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Bluelinx Holdings Inc   (NYSE: BXC)
Other Ticker:  
 
 
Price: $106.7200 $-0.24 -0.224%
Day's High: $109.325 Week Perf: 4.44 %
Day's Low: $ 105.85 30 Day Perf: -9.19 %
Volume (M): 64 52 Wk High: $ 134.79
Volume (M$): $ 6,819 52 Wk Avg: $109.44
Open: $108.93 52 Wk Low: $87.67



 Market Capitalization (Millions $) 914
 Shares Outstanding (Millions) 9
 Employees 2,000
 Revenues (TTM) (Millions $) 2,953
 Net Income (TTM) (Millions $) 30
 Cash Flow (TTM) (Millions $) 57
 Capital Exp. (TTM) (Millions $) 28

Bluelinx Holdings Inc
Bluelinx Holdings Inc is a leading distributor of building products in the United States. The company was founded in 1954 and is headquartered in Atlanta, Georgia. Bluelinx is an important player in the wood and wood-related products industry and has a wide range of products including structural lumber, plywood, engineered wood, roofing, insulation, siding, and composite decking materials.

Bluelinx has a vast network of distribution centers across the US that enables it to effectively serve builders and other customers nationwide. The company has around 2,000 employees and has a strong emphasis on customer service. Bluelinx aims to make it easier for its customers to build their homes by providing them with the products they need, when they need them, and at competitive prices.

Bluelinx is also dedicated to improving its sustainability practices. This is evidenced by its acquisition of EcoShake, a company that produces eco-friendly roofing materials made from recycled materials. Bluelinx also offers a range of green building products that help to reduce the environmental impact of construction projects.

Bluelinx has consistently been recognized for its outstanding performance within the building materials industry. In 2019, the company was named one of the top 50 most innovative companies in the US by Builtworlds, a leading industry publication. Its commitment to sustainability has also earned the company accolades from industry groups such as the Green Building Council, Forest Stewardship Council, and Rainforest Alliance.

Overall, Bluelinx Holdings Inc is a well-established and respected player in the building materials industry. It is known for its vast network of distribution centers, commitment to customer service, and focus on sustainability. Its continued growth and innovation are likely to keep it at the forefront of the industry for years to come.


   Company Address: 1950 Spectrum Circle Marietta 30067 GA
   Company Phone Number: 953-7000   Stock Exchange / Ticker: NYSE BXC


   

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Bluelinx Holdings Inc

Bluelinx Holdings Inc Faces Revenue Decline Despite Recent Stock Gains Amidst Tough Financial Realities


Bluelinx Holdings Inc: A Week of Gains Amid Challenging Financial Performance
In recent trading activity, Bluelinx Holdings Inc (NYSE: BXC) has recorded a solid gain of 10% over the past week, while its broader sector peers also experienced positive momentum, with BXC shares improving by 11.37%. This surge is particularly noteworthy as Bluelinx Holdings shares are currently trading 0.2% above their 52-week average, providing a glimmer of optimism for investors despite the company's recent financial hurdles.


Recent Financial Performance
Bluelinx Holdings' financial results for the second quarter of 2024 highlight critical challenges that the company has faced. The company's net profit per share dropped by an alarming 38.89%, falling to $1.65 from $2.70 a year prior. Additionally, profits decreased 17.5% from the previous reporting season, where the company reported $2.00 per share. Such declines in profitability indicate a pressure on earnings amid a competitive market landscape.

Bluelinx Holdings Inc

Bluelinx Holdings Inc Reports Decrease in Revenue of 9.01% for Q1 2024

Bluelinx Holdings Inc, a leading U.S. wholesale distributor of building products, has seen a significant improvement in its stock performance over the past three months. The stock has increased by 1.74% during this period, while its competitor BXC's stock has dropped by -12.3% in April 2024. Currently, Bluelinx Holdings Inc stock is trading on the NYSE and is 16.4% above its 52-week average.
In analyzing BXC's fiscal first quarter of 2024, the company experienced mixed results. Its earnings per share improved by 3.09% to $2.00, but its revenue decreased by -9.01% to $725.68 million compared to the previous year. Additionally, net earnings fell by -1.8% to $17.492 million. Despite these numbers, BXC's net margin actually improved to 2.41%. The company's stockpiles have increased to $370.9 million, but they remain below the previous year's level of $409.3 million. Operating earnings fell by -14.91% to $27.668 million, resulting in a decrease in Bluelinx Holding Inc's operating margin to 3.81% from 4.08% in the first quarter of 2023. However, the value of accounts receivable is still below the previous year's level.







Bluelinx Holdings Inc's Segments
Warehouse and reload    83.43 % of total Revenue
Direct    18.82 % of total Revenue
Customer discounts and rebates    -2.17 % of total Revenue
Specialty products    69.51 % of total Revenue
Structural products    30.57 % of total Revenue





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