Bluelinx Holdings (BXC) Tops Q1 EPS by $4.61

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Go back to Bluelinx Holdings (BXC) Tops Q1 EPS by $4.61

BlueLinx Announces Record First Quarter 2022 Profitability

May 3, 2022 4:17 PM EDT

MARIETTA, Ga., May 03, 2022 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC) (the company), a leading U.S. wholesale distributor of building products, announced today results for the first quarter 2022.

FIRST QUARTER 2022 HIGHLIGHTS
(all comparisons are versus the prior year period)

Net sales increased $277 million, or 27%, to $1.3 billionGross margin of 22.3%, up 470 basis pointsDiluted earnings per share of $13.19, an increase of 110%Adjusted EBITDA of $202 million, up $96 million, or 90%Net Leverage of 0.9x and available liquidity of $421 millionIncreased... More