Lowe's saw improvements in sales despite a slow storm season, but experienced a decline in net earnings and is monitoring macroeconomic issues as it heads into Q4.
Challenging market conditions, lower residential demand and a quiet storm season resulted in net sales decreases for Owens Corning in the third quarter, though roofing net sales were up 2% compared to Q3 2024.
The CEO of Kentucky-based Lexington Blue admitted he didn't know how to install roofs, and claimed ignorance of the company's financials and record-keeping during federal bankruptcy court proceedings.
QXO's early third-quarter figures show it producing net sales of $2.73 billion, though it is dealing with a net loss of $139 million caused by its acquisition of Beacon Building Products.
Finance expert Thea Dudley explains the ins and outs of credit card surcharging, common mistakes contractors make, and how to communicate the changes without alienating customers.