Housing starts were down 22.3% from the prior-year period.
Distribution Industry News
Manufacturing output increased by 1%.
Ten of 18 industries report projected revenue increases.
Dakota Supply Group continues to expand reach in Midwest.
Decline driven by lumber deflation and unfavorable weather.
The distributor serves Georgia and Alabama.
Year-to-date orders are up 18.1% from a year ago.
Adams expands SiteOne’s footprint in Texas.
All segments experienced increases during the quarter.
Service Center revenue was up about 35% for the quarter.
Increase is a rebound from March.
All end-market segments were up from last year at the same time.
Green Streets serves New England and Boston metro area.
NetPlus purchases are up more than 25% so far in 2023.
Tri-Boro has two locations in Pennsylvania.
Profit for the distributor was $197.2 million.
Frame Service is based in Indiana.
Acquisitions expand reach in Florida and along the East Coast.
Platform experienced organic growth of 13.7%.
Complementary product sales were up significantly.
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Housing starts were down 22.3% from the prior-year period.
Manufacturing output increased by 1%.
Ten of 18 industries report projected revenue increases.
Dakota Supply Group continues to expand reach in Midwest.
Decline driven by lumber deflation and unfavorable weather.
The distributor serves Georgia and Alabama.
Year-to-date orders are up 18.1% from a year ago.
Adams expands SiteOne’s footprint in Texas.
All segments experienced increases during the quarter.
Service Center revenue was up about 35% for the quarter.
Increase is a rebound from March.
All end-market segments were up from last year at the same time.
Green Streets serves New England and Boston metro area.
NetPlus purchases are up more than 25% so far in 2023.
Tri-Boro has two locations in Pennsylvania.
Profit for the distributor was $197.2 million.
Frame Service is based in Indiana.
Acquisitions expand reach in Florida and along the East Coast.
Platform experienced organic growth of 13.7%.
Complementary product sales were up significantly.
Housing starts were down 22.3% from the prior-year period.
Manufacturing output increased by 1%.
Ten of 18 industries report projected revenue increases.
Dakota Supply Group continues to expand reach in Midwest.
Decline driven by lumber deflation and unfavorable weather.
The distributor serves Georgia and Alabama.
Year-to-date orders are up 18.1% from a year ago.
Adams expands SiteOne’s footprint in Texas.
All segments experienced increases during the quarter.
Service Center revenue was up about 35% for the quarter.
Increase is a rebound from March.
All end-market segments were up from last year at the same time.
Green Streets serves New England and Boston metro area.
NetPlus purchases are up more than 25% so far in 2023.
Tri-Boro has two locations in Pennsylvania.
Profit for the distributor was $197.2 million.
Frame Service is based in Indiana.
Acquisitions expand reach in Florida and along the East Coast.
Platform experienced organic growth of 13.7%.
Complementary product sales were up significantly.