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Builders FirstSource, Inc. - $BLDR STOCK NEWS

Welcome to our dedicated page for Builders FirstSource news (Ticker: $BLDR), a resource for investors and traders seeking the latest updates and insights on Builders FirstSource stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Builders FirstSource's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Builders FirstSource's position in the market.

Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) is hosting its 2023 Investor Day in Atlanta to present the company’s long-term strategic vision, financial growth drivers, digital solutions, commercial and operational excellence, and innovation. The event aims to compound long-term shareholder value through customer partnerships and new digital innovations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.68%
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none
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Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) reported a 21.3% decrease in net sales to $4.5 billion in Q3 2023, primarily due to a weaker housing market and commodity deflation. Net income decreased by 38.8% to $451.5 million, with earnings per diluted share at $3.59. Adjusted EBITDA decreased by 30.6% to $813.3 million, and the company repurchased 1.7 million shares in Q3 and $1.6 billion YTD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.25%
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Rhea-AI Summary
Builders FirstSource, Inc. will host a conference call on November 1, 2023, to discuss financial results and business matters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
Tags
conferences earnings
Rhea-AI Summary
Builders FirstSource to host Investor Day and Truss Facility Tour on December 5, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.93%
Tags
conferences
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Rhea-AI Summary
Builders FirstSource, Inc. (NYSE: BLDR) reported a 34.6% decrease in net sales to $4.5 billion, with net income of $404.6 million and adjusted EBITDA of $768.8 million at a margin of 17.0%. The company repurchased 7.0 million shares in Q2, resulting in a 10.5% reduction in shares outstanding YTD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
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Rhea-AI Summary
WCL: Jason Walsh joins as Vice President of Component Manufacturing, bringing over two decades of experience in the industry. His addition positions WCL for expansion into new category, leveraging his leadership and strategic insight.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
conferences earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.88%
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none
Builders FirstSource, Inc.

NYSE:BLDR

BLDR Rankings

BLDR Stock Data

20.43B
119.20M
1.97%
97.66%
2.23%
Home Centers
Retail Trade
Link
United States of America
IRVING

About BLDR

in 2015, builders firstsource ($bldr) became the leading supplier and manufacturer of structural and related building products for new construction when it acquired probuild holdings, llc and its subsidiaries. now, as the largest diversified suppliers of lumber and building materials to professional builders, contractors, and homeowners, builders firstsource currently operates approximately 450 lumber and building product distribution, manufacturing and assembly centers in 40 u.s. states. builders firstsource and its companies sell a broad selection of building materials including; lumber (dimensional and sheet goods), drywall products, millwork, trusses, roofing and siding products, insulation materials, and hardware specialties. their manufacturing capabilities include trusses (roof and floor), wall panels, custom millwork, aluminum and vinyl windows and pre-hung door fabrication. we have the ability to sustain a long-term, aggressive growth strategy. our collective strength combines