BURNABY, B.C. — Sales for building supplies wholesaler Taiga Building Products Ltd. climbed a healthy 11% in the company’s second quarter, reaching $383.6 million compared to $344.9 million in the same period last year. The increase was mainly the result of higher lumber prices and increased sales from the company’s California operations. Earnings for the quarter increased to $5.7 million from $4.0 million. Year-to-date sales were also up 11%, going from $680.7 million to $758.3 million. Net earnings for the six month period doubled, reaching $11.2 million over $5.5 million.
Taiga’s Q2 sales jump 11%
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024