BMC Stock Holdings, Inc. (BMCH) Tops Q4 EPS by 3c, Offers Guidance
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BMC Stock Holdings, Inc. Announces its 2019 Fourth Quarter and Full-Year Results
February 27, 2020 7:01 AM ESTValue-Added Products and Acquisitions Drive Double-Digit Volume Growth in Fourth Quarter
Record Gross Profit and Cash Generation for 2019
Fourth Quarter 2019 Highlights
Net sales increased 3.6% to $890.6 million driven by acquisition growth of 6.1% and Core Organic Growth of 3.9%, partially offset by a decrease of 5.9% from commodity price deflationGross profit increased 2.4% to $234.6 millionNet income decreased 28.2% to $20.2 millionAdjusted EBITDA1 decreased 12.9% to $57.0 million due primarily to impacts from commodity price deflationDiluted earnings per share decreased $0.11 to $0.30 per shareAdjusted diluted... More