Goodfellow Reports Its Results for the Third Quarter Ended August 31, 2025

Core Insights - Goodfellow Inc. reported a decline in net earnings for the third quarter of 2025, with net earnings of $3.7 million or $0.45 per share, down from $5.8 million or $0.68 per share in the same period last year [1][7]. - Consolidated sales increased slightly to $142 million compared to $140 million a year ago [1][6]. Financial Performance - For the nine months ended August 31, 2025, net earnings were $3.9 million or $0.47 per share, a significant decrease from $11 million or $1.29 per share in the previous year [2][7]. - Consolidated sales for the nine-month period rose to $406 million from $385 million year-over-year [2][6]. Strategic Focus - The company emphasized disciplined cost management, margin protection, and targeted growth in value-added products and specialty markets to navigate varying economic conditions [3]. Dividend Declaration - The Board of Directors declared a dividend of $0.35 per share, payable on November 11, 2025, to shareholders of record as of October 28, 2025 [4]. Company Overview - Goodfellow Inc. is a diversified manufacturer of value-added lumber products and a wholesale distributor of building materials and floor coverings, serving both commercial and residential sectors across Canada and the Northeastern U.S. [5].