Financial

HBSDealer Stock Watch

Here are the latest updates from Wall Street for hardware and building supply stocks.
Construction input prices continue to rise

Softwood lumber prices ascended 6.8% over the previous month and are up 83.4% from March 2020.

Strong demand pushes WD-40 sales ahead in Q2

Sales of maintenance products increased 13% in the second quarter.
HBSDealer Stock Watch

Live updates from Wall Street on hardware and building supply stocks.
BlueLinx pays off term loan

The $16 million payment was funded through the distributor’s revolving credit facility.
Lowe’s offering $2 billion in notes

Net proceeds from the notes will be used for general corporate purposes.
What’s in Biden's American Jobs Plan?

The package looks to overhaul the country’s infrastructure, including bridges and roads.
New home sales sink in February

The NAHB points to rising interest rates, supply shortages, and high lumber prices for the decline.
IBP acquires Intermountain

The Washington-based insulation installation provider operates six locations.
Builders FirstSource turns in banner Q4

Core organic sales at Builders FirstSource rose 15% for the period, excluding acquisitions and commodity impacts.
BlueLinx swings to a profit as sales surge

The distributor’s net income jumps by $30 million in the fourth quarter.
Quikrete Industry Dashboard

Massive annual gains on the Stock Roundup.
After several cuts, Senate approves American Rescue Plan Act

The $1.9 trillion COVID-19 relief bill heads back to the House for a final vote.
Hiring picks up by 379,000 jobs in February

Construction employment remains 308,000 jobs below its level from the prior year.