Taiga Has Increased Sales

Taiga Building Products Ltd. consolidated net sales for the three months ended September 30 were $500.7 million, an increase from $358.9 million over the same period last year. The increase in sales was largely due to higher selling prices for its commodity products during the quarter. Its U.S. operations also experienced a significant increase compared to the same period last year, particularly Exterior Wood, Inc acquired in 2018. Net earnings for the quarter increased to $33.4 million from $8.3 million for the same period last year primarily due to an increase in gross margin.