Builders firstsource reports third quarter 2023 results and updates 2023 guidance

Irving, texas--(business wire)--builders firstsource, inc. (nyse: bldr) today reported its results for the third quarter ended september 30, 2023. third quarter 2023 highlights all year-over-year comparisons unless otherwise noted: net sales of $4.5 billion, a 21.3% decrease primarily driven by a weaker housing market and commodity deflation, partially offset by growth from acquisitions. gross profit margin percentage decreased 10 basis points to 34.9%, primarily due to core organic margin norm.
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