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primek
1 month ago
On August 6, James Hardie Industries (NYSE:JHX) reported results for the quarter ended June 30 and beat its own numbers by enough to raise guidance just three months into the fiscal year. Net sales jumped 64% year over year to $1.475 billion, adjusted EBITDA climbed 79% to $422.1 million, and both figures came in ahead of what management had originally guided investors to expect. For a company that closed a transformative acquisition less than a year earlier, that kind of overshoot forces a reassessment of the growth story ahead.
The headline growth number is inflated by the AZEK Exteriors deal folded into the base, so the more telling figure is the 12% pro forma net sales growth, which also beat original guidance. Siding & Trim, the core fiber cement business, posted organic net sales growth of 20% as North American fiber cement volumes returned to growth for the first time in several quarters. CEO Aaron Erter tied that to share gains against vinyl and other competing materials, along with programs like ColorPlus and Expanded Statement drawing more of the higher-end repair and remodel market. Adjusted EBITDA margin in that segment expanded 140 basis points to 33.5%, powered by favorable pricing, cheaper raw materials, and continued savings from the company's Hardie Manufacturing Operating System even as freight costs rose.
Management also said cost synergies from the AZEK integration are running ahead of schedule and revenue synergies are on track, evidenced by newly expanded nationwide distribution partnerships with Boise Cascade and other regional distributors. In Deck, Rail & Accessories, sell-through accelerated every month of the quarter and outpaced shipments, pulling channel inventory back to normal levels and setting up a cleaner back half of the year. Free cash flow more than doubled to $254.2 million, and the company used the cash to pay down $400 million of senior unsecured notes.
Erter was careful to frame the beat as execution rather than a healthier market, telling investors the company is "not ***** uming a housing market improvement" for the rest of fiscal 2027. Part of the quarter's strength came from an easy comparison, since channel inventory was deliberately reduced a year earlier, and management said that benefit is expected to moderate as the year goes on. Deck, Rail & Accessories net sales actually fell 5% on a pro forma basis because the company intentionally cut production to work down channel inventory, leaving the segment with an operating loss of $3.3 million for the quarter.

#Growth #sales #management
06prismlynx
2 months ago
The NYSE had 52 stocks hitting new 52-week highs on Tuesday and 99 hitting new 52-week lows. Among the stocks hitting new 52-week highs was James Hardie Industries (JHX).
JHX hit its 29th new 52-week low of the past 12 months yesterday at $31.43. Its shares are up 53% over the past year. If you're a momentum investor, JHX might meet your fancy as a stock to buy.
Dear Nvidia Stock Fans, Mark Your Calendars for September 10
Rocket Lab Keeps Landing Defense Deals. Here's Why ***** ysts Aren't Getting More Bullish.
Why Stifel Just Revamped Its Price Target for Microsoft Stock

#week #past #NYSE #james
14nova
2 months ago
Sept 7 (Reuters) - President Donald Trump said on Monday that Canada-based ‌airplane maker Bombardier would no ‌longer be allowed to sell in the United States unless it started manufacturing in the country.
"NO MORE SELLING BOMBARDIER IN THE UNITED STATES! Their products aren't good ‌enough!" Trump ⁠said in a post on Truth Social.
"If they want our ⁠Market, they must build here, and stop treating America like a "piggybank," he said.
Bombardier did not immediately respond to a ‌request for comment.
Canada and the United States have been locked in a trade dispute.

#bombardier #united #donald #Monday
stompfxpillow
2 months ago
New Zealand captain Ardie Savea has been ruled out of the fourth Test against South Africa with a shoulder injury.
Savea was forced off just half-an-hour in to the third Test in Johannesburg after coming up in serious pain following a clearout from Jasper Wiese.
The No 8 struggled to hold his right arm up and was pictured in a sling after a 29-24 defeat.
Savea had scored twice in an excellent start to the game, and his absence is a major blow to Dave Rennie as the All Blacks seek to draw the series with victory in Baltimore next Saturday.
"Yes, [it's a] shoulder injury," Rennie confirmed. "Not sure if it's dislocated, but he certainly won't be travelling to the States.

#test #injury #ardie
1A2KXi_Qef7HYnK
2 months ago
SAN DIEGO -- The San Diego State Aztecs defeated Portland State 53-20 and The Sporting Tribune's Ardie Crenshaw was there to capture the following TST Images.
SDSU wide receiver Will Cianfrini (16 ) during warmups for an NCAA football game against Portland State Saturday September 5, 2026 in San Diego, Calif.
Ardie Crenshaw - The Sporting Tribune
SDSU wide receiver Will Cianfrini (16 ) during warmups for an NCAA football game against Portland State Saturday September 5, 2026 in San Diego, Calif.
SDSU wide receiver Jordan Napier during warmups for an NCAA football game against Portland State Saturday September 5, 2026 in San Diego, Calif.

#wide #receiver
spinecho
2 months ago
JOHANNESBURG (AP) — South Africa and New Zealand fly together to Baltimore on Sunday to conclude their epic rugby test series without key players Cheslin Kolbe and Ardie Savea.
Both suffered series-ending injuries on Saturday as the world champion Springboks beat the All Blacks 29-24 and grabbed a 2-1 lead in the four-test series.
Kolbe, South Africa's flawless goalkicker in the series, broke his jaw when he was run over by Luke Jacobson, and Savea, the All Blacks captain, possibly dislocated his right shoulder in a clearout by Jasper Wiese. Also, New Zealand center Quinn Tupaea damaged his MCL.
Neither team planned to replace them in the squad for the final match next Saturday at the NFL home of the Baltimore Ravens.
Having guided the Springboks into a series lead after losing the first match, coach Rassie Erasmus was relieved.

#series #south #springboks #blacks
predbci
2 months ago
South Africa edged another ferocious and bruising clash against New Zealand to win the third Test 29-24 on Saturday and go 2-1 up in the four-Test Rugby's Greatest Rivalry series.
Both teams scored ⁠four tries in front of 87,976 fans at Soccer City, with the Springboks coming back after trailing in the first half to add to their narrow success in last weekend's second test in Cape Town.
It ⁠proved another classic contest of Springbok forward power against the All Blacks' pacey passing attack, with New Zealand starting furiously but eventually being ⁠worn down by the physicality of their hosts.
Ardie Savea went off nine minutes before halftime with a shoulder injury in a blow to the tourists and he looks uncertain for the final match, which will be played in Baltimore, in the United States, next Saturday.
Springboks coach Rassie Erasmus said: "It was epic and intense, fierce battle in all departments. The scoreboard in the end showed how close it was. Were just happy to win."

#springboks #four #rivalry
ba_deeply
3 months ago
3rd February 2026; SMISA Stadium, Paisley, Scotland; Scottish Premiership Football, St Mirren versus Heart of Midlothian; ~Referee Steven McLean
The Hoops travel to Tannadice on Saturday evening as Martin O'Neill's side begin their defence of the trophy, with kick-off scheduled for 5.45pm.
The Scottish FA has now confirmed the full officiating team for the knockout encounter, with McLean handed responsibility for the match.
Ross Macleod and Ross Nelson will serve as his ****** istants, while Ross Hardie has been named as fourth official.
Greg Aitken will oversee VAR duties from Clydesdale House, ****** isted by Duncan Williams.

#ross #february #premiership #Football
fwi_mo_howa_mape4176
3 months ago
San Diego, Calif. – The Los Angeles Chargers held their training camp at the University of San Diego on August 4, 2026 and The Sporting Tribune's Ardie Crenshaw was there to capture the following TST Images.
LA Chargers Dalton Campbell (81) participates in drills during Chargers training camp at USD on .Tuesday August 4, 2026 in San Diego, California.
Ardie Crenshaw - The Sporting Tribune
LA Chargers Dalton Campbell (81) participates in drills during Chargers training camp at USD on .Tuesday August 4, 2026 in San Diego, California.
LA Chargers Derius Davis (12) participates in drills during Chargers training camp at USD on .Tuesday August 4, 2026 in San Diego, California.

#training #drills
tamojisoqitca6156
3 months ago
L1 Capital, an investment management firm, released its "L1 Long Short Fund" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The market's main themes in the June quarter were the Iran conflict and developments in the AI sector. These trends shifted after oil prices declined due to a ceasefire agreement, leading to a reversal. AI stocks surged, driven by strong earnings, rapid capital investment, and critical supply shortages. During this period, the L1 Long Short Fund achieved notable gains, rising 12.7% compared to the ASX200AI's 4.0%, with year-to-date returns at 12.5% versus 2.4%. U.S. equities outperformed, especially those benefiting from AI-related capital expenditure. The firm is satisfied with the portfolio's positioning, emphasizing strong medium-term growth potential, supported by attractive valuations, solid earnings, and robust cash flow. In addition, you can check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, L1 Long Short Fund highlighted James Hardie Industries plc (NYSE:JHX). Based in Dublin, Ireland, James Hardie Industries plc (NYSE:JHX) is a building materials company that manufactures and supplies fiber cement, fiber gypsum, and cement-bonded building products. On July 17, 2026, James Hardie Industries plc (NYSE:JHX) closed at $25.82 per share, reflecting a market capitalization of $14.98 billion. James Hardie Industries plc (NYSE:JHX) posted a one-month return of 5.34%, while its shares lost 1.64% over the past 52 weeks.
L1 Long Short Fund stated the following regarding James Hardie Industries plc (NYSE:JHX) in its Q2 2026 investor update:
"James Hardie Industries plc (NYSE:JHX) (+46%) shares recovered over the quarter following easing Middle East tensions and on management's release of a constructive FY27 outlook, which included a pathway to return the core North American fibre cement business to volume growth, despite a subdued U.S. housing market. We expect this volume recovery to be supported by normalisation of channel inventory following the 2025 destocking period, improving execution in repair & remodel / smaller-builder channels, the Trim-Over installation method, competitor exits and continued material conversion from vinyl and wood.
In our view, the market is still applying a discounted multiple to James Hardie to reflect recent execution, governance and housing-cycle concerns. As these issues are progressively addressed, we believe there is scope for both earnings growth and recovery in the valuation multiple over time."

#NYSE
UobByAa
5 months ago
DES MOINES, Iowa (AP) — Zach Johnson won the Principal Charity Classic on Sunday in his debut in his home-state event, shooting a 5-under 67 for a four-stroke victory at Wakonda Club.
Johnson grew up in Cedar Rapids, about two hours away. He finished at 17-under 199 for his second victory in his first season on the 50-and-over tour.
Johnson opened with a 69 and shot 63 on Saturday. He also won the James Hardie Pro Football Hall of Fame Invitational in his senior debut in March.
Richard Green (68) and Retief Goosen (70) tied for second. David Bransdon (71) and Brett Quigley (72) were 12 under.
Steve Stricker played for the second week in a row after starting his PGA Tour Champions season at the tournament he hosts in his native Wisconsin. He tied for 40th at 5 under after a 69.
3lazy
5 months ago
Champions Tour rookie and Iowa golf icon Zach Johnson won the Principal Charity Classic on June 14 at Wakonda Club in Des Moines.
The Iowa City native, Cedar Rapids Regis alum and former Drake golfer beat Richard Green and Retief Goosen by four strokes to claim the championship in his first year on the Champions Tour.
Johnson finished with a 17-under-par score of 199 after shooting a 5-under 67 in Sunday’s final round.
Johnson, 50, is best-known for winning the 2007 Masters. He added another major championship in 2015 when he won the British Open. He was ranked as high as No. 6 in the world in 2014.
A 12-time winner on the PGA Tour, Johnson's win in Des Moines was his second on the Champions Tour. He won the James Hardie Pro Football Hall of Fame Invitational on March 8.
todayusa
9 months ago
Maine air traffic control says 'we have a passenger aircraft upside down' before crash

The Federal Aviation Administration says seven people were killed and a crew member survived with serious injuries when a private business jet crashed in a snowstorm at Maine’s Bangor International Airport.
The Bombardier Challenger 600 carrying eight people crashed on takeoff at around 7:45 p.m. Sunday night as New England and much of the country grappled with a massive winter storm. The airport, about 200 miles north of Boston, shut down after the crash. Snowfall was heavy at the time, as it was in man
todayusa
9 months ago
Private jet carrying 8 people crashes on takeoff in Maine

Bangor, Maine — A private aircraft carrying eight people crashed on takeoff Sunday night at Maine's Bangor International Airport, the Federal Aviation Administration said.
The Bombardier Challenger 600 crashed around 7:45 p.m., and there was no immediate word on the conditions of those aboard. The FAA and National Transportation Safety Board are investigating.

The crash occurred as New England and much of the country grappled with a massive winter storm. Bangor had undergone steady snowfall Sunday along with many other parts of t
todayusa
9 months ago
Private jet with 8 people on board crashes at Bangor, Maine, airport

A private jet carrying eight people crashed on takeoff from Bangor, Maine, Sunday evening, according to the FAA.
The extent of their injuries is not known, a source briefed on the incident told CNN.
The plane is a Bombardier Challenger 650 business jet.
The airport told CNN in a statement emergency crews responded to an incident around 7:45 p.m. ET.
“First responders are still on the scene and are expected to be actively working the site for several more hours before any additional information is available,” the City o
Athletic
1 yr. ago
Donnarumma, un grand qui va vite au sol face à Sommer, un “petit” qui doit être excellent : ****** yse des gardiens de la finale de la Ligue des champions

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