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 […]
Category: Huttig Building Products
Huttig Sales Increase 15.3%
Because of an increase in residential construction activity compared to the third quarter of last year, 2021 3Q sales for building materials distributor Huttig Building Products (NASDAQ: HBP) were $245.3 million, a 15.3% jump over 2020. Huttig’s net income for the third quarter of 2021 was $18.7 million, a substantial increase over the reported $6.1 […]
Huttig Building Products Looking to Increase Shareholder Value
St. Louis-based Huttig Building Products, Inc. (NASDAQ: HBP), a domestic distributor of millwork, building materials and wood products, announced that its board of directors — consistent with its strategic review process and in consultation with its financial and legal advisors — is evaluating potential strategic alternatives to maximize shareholder value. Huttig said it has not […]
