: 2021 earnings
Huttig 4Q Sales Up 24.8%
Building materials distributor Huttig Building Products (NASDAQ: HBP) reported a 24.8% increase in 2021 fourth-quarter net sales and an 18.4% jump in total year-end sales compared with 2020. Net sales in 4Q were $230.4 million, compared with $184.6 million during the same period in 2022. Year-end net sales increased 18.4% to $937.8 million, compared to […]
TriMas 4Q, Annual Sales Increase
Bloomfield Hills, Michigan-based manufacturer TriMas (NASDAQ: TRS) says its 2021 fourth-quarter sales increased 11.1%, while overall annual sales increased 11.3%. TriMas reported 4Q net sales of $209.0 million, compared to $188.2 million in 2020’s 4Q. The company said the increases sales were a result of “organic growth, including the impacts of customers’ stocking orders in […]
Global Industrial Outlines 2022 Strategy Focus
Global Industrial has been on a repositioning journey over the past five-plus years. It divested international technology distribution operations to focus on its North American industrial business, rebranded under the Global Industrial name, and has driven a hybrid sales model of direct sales supported by a digital and multi-platform marketing platform. So it was good […]
Bunzl Yearly Revenues Grow
Bunzl plc, a specialist international distribution and services group, says 2021 revenues were 7.1% higher than in 2020 at constant exchange rates. The company said recovery in the base business and acquisitions was “more than offsetting expected declines in Covid-19 related sales,” while revenue at constant exchange rates was 17.1% higher than in 2019. Adjusted […]
Lawson 4Q Sales Rise 4%
MRO distributor Lawson Products, Inc. (NASDAQ: LAWS) reported 2021 fourth-quarter net sales of $102.1 million, a 4% increase over the same period in 2020. Average daily net sales in 4Q improved 5.7% to $1.701 million, compared to $1.609 million in the prior year quarter on one less selling day. For the full year, ADS increased […]
Owens & Minor: Gains in 4Q, Annual Revenue
Richmond, Virginia-based global health care solutions company Owens & Minor (NYSE: OMI) reported 2021 fourth-quarter revenue of $2.46 billion and total year-end revenue of $9.78 billion, both increases over 2020. “I’m extremely proud of our strong finish to a record year and even more excited about our future. We delivered on our commitments to all […]
Home Depot: 4Q Sales Up 10.7%
The Home Depot Inc. (NYSE: HD), based in Atlanta, Georgia, reported 2021 fourth-quarter sales of $35.7 billion, an increase of 10.7% over the same period in 2020. Net earnings for 4Q were $3.4 billion, or $3.21 per diluted share, compared with net earnings of $2.9 billion, or $2.65 per diluted share, in the same period […]
Barnes Group 4Q Sales Rise 8%
Barnes Group Inc. (NYSE: B) — a Bristol, Connecticut-based international industrial and aerospace manufacturer and service provider — reported 2021 fourth-quarter sales of $311 million, up 8% from the same period a year before. For 4Q, Barnes also reported an adjusted EPS of $0.55, up 53% versus the prior-year period. Operating income was $35.4 million […]
GPC 2021 Sales Top $18B
Genuine Parts Company (NYSE: GPC) reported 2021 year-end sales of $18.9 billion and fourth-quarter sales of $4.8 billion. The year-end figure was 14.1% above 2020 totals, while the fourth-quarter sales figure was a 13% increase over the same quarter a year before. Net income in the fourth quarter from continuing operations was $256 million, or […]
US Foods 4Q Sales Jump 24.5%
Rosemont, Illinois-based distributor US Foods Holding Corp. (NYSE: USFD) reported 2021 fourth quarter sales of $7.6 billion, a 24.5% increase over the same quarter in 2020. US Foods also reported 2021 year-end sales of $29.5 billion, a 28.8% increase over the previous year. For 4Q, gross profit increased 23.2% to $1.2 billion, while net income […]
Pool Corp. 4Q Sales Reach $1B
Covington, Louisiana-based Pool Corp. (Nasdaq/GSM:POOL) reported 2021 fourth-quarter sales of $1 billion, while year-end sales reached $5.3 billion. Both the 4Q and year-end sales totals were company records. The annual net sales total was 35% higher than in 2020, the company said. Pool Corp. also reported operating income of $832.8 million, up 79% from 2020, […]
WESCO Reports ‘Record’ 4Q Sales
WESCO International Inc. (NYSE: WCC), Pittsburgh, Pennsylvania, reported “record” fourth-quarter sales to close out 2021. The company had $4.9 billion in sales during the quarter, a 17.5% increase over the same period in 2020. The company also reported 4Q operating profit of $220.3 million, as well as record net income attributable to common stockholders of […]
Eaton Reports Quarterly, Annual Gains
Power management company Eaton Corporation plc (NYSE: ETN) of Dublin, Ireland, said sales in the fourth quarter of 2021 were $4.8 billion, up 2% from the fourth quarter of 2020. The sales increase consisted of 6% growth in organic sales and 7% growth from acquisitions, which was partially offset by 10% from the divestiture of […]
Amazon Yearly Sales Jump 22%
Amazon (NASDAQ: AMZN) reported 2021 fourth-quarter net sales increased 9% to $137.4 billion, compared with $125.6 billion in the same quarter in 2020. Operating income in 2021 4Q decreased to $3.5 billion, compared with $6.9 billion in fourth quarter 2020. Net income increased to $14.3 billion in the fourth quarter, or $27.75 per diluted share, […]
