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Tree Island Announces Meeting Results for Election of Directors
Globenewswire· 2025-06-26 20:00
Core Points - Tree Island Steel Ltd. announced that all matters at its 2025 Annual General Meeting of Shareholders received requisite shareholder approval [1] - The company elected all six director nominees proposed by management, with a total of 17,117,784 shares represented, accounting for approximately 65.85% of outstanding shares [2] Board of Directors - The voting results for the director elections showed high approval rates for all nominees, with Sam Fleiser receiving 99.86% votes in favor, while other nominees received between 96.18% and 96.32% [2] - The detailed voting results for each nominee are as follows: - Amar S. Doman: 16,397,252 votes for (96.18%), 651,793 votes against (3.82%) [2] - Peter Bull: 16,421,214 votes for (96.32%), 627,831 votes against (3.68%) [2] - Sam Fleiser: 17,025,005 votes for (99.86%), 24,040 votes against (0.14%) [2] - Joe Downes: 16,421,214 votes for (96.32%), 627,831 votes against (3.68%) [2] Company Overview - Tree Island Steel, headquartered in Richmond, British Columbia, has been operational since 1964 and produces a variety of wire products for industrial, residential, commercial, and agricultural applications [3] - The company's product offerings include galvanized wire, bright wire, fasteners, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products, marketed under various brand names [3]
Doman Building Materials Group Ltd. Announces Quarterly Dividend
Globenewswire· 2025-06-13 12:00
Company Overview - Doman Building Materials Group Ltd. is a fully integrated national distributor in the building materials sector in Canada, founded in 1989 and headquartered in Vancouver, British Columbia [2] - The company trades on the Toronto Stock Exchange under the symbol DBM and operates multiple treating plants, planing and specialty facilities, and distribution centers across Canada and the United States [2][3] Recent Developments - The board of directors has declared a dividend of $0.14 per share, marking the 61st consecutive quarter of dividend payments, scheduled to be paid on July 15, 2025, to shareholders of record on June 30, 2025 [1] Operational Footprint - Doman operates distribution centers coast-to-coast in Canada and has multiple treating plants in the U.S., including 21 treating plants and five specialty sawmills across nine states [3] - The company also manages private timberlands and forest licenses, along with agricultural post-peeling and pressure treating through its Doman Timber operations [3]
Jewett-Cameron to Participate in the Lytham Partners Spring 2025 Investor Conference on May 29, 2025
Globenewswire· 2025-05-27 20:15
NORTH PLAINS, Ore., May 27, 2025 (GLOBE NEWSWIRE) -- Jewett-Cameron Trading Company Ltd. (“Jewett-Cameron”) (Nasdaq: JCTC), a company committed to innovative products that enrich outdoor spaces, today announced that it will participate in a webcast presentation and host one-on-one meetings with investors at the Lytham Partners Spring 2025 Investor Conference, taking place virtually on Thursday, May 29, 2025. Company Webcast The webcast presentation will take place at 12:30 p.m. ET on Thursday, May 29, 2025. ...
Tree Island Steel Announces First Quarter 2025 Results
Globenewswire· 2025-05-09 21:00
Core Viewpoint - Tree Island Steel reported a decline in revenues and profits for the first quarter of 2025, primarily due to reduced sales volumes and operational adjustments in response to market conditions [2][3]. Financial Performance - Revenues for the three months ended March 31, 2025, decreased by $6.4 million to $50.2 million from $56.6 million in the same period in 2024 [2]. - Gross profit fell to $3.9 million from $4.8 million year-over-year, attributed to lower sales and production volumes despite higher average selling prices [2]. - Adjusted EBITDA decreased to $2.0 million from $3.1 million in the same period in 2024 [2][5]. - Net income for the first quarter was $2, down from $625 in the same period in 2024, with net income per share remaining at $0.00 compared to $0.02 previously [4]. Operational Adjustments - The company reduced its workforce by 9% to manage operational costs in light of changing demand [2]. - The COO indicated that the company is rebalancing production and exploring new market opportunities to leverage operational capabilities [3]. Market Conditions - The decline in sales was primarily driven by lower demand from U.S. customers in the residential segment and the company's decision to withdraw from unprofitable product lines [2]. - A pullback in demand was noted due to U.S. tariffs on certain steel products made in Canada, impacting sales volumes [2]. Company Overview - Tree Island Steel, established in 1964, produces a variety of wire products for industrial, residential, commercial, and agricultural applications, with operations in Canada and the U.S. [6].
Trex (TREX) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 22:31
Trex (TREX) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.45%. A quarter ago, it was expected that this maker of fencing and decking products would post earnings of $0.05 per share when it actually produced earnings of $0.09, delivering a surprise of 80%.Over the last four quarter ...
Louisiana-Pacific (LPX) Q1 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-06 12:10
Louisiana-Pacific (LPX) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.39%. A quarter ago, it was expected that this home construction supplier would post earnings of $0.79 per share when it actually produced earnings of $1.03, delivering a surprise of 30.38%.Over the last four qu ...
Boise Cascade (BCC) Lags Q1 Earnings Estimates
ZACKS· 2025-05-05 23:15
分组1 - Boise Cascade reported quarterly earnings of $1.06 per share, missing the Zacks Consensus Estimate of $1.36 per share, and down from $2.61 per share a year ago, representing an earnings surprise of -22.06% [1] - The company posted revenues of $1.54 billion for the quarter, surpassing the Zacks Consensus Estimate by 5.67%, but down from $1.65 billion year-over-year [2] - Over the last four quarters, Boise Cascade has surpassed consensus revenue estimates four times, but has only exceeded EPS estimates once [2] 分组2 - The stock has underperformed, losing about 19.1% since the beginning of the year, compared to the S&P 500's decline of -3.3% [3] - The current consensus EPS estimate for the coming quarter is $2.29 on revenues of $1.81 billion, and for the current fiscal year, it is $7.97 on revenues of $6.54 billion [7] - The Zacks Industry Rank for Building Products - Wood is currently in the bottom 24% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]
Tree Island Steel to Issue First Quarter 2025 Financial Results on May 9, 2025
Globenewswire· 2025-05-01 20:00
Company Overview - Tree Island Steel Ltd. is headquartered in Richmond, British Columbia, and has been operational since 1964 [2] - The company produces wire products for various applications including industrial, residential construction, commercial construction, and agricultural uses [2] - Product offerings include galvanized wire, bright wire, fasteners (packaged, collated, and bulk nails), stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products [2] - The company markets its products under several brand names including Tree Island®, Halsteel®, K-Lath®, TI Wire®, Tough Strand®, and ToughPanel™ [2] Financial Reporting - Tree Island Steel will report its first quarter 2025 financial results for the period ended March 31, 2025, after market hours on May 9, 2025 [1]
Jewett-Cameron Expands Operational Efficiency Efforts
Globenewswire· 2025-04-23 20:05
NORTH PLAINS, Ore., April 23, 2025 (GLOBE NEWSWIRE) -- Jewett-Cameron Trading Company Ltd. (Nasdaq: JCTC), a company committed to innovative products that enrich outdoor spaces, today announced continued progress in its operational efficiency efforts through a combination of organizational changes, process improvement initiatives, and global sourcing expansion. Management has acted decisively to reduce its staffing, integrate automation tools where possible, and further advance its multi-sourcing strategy t ...
Jewett-Cameron to Report Fiscal 2025 Second Quarter Operational and Financial Results on April 14, 2025
Globenewswire· 2025-04-07 20:30
Core Viewpoint - Jewett-Cameron Trading Company Ltd. will report its operational and financial results for the fiscal 2025 second quarter on April 14, 2025, after market close, followed by a conference call and webcast [1] Group 1: Conference Call Details - The conference call is scheduled for April 14, 2025, at 4:30 p.m. Eastern time [2] - Interested parties can join the call by dialing (844) 836-8745 for U.S. callers or +1 (412) 317-6797 for international callers [2] - The webcast will be available live and archived on the company's website [2] Group 2: Company Overview - Jewett-Cameron operates out of North Plains, Oregon, focusing on manufacturing and distributing specialty metal and sustainable bag products, as well as wholesale distribution of wood products [4] - The company's brands include Lucky Dog for pet products, Jewett Cameron Fence for fencing solutions, MyEcoWorld for sustainable bags, and various brands for greenhouse products [4]