top of page
(June web) AD-Grow-Faster-970x90-Q2

Oct 19, 2022

Strong Demand Impacts Goodfellow Sales

Goodfellow Inc. had net earnings of $10.6 million for the third quarter of 2022, up from net earnings of $10 million in the third quarter of 2021. Consolidated sales for the quarter were $167.6 million compared to $168 million in the prior-year period. The company says third quarter results were characteristic for this period where seasonal demand is historically strong, which was unexpected given current inflationary pressures. Attention paid to overhead expenses helped maintain margin levels as cost of goods increased.

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