top of page
AD canada - AD-digital970x90-HIR-08

Feb 28, 2023

Goodfellow Sales Decrease

Goodfellow Inc. had net earnings of $4.4 million for the fourth quarter of 2022, a loss of 56.4 per cent compared to net earnings of $10.1 million from the prior-year period. Consolidated sales were $149.3 million, an increase of 4.3 per cent versus $143 million from the year-ago period. Gross margin for the fourth quarter was 19.4 per cent compared to 23 per cent last year. Product distribution for the quarter was lumber at 55 per cent; flooring at 19 per cent; specialty and commodity panels at 18 per cent; and building materials at eight per cent.

Sign up for our Daily News Alerts to receive relevant industry news, articles, and previews for our next issue of Home Improvement Retailing. Delivered directly to your inbox. Subscribe here.

bottom of page