Builder confidence in the market for newly built single-family homes was 32 in August, down one point from July, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Builder sentiment has now been in negative territory for 16 consecutive months and has hovered at a relatively low reading between 32 […]
Coatings provider PPG has released its financial results for the second quarter of 2025, reporting a decrease of 1% in net sales compared to the same period last year. The company reports that the decrease was driven by business divestitures. PPG reported an increase in organic sales of 2% year-over-year, due to higher sales volumes […]
3M recently released its second-quarter 2025 results, reporting sales of $6.3 billion, up 1.4% year-on-year. The company reported organic sales were up 0.6% year-on-year. Adjusted sales for the quarter were $6.2 billion, up 2.3% year-on-year. Organic sales for the quarter were up 1.5% year-on-year. “We delivered strong results in the second quarter, posting positive organic […]
H.B. Fuller Co. recently reported financial results for its second quarter that ended May 31, 2025. The company’s net revenue for the second quarter of fiscal 2025 was $898 million, down 2.1% versus the second quarter of fiscal 2024. Pricing increased net revenue by 0.7%, offset by slightly lower volume, resulting in 0.4% organic revenue […]
Confidence in the market for new multifamily housing declined year-over-year in the first quarter, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 44, down three points year-over-year, while the Multifamily Occupancy Index […]
Huntsman Corp. recently reported first-quarter 2025 results with revenues of $1,410 million, compared to revenue of $1,470 million in the same period of 2024. The company reported net loss attributable to Huntsman of $5 million, up from a net loss of $70 million in the same period last year. For the three months ended March […]
H.B. Fuller recently reported financial results for its first quarter that ended March 1, 2025. The company’s net revenue for the quarter was $789 million, declining 2.7% year-on-year, due to unfavorable foreign currency translation and the divestiture of the flooring business. The company’s organic revenue was up 1.9% year-on-year driven by improved volume. Net income […]
Resilinc, a provider of solutions for supply chain resiliency, recently shared exclusive new data revealing the top drivers of supply chain disruptions for 2024. The data compiled by Resilinc’s EventWatchAI, a 24/7 risk monitoring database, reveals that overall disruptions to global supply chains increased 38% from the previous year. The top five disruptions for […]
Huntsman Corp. recently released it third quarter 2024 results, reporting revenues of $1,540 million, compared to $1,506 in the same quarter of 2023. The company reported a net loss attributable to Huntsman of $33 million, compared to a net loss of 0 in the same period in 2023. Adjusted net income attributable to Huntsman was […]
Avery Dennison Corp. recently announced preliminary, unaudited results for its third quarter ended September 28, 2024. The company reported net sales of $2.2 billion, up 4%, Organic sales change (non-GAAP) was up 4%. Reported earnings per share (EPS) was $2.25, up 32% compared to the same quarter last year. Third-quarter 2024 adjusted EPS (non-GAAP) was […]
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