Bluelinx Holdings (BXC) Swings to Q2 Loss

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BlueLinx Announces Second-Quarter Results

August 4, 2016 7:30 AM EDT

Debt principal reduction of $63.6 million from Q2 2015 Net working capital reduced by $64.5 million from Q2 2015

ATLANTA, Aug. 04, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in North America, today reported financial results for the fiscal second quarter ended July 2, 2016.

We are pleased to report our second quarter results and the significant progress were making on our key strategic initiatives of reducing working capital, exiting underperforming facilities, and monetizing certain real estate.  We were able to execute on these important... More