financetom
Business
financetom
/
Business
/
Taiga Building Products Posts "Marginally Better" Q2 Earnings On Higher Revenue
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Taiga Building Products Posts "Marginally Better" Q2 Earnings On Higher Revenue
Aug 8, 2025 1:47 PM

04:25 PM EDT, 08/08/2025 (MT Newswires) -- Taiga Building Products ( TGAFF ) at the close of trade Friday reported "marginally better" earnings for the second quarter, helped by higher revenues.

Net earnings for the quarter ended June 30 rose to $15.1 million, or $0.14 per share, from $13.9 million, or $0.13, over the same period last year primarily due to increased gross margin dollars.

The company's sales for the quarter were $441.0 million compared to $427.8 million a year earlier. It said the $13.1 million, or 3%, rise in sales was largely due to a higher average pricing as well as product mix over the quarter.

EBITDA for the quarter was $23.5 million compared to $22.7 million, primarily due to higher margin dollars earned during the quarter.

The company's shares closed down $0.09, or 2.7% to $3.20 on the Toronto Stock Exchange.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved