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The news as of 5/19/2012

Orchard Supply Preliminary Q1 Results Show Decline
 First quarter fiscal 2012 net sales were $155.0 million compared to $163.8 million for the prior year period. Comparable store sales for the period decreased by 3.1%.   Read More ...

Builders FirstSource Opening DC in Clarksville TN
The new facility, scheduled to open in early June, is located approximately 40 miles northwest of Nashville and will become the primary distribution point for this fast-growing market, according to a press release.   Read More ...

Sears Holdings Reports Revenue Drop, Income Improves
Sears Holdings Corp. today reported revenues decreased $270 million to $9.3 billion for the quarter ended April 28, 2012 from $9.5 billion a year ago.   Read More ...

Wal-Mart Q1 Sales +8.6%
Net sales for the first quarter of fiscal 2013 were $112.3 billion, an increase of 8.6 percent from $103.4 billion in the first quarter last year.   Read More ...

U.S. Home Systems Revenues +8%
U.S. Home Systems has reported $42.2 million in revenue, the highest first quarter revenue in USHS history, exceeding guidance of $40.5 million and up 8.3% compared to $39.0 million in the first quarter last year.   Read More ...

Housing Starts Rise
Privately-owned housing starts in April were at a seasonally adjusted annual rate of 717,000. This is 2.6 percent above the revised March estimate of 699,000 and is 29.9 percent above the revised April 2011 rate of 552,000.   Read More ...

Valspar Q2 Sales +4% to $1.03B
The Valspar Corporation has reported second-quarter sales totaled $1.03 billion, a 4 percent increase from the second quarter of 2011.   Read More ...

 

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