Builders FirstSource released its financial results for the fourth quarter of 2025, reporting net sales of $3.4 billion, down a significant 12.1% from Q4 2024. The decrease reflects lower core organic net sales and commodity deflation, partially offset by growth …
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QXO Lays Out Growth Plan After $2.25 Billion Kodiak Acquisition
Following its $2.25 billion agreement to acquire Kodiak Building Partners, QXO is outlining how the deal fits into its push to reach $50 billion in building products distribution by 2030. Joe Checkler, senior vice president of communications for QXO, says …
Read More »Lowe’s Partners with Affirm to Offer Flexible Payment Options for Customers
Lowe’s recently announced a new partnership with Affirm, allowing Lowe’s customers to have more flexibility while paying for products. Through the partnership, Affirm will offer Lowe’s customers payment plans online and on the Lowe’s mobile app. Lowe’s will also be …
Read More »Koelnmesse Italy and Collins Unite to Create Single International Hardware Event
Koelnmesse Italy and Buyer Point, the Italian Event of Brico Home & Garden, are joining forces this year to create one event for the international hardware market. Buyer Point will take place in Milan on May 27, 2026, following the …
Read More »Canadian Industries Limited Reveals New Logo and Mission, Marking a Strategic Return to Canadian Roots
Canadian Industries Limited (CIL) recently announced the company’s new logo and renewed mission, revealing a new chapter for the company. “Today we unveil more than a new CIL logo and mission,” says Tim Fisher, CIL co-president of retail. “We are …
Read More »Lowe’s Cuts 600 Corporate and Support Jobs
Lowe’s recently cut approximately 600 jobs from both corporate and support roles, citing a shift in focus to in-store employees. “This step helps better align our resources to support our stores and the associates who serve customers every day,” says …
Read More »Inflation Eases in January
Inflation dropped in January to the lowest level in eight months, according to an analysis from the National Association of Home Builders’ Eye on Housing. The Consumer Price Index (CPI) components have resolved distortions from the government shutdown last October, …
Read More »Multifamily Housing Confidence Dips in Q4 2025
Confidence in the market for new multifamily housing decreased year over year in Q4 2025, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The Multifamily Production Index (MPI), one of the two …
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