Van der Meer

BlueLinx Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023
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ATLANTA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today reported financial results for the three months ended September 30, 2023.

Key Points: 
  • ATLANTA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today reported financial results for the three months ended September 30, 2023.
  • Adjusted EBITDA was $50 million, or 6.2% of net sales, for the third quarter of 2023, as compared to $100 million, or 9.4% of net sales in the third quarter of 2022.
  • Net cash generated from operating activities was $78 million in the third quarter of 2023 and free cash flow was $73 million.
  • BlueLinx will host a conference call on November 1, 2023, at 10:00 a.m. Eastern Time, accompanied by a supporting slide presentation.

BlueLinx Announces Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, February 21, 2023
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“We saw a meaningful deceleration in the demand for building products as the fourth quarter progressed and despite this, we delivered solid results.

Key Points: 
  • “We saw a meaningful deceleration in the demand for building products as the fourth quarter progressed and despite this, we delivered solid results.
  • In the fourth quarter of 2022, net sales were $848 million, a decrease of $125 million, or 13% when compared to the fourth quarter of 2021.
  • Selling, general and administrative (“SG&A”) expenses were $92 million in the fourth quarter, flat versus the third quarter of 2022 and $9 million, or 10%, higher than the prior year period.
  • Free cash flow was $137 million in the fourth quarter of 2022, up $128 million compared to the prior year period.

BlueLinx Acquires Vandermeer Forest Products

Retrieved on: 
Monday, October 3, 2022
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BlueLinx (NYSE: BXC) is a leading U.S. wholesale distributor of residential and commercial building products with both branded and private-label SKUs across product categories such as lumber, panels, engineered wood, siding, millwork, and industrial products.

Key Points: 
  • BlueLinx (NYSE: BXC) is a leading U.S. wholesale distributor of residential and commercial building products with both branded and private-label SKUs across product categories such as lumber, panels, engineered wood, siding, millwork, and industrial products.
  • BlueLinx provides a wide range of value-added services and solutions to our customers and suppliers.
  • BlueLinx encourages investors to visit its website, www.BlueLinxCo.com , which is updated regularly with financial and other important information about BlueLinx.
  • The Company has presented Adjusted EBITDA for Vandermeer Forest Products (Vandermeer) in this release as a part of the ratio of the purchase price paid for the Vandermeer business (exclusive of real estate purchase) to Vandermeers trailing twelve-month Adjusted EBITDA, which the Company refers to as the Purchase Price to Trailing Twelve Month Adjusted EBITDA Multiple.