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Morningstar rates Fortune Brands at US$78 fair value estimate, up 25.8% from recent trading price, noting improved financial performance over past decade has been due to operating strategy, which includes strengthening new home construction, R&R spending
Published: January 31, 2023 by Cherokee Tribune
Walmart expands remodeling efforts to new stores after successful trial at Springdale, Arkansas, location; Springdale store saw 31.2% more visits than the average Walmart, 66.6% more visits than the average Target in Q4 following remodel, per CNBC
Published: January 30, 2023 by Tell Me Best
Motley Fool names LP, Builders FirstSource as stocks to buy and never sell, noting both companies have staked out bigger position in R&R market; LP's siding business generated more revenue than OSB in Q3, and is less affected by any drop in housing starts
Published: January 26, 2023 by The Motley Fool
CIBC conference highlights with Adentra: CEO says homes under construction remained elevated in December, but slowdown in housing starts could impact results in 2023; R&R expected to hold up better than new residential, and commercial side remains healthy
Published: January 23, 2023 by CIBC World Markets Inc.
CIBC conference highlights with Mercer: Management upbeat on softwood pulp pricing in 2023; going forward, management plans to reduce business’ pulp exposure to about 50%, with remainder coming from lumber and CLT; company sees growth with R&R customers
Published: January 23, 2023 by CIBC World Markets Inc.

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