Builders FirstSource (BLDR) Tops Q3 EPS by 13c

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Builders FirstSource Reports Third Quarter 2019 Results

October 31, 2019 4:15 PM EDT

DALLAS, Oct. 31, 2019 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (Nasdaq:  BLDR) today reported its results for the third quarter ending September 30, 2019.

Highlights of the Third Quarter 2019 vs Third Quarter 2018:

Adjusted EBITDA of $160.3 million or 8.1 percent of net salesNet sales for the quarter were lower by 6.5 percent Sales volume per day grew by an estimated 9.4 percent, across all product categories, led by an 11.2 percent volume increase in our value-added product categoriesCommodity deflation decreased sales per day by an estimated 17.4 percentOne additional sales day in the third quarter of 2019 increased sales... More