Welcome to our dedicated page for Bluelinx Hldgs news (Ticker: BXC), a resource for investors and traders seeking the latest updates and insights on Bluelinx Hldgs stock.
BlueLinx Holdings Inc. (NYSE: BXC) is a U.S. wholesale distributor of residential and commercial building products, with activity spanning specialty and structural categories. The BlueLinx news feed captures company announcements that shed light on its operating performance, expansion initiatives, governance developments, and financing decisions, giving readers context for how the business evolves over time.
Investors following BXC news will find regular earnings releases, where BlueLinx reports net sales, gross profit, and segment performance for specialty and structural products. These updates often include commentary on pricing trends in lumber and panels, volume changes, margin dynamics, and the impact of items such as duty-related adjustments. Management also uses these releases to discuss its long-term profitable sales growth strategy, including efforts in multi-family channels and digital transformation.
The news stream also features transaction and expansion announcements. Examples include the acquisition of Disdero Lumber Co., LLC, a value-added distributor of premium specialty wood products, and the expansion of a distribution partnership with Oldcastle APG, which doubled the RDI Railing distribution footprint and added new MoistureShield Decking markets. Such items illustrate how BlueLinx seeks to enhance its specialty product mix, extend its geographic reach, and support channels like high-end residential and multi-family construction.
Other BlueLinx news items highlight capital structure and governance developments, such as new share repurchase authorizations, the establishment of a syndicated secured asset-based revolving credit facility, and Board and executive leadership changes, including director appointments and commercial leadership transitions. Together, these updates help readers understand how BlueLinx manages liquidity, allocates capital, and oversees its business. For anyone tracking BXC stock, revisiting this news page provides a consolidated view of the company’s key announcements and strategic moves.
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.