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Bluelinx Hldgs Inc - BXC STOCK NEWS

Welcome to our dedicated news page for Bluelinx Hldgs (Ticker: BXC), a resource for investors and traders seeking the latest updates and insights on Bluelinx Hldgs.

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 Bluelinx Hldgs'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 Bluelinx Hldgs's position in the market.

Rhea-AI Summary
BlueLinx Holdings Inc. (NYSE: BXC) will release its first quarter 2024 financial results on April 30, 2024, followed by a conference call on May 1, 2024, hosted by the President, CEO, and CFO. The webcast and presentation materials will be accessible on the BlueLinx website, with a replay available. Details for participation and replay are provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
Tags
conferences earnings
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Rhea-AI Summary
BlueLinx Holdings Inc. (BXC) announces senior leadership changes to enhance commercial alignment and drive sales growth. Mike Wilson appointed Chief Commercial Officer, Leo Oei as Vice President, Product Management, and David Sherwood as Regional Vice President - North Region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.17%
Tags
management
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Rhea-AI Summary
BlueLinx Holdings Inc. (BXC) reports financial results for Q4 and FY 2023, showcasing strong margin performance and free cash flow despite market uncertainties. Net sales, gross profit, and adjusted net income figures are highlighted, along with completion of share repurchases. The company's President and CEO, Shyam Reddy, and CFO, Andy Wamser, provide insights on the performance and future strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
Tags
Rhea-AI Summary
BlueLinx Holdings Inc. (NYSE: BXC) will release its fourth quarter and full year 2023 financial results on February 20, 2024, followed by a conference call hosted by the President and CEO, Shyam Reddy, and CFO, Andy Wamser, on February 21, 2024. The webcast of the conference call and presentation materials will be available on the company's Investor Relations website, with a replay option. Participants can join the live teleconference or listen to the replay using the provided details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
conferences earnings
-
Rhea-AI Summary
BlueLinx Holdings Inc. and Huber Engineered Woods LLC announce an expansion of their distribution partnership, including Huber’s AdvanTech® subflooring and ZIP System™ building enclosure product lines in BlueLinx’s Denville, NJ, and Pensacola, FL service areas. The expansion aims to provide customers with best-in-class products and meet diverse marketplace demands. Huber products will now be distributed in forty-three BlueLinx outlets, ensuring faster and more efficient deliveries across geographies and strengthening the Huber brand position in those markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
partnership
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Rhea-AI Summary
BlueLinx Holdings Inc. (NYSE: BXC) and Louisiana-Pacific Corporation (NYSE: LPX) announce an expanded distribution partnership, adding LP®’s SmartSide® Trim & Siding and LP® SmartSide® ExpertFinish® Trim & Siding to BlueLinx’s Seattle, Spokane, and Gulfport locations. This brings the total stocking footprint of LP® SmartSide® to fourteen locations, spanning four of LP's regions across the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
partnership
Rhea-AI Summary
BlueLinx Holdings Inc. reported financial results for Q3 2023. Net sales were $810 million, gross profit was $139 million with a gross margin of 17.2%, and specialty product gross margin of 19.8%. Net income was $24 million, or $2.71 diluted earnings per share. Adjusted net income was $27 million, or $2.98 adjusted diluted earnings per share. Adjusted EBITDA was $50 million, 6.2% of net sales. Operating cash generated was $78 million with free cash flow of $73 million. Available liquidity was $816 million, including $470 million cash on hand. Net debt was $107 million with a net leverage ratio of 0.5x. $18 million in share repurchases were completed, and a new $100 million share repurchase authorization was announced.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.49%
Tags
-
Rhea-AI Summary
BlueLinx Holdings Inc. (NYSE: BXC) announced a new share repurchase authorization of $100 million. The authorization will be funded through cash on hand and cash flow from operations. The company completed its prior $100 million share repurchase program in early fiscal October 2023. The decision to repurchase shares will depend on various factors, including capital needs and market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.49%
Tags
buyback
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Rhea-AI Summary
BlueLinx Holdings Inc. to release Q3 2023 financial results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.76%
Tags
conferences earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.01%
Tags
none
Bluelinx Hldgs Inc

NYSE:BXC

BXC Rankings

BXC Stock Data

1.02B
7.23M
3.73%
93.71%
2.43%
General Rental Centers
Real Estate and Rental and Leasing
Link
US
Marietta

About BXC

at bluelinx, delivering success is what our business is all about. as the leading building products distribution company in the industry, we provide the building blocks for residential and commercial construction, remodeling and repair, manufacturing, manufactured and modular housing, and homeowner projects. look to bluelinx for quality products, reliable distribution, knowledgeable people and innovative ideas. bluelinx has the organization and systems to help our customers accomplish their goals, and we invite you to discover how much we can deliver.