Tampa Bay-based Masonite International Corporation (NYSE: DOOR), a manufacturer and distributor of interior and exterior doors, reported 2021 third-quarter net sales of $652 million, an 11% increase over the same period a year ago. The increase in net sales was the result of an 8% increase in average unit price, a 2% increase in base […]
Category: 3Q
Olympic Steel Has Record 3Q
Third-quarter net income for Cleveland-based Olympic Steel, Inc. (Nasdaq: ZEUS) increased to $44.5 million this year, compared with a net loss of $1.5 million, in the third quarter of 2020. Net income represented $3.87 per diluted share, compared $0.13 per diluted share during the same period a year ago. The company reported sales of $668 […]
SiteOne Sales Up 25%
SiteOne Landscape Supply Inc. (NYSE: SITE), Roswell, Georgia, had 2021 third-quarter sales of $936.4 million, a 25% increase over the same period last year. The company’s 3Q net income also increased year-over-year, by 66% to $80 million. SiteOne reported gross profit of $340.5 million for 3Q, a 36% jump over last year. “Our excellent momentum […]
Grainger Sales Jump 11.7%
Grainger (NYSE: GWW), Chicago, reported 2021 third-quarter sales of $3.4 billion, up 11.7%, compared to the third quarter of last year. Grainger’s 2021 3Q operating earnings were $438 million, up 17.4% versus 2020 and resulting in EPS of $5.65, growth of 25% versus the third quarter of 2020. The company returned $327 million to shareholders […]
AGCO Sales Increase 9.1%
Farm equipment manufacturer and distributor AGCO (NYSE: AGCO) from Duluth, Georgia, reported third-quarter sales of approximately $2.7 billion, a 9.1% increase over the same period in 2020. Net sales for the first nine months of 2021 were approximately $8 billion, a 24% increase compared to the same period in 2020. For the first three quarters […]
Pentair Sales Increase 21%
London-based Pentair plc (NYSE: PNR) reported third-quarter 2021 sales of $969 million, a 21% increase over the same period a year ago. The company’s 3Q profit was $167 million, an increase of 31% compared to the third quarter of 2020. Consumer solutions sales were up 30% compared to sales for the same period last year. […]
Graybar Reports Record 3Q
St. Louis-based electrical, communications and data networking distributor Graybar this week reported its highest quarterly net sales in company history. Graybar’s 3Q net sales totaled $2.31 billion, a 23.2% increase compared to the same period last year. The company’s profit for the quarter was $74.3 million, up 115.4% from the same period in 2020. For […]
Snap-on 3Q Sales Rise 10.2%
Snap-on Inc. (NYSE: SNA), Kenosha, Wisconsin, reported third-quarter net sales of $1.037 billion, a 10.2% increase over the same period in 2020. Net sales also were up 15% over the third quarter of 2019. Net earnings in 3Q 2021 were $196.2 million, or $3.57 per diluted share, compared to third-quarter 2020 net earnings of $179.7 […]