M&A And Capital DeploymentIBP is confident in its strong M&A pipeline and plans to deploy capital for acquisitions, targeting markets like Southwest, Arizona, Indianapolis, Southeast, and Florida.
Multi-family GrowthIBP's growth initiatives on the multi-family side resulted in just a 5% same-branch sales decline in this segment in what was likely a market down closer to 30%+.
Operational ImprovementsOperationally IBP is in a better spot than recent years due to reduced supply chain, labor bottlenecks, and material availability stress.