NASDAQ:TILE - Nasdaq - US4586653044 - Common Stock - Currency: USD
Griffon shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 64 to 88.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the office & commercial furniture industry, including HNI (NYSE:HNI) and its peers.
Business services providers thrive by solving complex operational challenges for their clients, allowing them to focus on their secret sauce. But cutbacks in corporate spending and the threat of new AI products have kept sentiment in check, and over the past six months, the industry has tumbled by 2.3%. This performance mirrored the S&P 500’s decline.
The company expects Q1 net sales of $290 million to $300 million, while analysts estimated the metric at $305.30 million.
On Monday, Owens Corning stock received a positive adjustment to its Relative Strength (RS) Rating, from 70 to 74.
Builders FirstSource stock saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 77 to 84.