2020 - ABSi Achieves ProSales 100
- Published: Friday, 12 June 2020 09:14
Publication date Jun 1, 2020 ProSales Magazine. ABSi makes the coveted PROSALES 100! It is an enormous honor to be listed amongst the largest multi-location lumberyard chains in the Nation when ABSI is a specialty supplier of Luxury Windows & Doors only, not a full line Building Materials supplier. ABSi Ranks #93 in the Nation amongst all National LBM companies and ranks #7 in the Nation by sales per employee.
Collectively, the dealers on the 2020 ProSales 100 list grew their revenue for the 10th consecutive year, reaching $62.9 billion last year, besting 2018’s total by $1.48 billion. It’s an impressive feat, especially considering industry headwinds such as weather challenges, the trade war with China, commodity price deflation, and the ongoing industrywide labor shortage. Despite all of this, housing starts picked up in the second half of the year, soaring from a low of about 1.15 million in February to cap the year at about 1.6 million starts in December and enabling the ProSales 100 dealers to collectively inch their way toward growth. Specialty dealers, once again, had an impressive year. There are only 15 of them on the PS100 list, which represents a 50% increase from last year, but they have a sizable presence, accounting for 46% of the revenue generated by the entire list. ProSales Magazine -Read full article