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BlueLinx Holdings Inc (BXC) delivers essential building products through its nationwide distribution network, serving contractors and manufacturers across residential and commercial construction sectors. This news hub provides investors and industry professionals with direct access to official announcements and market developments shaping the building materials landscape.
Track critical updates including quarterly earnings reports, strategic partnerships, supply chain innovations, and leadership changes. Our curated collection features press releases on product availability expansions, sustainability initiatives, and operational efficiency improvements that impact BlueLinx's position in the construction supply chain.
Discover timely information about structural material innovations, specialty product launches, and logistics network enhancements. All content is verified from primary sources to ensure accuracy for financial decision-making. Bookmark this page for streamlined access to developments affecting building product distribution channels and construction market dynamics.
BlueLinx Holdings (NYSE: BXC), a leading U.S. wholesale distributor of building products, reported its Q2 2025 financial results. The company achieved net sales of $780 million, up 2% year-over-year, with a gross profit of $120 million and gross margin of 15.3%.
Key highlights include net income of $4.3 million ($0.54 per diluted share), adjusted EBITDA of $26.8 million, and available liquidity of $730 million. The company announced a new $50 million share repurchase authorization after completing $20 million in share repurchases during Q2. Specialty products sales reached $543 million, while structural products sales increased to $237 million.
The company maintains a strong financial position with $387 million in cash and a negative net leverage ratio of 0.1x, positioning it well for future growth despite challenging market conditions.
BlueLinx Holdings (NYSE: BXC), a leading U.S. wholesale distributor of building products, has announced a new $50 million share repurchase authorization. This adds to the $11.5 million remaining from their October 2023 $100 million program, bringing the total available for repurchases to $61.5 million.
The new buyback will be funded through cash on hand and operational cash flow. The timing and amount of repurchases will depend on various factors including capital needs, stock price, and market conditions. The program can be suspended or discontinued at any time.
BlueLinx Holdings (NYSE: BXC), a leading U.S. wholesale distributor of building products, has scheduled its second quarter 2025 earnings conference call for July 30, 2025, at 10:00 AM ET. The financial results will be released after market close on July 29, 2025.
The call will be hosted by CEO Shyam Reddy and CFO C. Kelly Wall. Investors can access the webcast and presentation materials through the company's investor relations website. A replay will be available through August 6, 2025.
BlueLinx Holdings (NYSE: BXC) has appointed Christopher Kelly Wall as Senior Vice President, Chief Financial Officer and Treasurer, effective May 19, 2025. Wall brings 30 years of finance experience and will oversee the company's financial strategy, capital markets activity, investor relations, and financial operations.
Wall joins from The Aaron's Company, where he served as EVP and CFO, leading initiatives including a public company spin-off, BrandsMart USA acquisition, and Aaron's take-private transaction in 2024. His prior experience includes senior financial roles at CNG Holdings and TMX Finance, and a 17-year career at Bank of America Merrill Lynch where he led over 200 capital markets transactions as Managing Director.
BlueLinx, a leading U.S. wholesale distributor of building products, reported its Q1 2025 financial results. The company achieved net sales of $709 million and a gross profit of $111 million, with a gross margin of 15.7%. Net income stood at $2.8 million ($0.33 per diluted share).
Key highlights include:
- Specialty products sales: $479 million
- Structural products sales: $230 million
- Adjusted EBITDA: $19.6 million (2.8% of net sales)
- Available liquidity: $795 million
- Cash and equivalents: $449 million
The company maintained solid margins despite challenging weather and market conditions. BlueLinx continued its shareholder-friendly approach by repurchasing $15 million worth of shares, with $31 million remaining in the authorization. Looking ahead, early Q2 2025 shows specialty product gross margins of 17-18% and structural product gross margins of 9-10%, with improved daily sales volumes compared to both Q1 2025 and Q2 2024.
BlueLinx Holdings (NYSE: BXC), a leading U.S. wholesale distributor of building products, has scheduled its first quarter 2025 financial results announcement for Tuesday, April 29, 2025, after market close. President and CEO Shyam Reddy and VP, Chief Accounting Officer, and Interim Principal Financial Officer Kimberly DeBrock will host a conference call on Wednesday, April 30, 2025, at 10:00 AM ET to discuss the results.
The presentation materials and webcast will be accessible through the company's Investor Relations website. A replay of the webcast will be available immediately after the event, and the teleconference replay will be accessible through May 7, 2025.
BlueLinx Holdings (NYSE: BXC) reported its Q4 and full-year 2024 financial results. For Q4 2024, the company achieved net sales of $711 million, with gross profit of $113 million and net income of $5.3 million ($0.62 per diluted share). The full year 2024 saw net sales of $3.0 billion, gross profit of $489 million, and net income of $53 million ($6.19 per diluted share).
The company maintained strong specialty product performance with gross margins of 18.4% in Q4, while structural products achieved 10.8% gross margins. BlueLinx completed $45 million in share repurchases during 2024 and maintained robust liquidity of $852 million, including $506 million in cash/cash equivalents.
Looking ahead to Q1 2025, specialty product gross margins are ranging between 18-19%, while structural product margins are at 8-9%. However, average daily sales volumes were down approximately 12% versus Q4 2024, primarily due to severe weather conditions.
BlueLinx Holdings (NYSE: BXC), a leading U.S. wholesale distributor of building products, has scheduled its fourth quarter and full year 2024 financial results announcement for Tuesday, February 18, 2025, after market close. The company will host a conference call and webcast on Wednesday, February 19, 2025, at 10:00 AM ET.
The call will be led by Shyam Reddy, President and CEO, and Kimberly DeBrock, VP, Chief Accounting Officer, and Interim Principal Financial Officer. Investors can access the webcast and presentation materials through the company's investor relations website. A replay will be available until March 5, 2025.