James Hardie Stock Price, News & Analysis

James Hardie Building Products is hosting a hiring event on December 7, 2021, seeking to fill over 45 material operator positions at their Summerville, South Carolina location. Wages start at $18.30 per hour, with a $2000 sign-on bonus and full benefits commencing on the first day of employment. Job seekers are invited for on-the-spot interviews from 8:00 a.m. to 5:00 p.m. ET. Employees will benefit from paid vacation, personal days, and promotional opportunities that increase wages on average by $0.55 every six months.

James Hardie Industries announced record second-quarter results for fiscal year 2022, with global net sales increasing 23% to US$903.2 million and adjusted net income rising 29% to US$154.9 million. The company raised its adjusted net income guidance for the fiscal year to between US$580 million and US$600 million. Key segments showed strong growth, with North America fiber cement net sales also up 23%. Additionally, James Hardie declared a dividend of US$0.40 per share as part of its commitment to return value to shareholders.

James Hardie Industries plc (ASX: JHX; NYSE: JHX) reported impressive first quarter fiscal year 2022 results, ending June 30, 2021. Global net sales surged 35% to US$843.3 million, with adjusted EBIT climbing 45% to US$180.5 million. North America Fiber Cement Segment sales rose 28% to US$577.1 million, while Europe saw a 37% growth to €103.3 million. The company raised its fiscal year 2022 adjusted net income guidance to between US$550 million and US$590 million, reflecting strong market momentum and successful execution of its high-value product mix strategy.

James Hardie Industries (NYSE: JHX) has successfully settled a weathertightness class action litigation in New Zealand for NZ$1.25 million, with no admission of liability. This settlement resolves the 'White litigation' concerning the Harditex™ cladding product, which was ongoing since late 2015. The trial commenced on May 17, 2021, but was settled midway. While the settlement is viewed positively, the company acknowledges that it sympathizes with affected homeowners. James Hardie is still managing two other weathertightness claims, the 'Cridge' and 'Waitakere' litigations.

James Hardie Industries plc (ASX: JHX; NYSE: JHX) has appointed Ms. Amy Lamparske as Global Chief Digital Officer and Vice President of North America Marketing. With 20 years of experience in marketing and digital strategies at top consumer companies, Lamparske is expected to strengthen the company's focus on direct consumer engagement and innovative marketing. CEO Dr. Jack Truong emphasized her role in accelerating demand creation and commercializing innovations to enhance homeowner connections. Lamparske holds an MBA and a Master of Arts in Leadership.