Taiga’s Q4 results edge down

Taiga Building Products last week reported Q4 sales of $400.8 million, down slightly from $412.5 million a year earlier. The decline was largely attributed to lower selling prices on commodity products. Earnings for the quarter amounted to $9.7 million compared to $10.3 million in the previous Q4. For the full fiscal year, sales of $2.19 billion were down by one percent from $2.22 billion, while earnings fell to $88.6 million from $92.7 million.