Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s): CWXZF

Consumer Cyclical Home Furnishings & Fixtures

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 15 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.

TSX:DBM - Post by User

Doman Building Materials Group Ltd > 2nd Q Earnings

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Post by Stocker46on Aug 16, 2021 4:20pm

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Post# 33711629

2nd Q Earnings

Net Earnings of $53.1 million for 2nd Q and $87.3 million for 6 months

I guess that means the SP will drop tomorrow.

Just can't make any sense of it.
Last week DBM SP rose by $1.17 (96 cents in one day) .. obviously in anticipation of a good 2nd Q.

Friday a major competitor (TBL) posts record 2nd Q earnings ($59 M) and their share price goes up a whopping 3 cents while DMB goes down 18 cents ???????

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