Surpassing expectations, stock still drops more than 10%, slowly recovering but still down at end of trading on Friday; roofing remains a bright spot in company financials
Owens Corning's Q3 2023 report showed mixed results, with net sales matching last year at $2.5 billion and earnings surpassing estimates, but sales declining over 1.5%; roofing remains a bright spot.
The North American industry trade associations' amalgamated Quarterly Market Index Survey for Reroofing in Q3 2023 showed improved prospects compared to the same period a year earlier, with eight out of 10 respondents identifying as roofing contractors.
Phillips Home Improvements, based in Allen, Texas, has been honored with a 2023 Torch Award for Ethics from the Better Business Bureau of North Central Texas
Gulfstream Roofing of Delray Beach is the big winner in 2023 from the Construction Association of South Florida, winning Craftsmanship Awards in all three of the group’s roofing categories; a ceremony will take place in November.
Cornerstone Building Brands celebrates ‘National Manufacturing Day’ all this month across its North American facilities, highlighting its commitment to its 20,000 team members.
84 Lumber is leveraging October’s annual ‘Careers in Construction Month’ campaign to recruit potential employees to fill thousands of unfilled positions within the construction industry, including in roofing and other skilled trades.
The Davis Memorial Foundation, the philanthropic arm of the Western States Roofing Contractors Association, honored its 2023 awardees during the 2023 Western States Roofing Expo in Las Vegas.
Huntsman Building Solutions will exhibit resilient and energy-efficient spray foam roofing and coatings solutions at the Western Roofing Expo on Sept. 23-25.