Lumber giant Weyerhaeuser (NYSE: WY) fourth quarter earnings rose 31% to $166 million on revenues of $1.8 billion. For the year, net income more than tripled to $1.8 billion. China's demand slackened, the company says.
Weyerhaeuser Company (NYSE: WY) today reported fourth quarter net earnings of $166 million. For the full year 2014, Weyerhaeuser reported net earnings of $1.8 billion, up from $540 million last year. 31 percent increase in fourth quarter earnings.
Furniture manufacturer Steelcase Inc. reports third quarter revenues grew 1.9 percent to $800 million, though delays in ship dates for Americas orders hurt sales. Closet of a plant in France led to a $27 million charge.
Kimball Intl., Inc. today reported net sales of $295.1 million and net income of $4.2 million, or $0.11 per Class B diluted share, for the second quarter of fiscal year 2013, which ended Dec. 31, 2012.