Doman Building Materials (formerly CanWel) reported Q4 net earnings of $4.3 million, down from $11.6 million a year earlier. Revenues for the quarter declined to $572.9 million from $641.6 million in the comparable period of 2021, with construction materials accounting for 72 percent of sales. For the full fiscal year, net earnings came to $78.7 million, down from $106.5 million in 2021. Revenues of $3 billion were up 19.5 percent when compared to $2.5 billion the previous year.
Doman earnings fall on higher sales in 2022
Most Recent
Most Read
GMS acquires Florida distributor
Fri, August 30th, 2024
Loblaw pilots sitting cashiers
Fri, August 30th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, August 30th, 2024
Home Hardware dealer garners NHPA's Young Retailer Award
Thu, August 29th, 2024
GMS posts Q1 results
Thu, August 29th, 2024
NHPA conference presents strategies for weathering bad times
Thu, August 29th, 2024
More Canadians say they’re bagging their own groceries
Thu, August 29th, 2024
RONA Foundation launches campaign
Thu, August 29th, 2024
Throwback Thursday: 10 years ago, Orgill show in Chicago reflected hardlines "turbulence" in Canada
Thu, August 29th, 2024
Tando Composites names Reese Wholesale as flagship dealer
Wed, August 28th, 2024