{"id":3963,"date":"2014-07-07T10:25:46","date_gmt":"2014-07-07T10:25:46","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=3963"},"modified":"2014-07-07T10:25:46","modified_gmt":"2014-07-07T10:25:46","slug":"company-snapshot-84-lumber-company-2","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2014\/07\/company-snapshot-84-lumber-company-2\/","title":{"rendered":"Company Snapshot: 84 Lumber Company"},"content":{"rendered":"

84 Lumber Company<\/strong><\/p>\n

Address:<\/strong>
\n<\/strong>1019 Route 519
\nEighty Four, PA\u00a015330<\/p>\n

Phone:<\/strong>
\n<\/strong>724-228-8820<\/p>\n

Fax:<\/strong>
\n<\/strong>877-213-4381<\/p>\n

Website:
\n<\/a><\/strong>www.84Lumber.com<\/a><\/p>\n

Year Founded:<\/strong>
\n<\/strong>1956<\/p>\n

Total stores:<\/strong>
\n255<\/strong><\/p>\n

Total Sales:<\/strong>
\n$2,140,000,000<\/strong><\/p>\n

Senior Executives:<\/strong>
\nJoseph A. Hardy- Founder, Chief Executive Officer
\nMaggie Hardy Magerko- Owner, President<\/p>\n

\u00a0<\/strong><\/p>\n

Easily the segment in our market which was by far the hardest hit by both the subprime scandal and the recession was that of the pro dealers.\u00a0 New home building virtually ceased for quite a while and business ran dry.<\/p>\n

Prudently, 84 Lumber reluctantly shuttered many locations.\u00a0\u00a0 84 went from a prerecession count of 475 locations to 335 just two years later.\u00a0 They have held count in the mid-200s in recent years and anticipate strategic openings and re-openings as local economies permit.\u00a0 They have managed to reopen in select areas, as they had promised local communities during the toughest of times.<\/p>\n

If an optimistic sign is required to show the pro dealer community that times are indeed better, last year\u2019s annual sales for 84 Lumber increased nearly 33%, from $1.6 billion for 2012 to $2.1 billion for 2013.<\/p>\n

The company remains in the hands of its founding family.\u00a0 Co-founder Joe Hardy and long-time president Maggie Hardy Magerko continue to guide the company through boom times and bad.\u00a0 Their pledge to reopen stores when possible, which were forced to close during the building crisis, seems to remain a guiding principle and a stronger possibility now that profits are again a reality.<\/p>\n","protected":false},"excerpt":{"rendered":"

84 Lumber Company Address: 1019 Route 519 Eighty Four, PA\u00a015330 Phone: 724-228-8820 Fax: 877-213-4381 Website: www.84Lumber.com Year Founded: 1956 Total stores: 255 Total Sales: $2,140,000,000 Senior Executives: Joseph A. Hardy- Founder, Chief Executive Officer Maggie Hardy Magerko- Owner, President \u00a0 Easily the segment in our market which was by far the hardest hit by both… Continue reading Company Snapshot: 84 Lumber Company<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-3963","post","type-post","status-publish","format-standard","hentry","category-home-hardware","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/3963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=3963"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/3963\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=3963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=3963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=3963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}