Quanex Building Products Agrees To Acquire Tyman For $1.1B, Enhancing Building Products Offerings

4/22/24 2:24:20 AM ET

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Acquisition Accelerates Quanex's "BIGGER" Strategic Roadmap, Expanding Quanex's Product Offering with Addition of Tyman's Complementary Portfolio
Significantly Enhances Scale and Global Reach, Positioning Combined Company for Profitable Growth and Value Creation
Delivers Material EPS Accretion in First Fiscal Year Post Close;
Approximately $30 Million in Annual Run-Rate Cost Synergies Anticipated

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Quanex Building Products Announces Third Quarter 2024 Results and Updates Full Year 2024 Guidance
Results Consistent with ExpectationsTransformative Tyman Acquisition Closed August 1, 2024Acquisition Integration Underway HOUSTON, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced its results for the three months ended July 31, 2024. The Company reported the following selected financial results: Three Months Ended July 31, Nine Months Ended July 31,($ in millions, except per share data) 2024 2023 2024 2023Net Sales $280.3 $299.6 $785.7 $835.1Gross Margin $70.9 $78.6 $188.6 $197.5Gross Margin % 25.3% 26.2% 24.0% 23.7%Net Income $25.4 $31.7
9/5/24 4:15:46 PM ET
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Quanex Building Products Declares Quarterly Dividend
HOUSTON, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.08 per share on the Company's common stock, payable September 30, 2024, to shareholders of record on September 16, 2024. About Quanex Quanex is a global manufacturer with core capabilities and broad applications across various end markets. The Company currently collaborates and partners with leading OEMs to provide innovative solutions in the window, door, vinyl fencing, solar, refrigeration, custom mixing, building access and cabinetry markets. Looking ahead, Quanex plans to leverage i
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Quanex Building Products Announces Third Quarter 2024 Earnings Release and Conference Call Schedule
HOUSTON, TEXAS, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced plans to release its third quarter 2024 results on Thursday, September 5, 2024 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call for Friday, September 6, 2024 at 11:00 a.m. ET (10:00 a.m. CT) to discuss the release. A link to the live audio webcast will be available on Quanex's website at http://www.quanex.com in the Investors section under Presentations & Events. Participants can pre-register for the conference call using the following link: https://register.vevent.com/register/BI899b4025b8dc44e0
8/22/24 4:15:00 PM ET
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Quanex Building Products Appoints Manish Shah and Amit Singhi to Board of Directors
HOUSTON, TEXAS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- August 12, 2024 – Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced the appointment of Manish H. Shah and Amit Singhi to its Board of Directors effective August 12, 2024. George Wilson, President and Chief Executive Officer, commented, "Manish and Amit are both proven, forward-thinking leaders, and we're looking forward to the insights they'll bring to Quanex as we continuously strengthen our focus on profitable growth across all areas of the Company. We're confident in the value of their unique perspectives, and our leadership team is looking forward to their contributions." Mr. Shah is the C
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Quanex Building Products Announces Results of Annual Meeting and Declares Quarterly Dividend
HOUSTON, TEXAS, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced the results from its Annual Meeting of Stockholders held on February 22, 2022. In addition, Quanex announced that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.08 per share on the Company's common stock, payable March 30, 2022, to shareholders of record on March 15, 2022. The stockholders approved each of the following proposals: Election of Directors – Susan F. Davis, William C. Griffiths, Bradley E. Hughes, Jason D. Lippert, Donald R. Maier, Meredith W. Mendes, Curtis M. Stevens, William E. Waltz Jr. an
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Quanex Building Products Announces Changes to the Board of Directors
HOUSTON, TX, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced the appointment of Jason D. Lippert, age 49, to its Board of Directors (the "Board") effective immediately. The Company also announced that William C. Griffiths, age 70, will retire as Executive Chairman of the Board, effective February 21, 2022, but plans to continue serving as Non-Executive Chairman of the Board. In addition, Joseph D. Rupp, age 71, plans to retire as a Director at the end of his current term and not stand for re-election. George Wilson, President and Chief Executive Officer, stated, "Jason's leadership skills combined with his
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Quanex Building Products Announces Third Quarter 2024 Results and Updates Full Year 2024 Guidance
Results Consistent with ExpectationsTransformative Tyman Acquisition Closed August 1, 2024Acquisition Integration Underway HOUSTON, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced its results for the three months ended July 31, 2024. The Company reported the following selected financial results: Three Months Ended July 31, Nine Months Ended July 31,($ in millions, except per share data) 2024 2023 2024 2023Net Sales $280.3 $299.6 $785.7 $835.1Gross Margin $70.9 $78.6 $188.6 $197.5Gross Margin % 25.3% 26.2% 24.0% 23.7%Net Income $25.4 $31.7
9/5/24 4:15:46 PM ET
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Quanex Building Products Declares Quarterly Dividend
HOUSTON, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.08 per share on the Company's common stock, payable September 30, 2024, to shareholders of record on September 16, 2024. About Quanex Quanex is a global manufacturer with core capabilities and broad applications across various end markets. The Company currently collaborates and partners with leading OEMs to provide innovative solutions in the window, door, vinyl fencing, solar, refrigeration, custom mixing, building access and cabinetry markets. Looking ahead, Quanex plans to leverage i
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Quanex Building Products Announces Third Quarter 2024 Earnings Release and Conference Call Schedule
HOUSTON, TEXAS, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced plans to release its third quarter 2024 results on Thursday, September 5, 2024 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call for Friday, September 6, 2024 at 11:00 a.m. ET (10:00 a.m. CT) to discuss the release. A link to the live audio webcast will be available on Quanex's website at http://www.quanex.com in the Investors section under Presentations & Events. Participants can pre-register for the conference call using the following link: https://register.vevent.com/register/BI899b4025b8dc44e0
8/22/24 4:15:00 PM ET
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Quanex Building Products Agrees To Acquire Tyman For $1.1B, Enhancing Building Products Offerings

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Press Releases

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Quanex Building Products Announces Third Quarter 2024 Results and Updates Full Year 2024 Guidance

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SEC Filings

Amendment: Quanex Building Products Corporation filed SEC Form 8-K: Financial Statements and Exhibits

SEC Form 10-Q filed by Quanex Building Products Corporation

Quanex Building Products Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

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Quanex Building Products Announces Third Quarter 2024 Results and Updates Full Year 2024 Guidance

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Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Quanex Building Products Corporation

Amendment: SEC Form SC 13G/A filed by Quanex Building Products Corporation

SEC Form SC 13D filed by Quanex Building Products Corporation

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Insider Trading

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SEC Form 4 filed by Director Waltz William E Jr.

SEC Form 4 filed by Director Stevens Curtis M

SEC Form 4 filed by Director Shah Manish H

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Quanex Building Products' Acquisition Of Tyman Approved By Each Companies' Shareholders, Expected To Close In August Of This Year

Quanex Building Products Reaffirms FY24 Net Sales ~$1.1B Vs $1.090B Est.

Quanex Building Prods Q2 2024 Adj EPS $0.66 Beats $0.53 Estimate, Sales $266.200M Beat $262.950M Estimate

Quanex Building Products Agrees To Acquire Tyman For $1.1B, Enhancing Building Products Offerings

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Recent Analyst Ratings for $NX

$NX Press Releases

Fastest customizable press release news feed in the world

Quanex Building Products Announces Third Quarter 2024 Results and Updates Full Year 2024 Guidance

Quanex Building Products Declares Quarterly Dividend

Quanex Building Products Announces Third Quarter 2024 Earnings Release and Conference Call Schedule

$NX Leadership Updates

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Quanex Building Products Appoints Manish Shah and Amit Singhi to Board of Directors

Quanex Building Products Announces Results of Annual Meeting and Declares Quarterly Dividend

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$NX SEC Filings

Amendment: Quanex Building Products Corporation filed SEC Form 8-K: Financial Statements and Exhibits

SEC Form 10-Q filed by Quanex Building Products Corporation

Quanex Building Products Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$NX Financials

Live finance-specific insights

Quanex Building Products Announces Third Quarter 2024 Results and Updates Full Year 2024 Guidance

Quanex Building Products Declares Quarterly Dividend

Quanex Building Products Announces Third Quarter 2024 Earnings Release and Conference Call Schedule

$NX Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Quanex Building Products Corporation

Amendment: SEC Form SC 13G/A filed by Quanex Building Products Corporation

SEC Form SC 13D filed by Quanex Building Products Corporation

$NX Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4 filed by Director Waltz William E Jr.

SEC Form 4 filed by Director Stevens Curtis M

SEC Form 4 filed by Director Shah Manish H

$NX Market Insights

Live Market Insights

Quanex Building Products' Acquisition Of Tyman Approved By Each Companies' Shareholders, Expected To Close In August Of This Year

Quanex Building Products Reaffirms FY24 Net Sales ~$1.1B Vs $1.090B Est.

Quanex Building Prods Q2 2024 Adj EPS $0.66 Beats $0.53 Estimate, Sales $266.200M Beat $262.950M Estimate

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