Mike Hockett and Craig Webb break down the key details of the combination, why it makes sense for Home Depot and why this was likely the long-term play for SRS all along.
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Mike Hockett analyzes different angles of this $18.25 billion megadeal in building materials distribution and the questions it raises for the markets it touches.
The distributor has added United Roofing Supply Katy, TX and All Canadian Building Products in Surrey, BC.
Building Products distributor Cameron Ashley has added 28 greenfield locations and five acquisitions in the past 5 years.
SBD's Tools & Outdoor segment drove the overall margin improvement, as Industrial dipped slightly.
The value of 2023 total construction was up 7.0% from 2022.
Fourth quarter sales, profits and margins all edged up from a year earlier, and December daily sales topped November's. Get our in-depth breakdown here.
November spending was 0.4% above October's figure, which was revised considerably higher.
Mike Hockett extracts commentary from a panel discussion between STAFDA distributors, manufacturers and rep agents.
The construction industry data firm’s data showed that nonresidential starts led the decline, sinking 29% from October.
A jump in single-family homebuilding comes as 30-year mortage rates have fallen to their lowest mark since late October.
Mike Hockett extracts eCommerce commentary from a panel discussion between STAFDA distributors, manufacturers and rep agents.
3Q23's uneven growth continued in October, and USCTI's President expects that narrative to continue through 2024's first half.
Peak is a fellow manufacturer and servicer of diamond and carbide precision cutting tools in Northern Illinois.
It followed a much bigger 1.2% decrease in October.
Year-over-year daily sales growth doubled that of October, but the company's November-December sales figures are known to be volatile.
It adds branches in Dallas and Houston to NEFCO’s 37 locations nationwide.
Spending was up 10.7% year-over-year, with nonresidential constuction up 20% from a year earlier.
Andrew Hartman leads the association’s 2023-2024 officers as STAFDA’s new president.
Backlog decreased on a monthly basis for all categories of company size except for those with more than $100M in annual revenue.
