Bluelinx Holdings (BXC) Misses Q1 EPS by 6c, Misses on Revenue
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BlueLinx Announces First Quarter 2023 Results
May 2, 2023 4:10 PM EDTMARIETTA, Ga., May 02, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today reported financial results for the three months ended April 1, 2023.
FIRST QUARTER 2023 HIGHLIGHTS(all comparisons are versus the prior year period unless otherwise noted)
Net sales of $798 million, a decrease of $504 millionGross profit of $134 million, gross margin of 16.7% and specialty margin of 18.8%Net income of $18 million, or $1.94 diluted earnings per shareAdjusted net income of $23 million, or $2.53 adjusted diluted... More