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Category: annual earnings

Descartes Annual Revenues Rise 22%

Descartes Annual Revenues Rise 22%

Descartes Systems Group Inc., (TSX:DSG) (Nasdaq:DSGX) of Waterloo, Ontario, says fiscal-year 2022 revenues reached $427 million, a 22% increase from FY 2021. The company’s FY 2022 ended January 31. Descartes reported FY 2022 income from operations of $103.4 million, up 45% from $71.4 million the previous year. Net income was $86.3 million, up 66% from […]

Owens & Minor: Gains in 4Q, Annual Revenue

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 […]

Lowe’s 4Q Sales Top $21B

Lowe’s 4Q Sales Top $21B

Lowe’s Companies, Inc. (NYSE: LOW) of Mooresville, North Carolina, reported 2021 fourth-quarter total sales of $21.3 billion, roughly $1 billion more than 4Q of 2020. The company also reported 4Q net earnings of $1.2 billion and diluted earnings per share of $1.78 for the quarter ended January 28, 2022, compared to net earnings of $978 […]

After 4Q Report, Pentair Announces Dividend

After 4Q Report, Pentair Announces Dividend

London-based Pentair plc (NYSE: PNR) announced it will pay a regular quarterly cash dividend of $0.21 per share on May 6 to shareholders of record at the close of business on April 22. This year will mark the 46th consecutive year Pentair has increased its dividend, the company said. Earlier this month, Pentair announced its […]

Masonite Annual Sales Reach $2.6B

Masonite Annual Sales Reach $2.6B

Tampa Bay-based Masonite International Corporation (NYSE: DOOR), a manufacturer and distributor of interior and exterior doors, reported full-year 2021 net sales of approximately $2.6 billion, a 15% increase over 2020. The company also reported 2021 fourth-quarter sales of $636 million, a 2.8% increase over the same period the year before. For all of 2021, net […]

Pool Corp. 4Q Sales Reach $1B

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, […]

Ace Hardware Yearly Revenue Up 10.7%

Ace Hardware Yearly Revenue Up 10.7%

Oak Brook, Illinois-based Ace Hardware Corporation reported “record” 2021 fourth-quarter revenues of $2.1 billion — an increase of 0.7% over the same quarter a year ago — while total year-end revenues topped $8.6 billion. The year-end revenues were 10.7% above 2020. Full-year 2021 net income reached $330 million, an increase of 4.1% on top of […]

Global Industrial: Sales Up Overall Despite Down 4Q

Global Industrial: Sales Up Overall Despite Down 4Q

Global Industrial Company (NYSE:GIC) of Port Washington, New York, reported consolidated sales in the fourth quarter of 2021 decreased 4.3% to $262 million compared to 2020, but overall annual sales increased 3.3% to $1.06 billion. The 4Q of 2021 had 61 selling days, five fewer days than the same quarter in 2020. Sales increased 3.5% […]

Grainger ’21 Sales Reach $13B

Grainger ’21 Sales Reach $13B

Chicago-based industrial distributor Grainger (NYSE: GWW) reported 2021 fourth-quarter sales of $3.4 billion, a 14.2% jump over the same period a year before. For the full year, Grainger reported sales of $13 billion, up 12.4% on an organic, daily, constant currency basis compared to the prior year. Customer demand continued to be very strong to […]