BlueLinx Announces Fourth Quarter and Full Year 2023 Results
- ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today reported financial results for the three months and twelve months ended December 30, 2023. FOURTH QUARTER 2023 HIGHLIGHTS (all comparisons are versus the prior year period unless otherwise noted) Net sales of $713 million Gross profit of $118 million, gross margin of 16.6% and specialty gross margin of 19.4% Net loss of $18 million, or $2.08 earnings per share, primaril.
- 02/20/2024
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Letting Winners Run - Steven Cress On Alpha Picks' Outperformance
- Steven Cress discusses how Seeking Alpha's Alpha Picks portfolio has achieved a return of 114% compared to the S&P 500's 32% since its launch in July 2022. Alpha Picks is a quantamental portfolio that selects the 2 best stocks from Seeking Alpha's Quant Strong Buys on a monthly basis.
- 02/16/2024
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BlueLinx to Host Fourth Quarter and Full Year 2023 Results Conference Call and Webcast on February 21, 2024
- ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20, 2024. A conference call to discuss the Company's results will be hosted by Shyam Reddy, President and Chief Executive Officer, and Andy Wamser, Chief Financial Officer, on Wednesday, February 21, 2024, at 10:00 AM ET. A webcast of the conference call and accompanyin.
- 02/07/2024
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BlueLinx Announces Expansion of Distribution Partnership with Huber Engineered Woods
- ATLANTA, Jan. 16, 2024 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Huber Engineered Woods LLC, a subsidiary of J.M. Huber Corporation, a leading privately-held specialty building products manufacturer, are pleased to announce an expansion of their distribution partnership.
- 01/16/2024
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BlueLinx: The Market Has Yet To Price In Its Improving Margins And Coming Fed Rate Cut (Rating Upgrade)
- Although there was no revenue growth over the past 19 years, BXC is a fundamentally sound company with improving margins and returns. It is financially sound with a strong cash position and cash conversion ratio. It also had a good capital allocation track record and is a cash cow. A valuation of the company suggests a 30% margin of safety if certain assumptions, such as a 5% improvement in contribution margin and a 5% reduction in WACC, are met.
- 12/21/2023
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BlueLinx Expands LP Distribution Partnership
- ATLANTA, Nov. 14, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, are pleased to announce again an expansion of their distribution partnership. The expanded collaboration will include LP®'s SmartSide® Trim & Siding and LP® SmartSide® ExpertFinish® Trim & Siding, in BlueLinx's Seattle and Spokane, Washington branches.
- 11/14/2023
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BlueLinx Holdings Inc (BXC) Q3 2023 Earnings Call Transcript
- BlueLinx Holdings Inc (NYSE:BXC ) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Tom Morabito - Investor Relations Shyam Reddy - President, CEO Andy Wamser - SVP & CFO Conference Call Participants Greg Palm - Craig-Hallum Capital Group Reuben Garner - Benchmark Company Kurt Yinger - D.A. Davidson Jeffrey Stevenson - Loop Capital Markets Operator Call has been recorded.
- 11/01/2023
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BlueLinx Reports Third Quarter 2023 Results
- ATLANTA, Oct. 31, 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 September 30, 2023.
- 10/31/2023
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BlueLinx Announces New $100 Million Share Repurchase Authorization
- ATLANTA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, announced today that its Board of Directors has approved a new share repurchase authorization under which the Company may repurchase $100 million of its outstanding shares of common stock in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The new authorization will be funded through a combination of cash on hand and cash flow from operations. The Company completed its prior $100 million share repurchase program in early fiscal October 2023.
- 10/31/2023
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BlueLinx: This Time Looks Different
- BlueLinx is a prominent player in the building materials distribution industry in the US, serving a wide range of customers in residential and commercial construction projects. The company has improved its financials and balance sheet, with higher gross margins, strong shareholder equity, and ample liquidity. Despite potential short-term risks from a slowing housing market, BXC's long-term outlook is favorable due to its focus on repair and remodeling, which has demonstrated lower cyclicality compared to new construction.
- 10/05/2023
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These 5 Stocks Look Enticing on Cash Flow
- It is a simple formula, right? A business' profit equals its revenue minus expenses.
- 08/21/2023
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BlueLinx Welcomes Todd Skaggs as Regional Vice President
- Skaggs is a seasoned building products executive and will lead BlueLinx's West Region Skaggs is a seasoned building products executive and will lead BlueLinx's West Region
- 08/07/2023
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BlueLinx Holdings Inc. (BXC) Q2 2023 Earnings Call Transcript
- BlueLinx Holdings Inc. (NYSE:BXC ) Q2 2023 Results Conference Call August 2, 2023 10:00 AM ET Company Participants Gui Nebel - VP, Finance, Treasury Manager IR Shyam Reddy - President, CEO Kelly Janzen - CFO Conference Call Participants Greg Palm - Craig-Hallum Capital Group Kurt Yinger - D.A. Davidson Reuben Garner - Benchmark Company Operator Greetings, and welcome to the BlueLinx Second Quarter 2023 Results Conference Call.
- 08/02/2023
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BlueLinx Holdings (BXC) Misses Q2 Earnings and Revenue Estimates
- BlueLinx Holdings (BXC) came out with quarterly earnings of $2.91 per share, missing the Zacks Consensus Estimate of $3.30 per share. This compares to earnings of $7.48 per share a year ago.
- 08/01/2023
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BlueLinx Announces Second Quarter 2023 Results
- MARIETTA, Ga., Aug. 01, 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 July 1, 2023.
- 08/01/2023
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BlueLinx to Host Second Quarter 2023 Results Conference Call and Webcast on August 2, 2023
- MARIETTA, Ga., July 19, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue second quarter 2023 financial results after the market closes on Tuesday, August 1, 2023. A conference call to discuss the Company's second quarter results will be hosted by Shyam Reddy, President and Chief Executive Officer, Kelly Janzen, Senior Vice President and Chief Financial Officer, and Andy Wamser, Senior Vice President and Chief Financial Officer-Elect, on Wednesday, August 2, 2023, at 10:00 AM ET.
- 07/19/2023
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New Strong Sell Stocks for June 21st
- MEI, AMTB and BXC have been added to the Zacks Rank #5 (Strong Sell) List on June 21, 2023.
- 06/21/2023
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BlueLinx to Host First Quarter 2023 Results Conference Call and Webcast on May 3, 2023
- MARIETTA, Ga., April 19, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue first quarter 2023 financial results after the market closes on Tuesday, May 2, 2023. A conference call to discuss the Company's first quarter results will be hosted by Shyam Reddy, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, on Wednesday, May 3, 2023, at 10:00 AM ET.
- 04/19/2023
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Top 5 Industrials Stocks That Could Lead To Your Biggest Gains In March
- The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
- 03/30/2023
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Housing Market 2023 - Some Growth Picks For The Upswing In Demand
- The housing demand index is showing signs of improvement in 2023, with the highest single month jump (from January to February) in over a decade. Several high-quality growth stocks are highlighted in this article that offer the potential to benefit from the growing demand for building supplies such as lumber, specialty products, and glass.
- 03/04/2023
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BlueLinx Holdings Inc. (BXC) Q4 2022 Earnings Call Transcript
- BlueLinx Holdings Inc. (NYSE:BXC ) Q4 2022 Results Conference Call February 22, 2023 10:00 AM ET Company Participants Alexandra Lukacs - Manager of Investor Relations Dwight Gibson - President and CEO Kelly Janzen - Chief Financial Officer Conference Call Participants Danny Eggerichs - Craig Hallum Kurt Yinger - D.A. Davidson Reuben Garner - The Benchmark Company Garik Shmois - Loop Capital Markets Walt Liptak - Seaport Global Operator Greetings.
- 02/22/2023
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BlueLinx Holdings (BXC) Tops Q4 Earnings Estimates
- BlueLinx (BXC) delivered earnings and revenue surprises of 27.24% and 8.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/21/2023
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BlueLinx to Host Fourth Quarter and Full Year 2022 Results Conference Call and Webcast on February 22, 2023
- MARIETTA, Ga., Feb. 01, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue fourth quarter and full year 2022 financial results after the market closes on Tuesday, February 21, 2023. A conference call to discuss the Company's fourth quarter and full year results will be hosted by Dwight Gibson, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, on Wednesday, February 22, 2023, at 10:00 AM ET.
- 02/01/2023
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BlueLinx Holdings: Rare Combination Of Value And Growth
- A name we previously traded, dealing in lumber. Management team expanding specialty division and making strategic investments.
- 01/18/2023
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Buy 5 Top-Ranked Stocks That Have Emerged as DuPont Winners
- Want to try an out-of-the-box approach? Tap Olympic Steel (ZEUS), W.W.
- 11/28/2022
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BlueLinx (BXC) is an Incredible Growth Stock: 3 Reasons Why
- BlueLinx (BXC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 11/15/2022
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BlueLinx Holdings Inc. (BXC) Q3 2022 Earnings Call Transcript
- BlueLinx Holdings Inc. (NYSE:BXC ) Q3 2022 Earnings Conference Call November 2, 2022 10:00 AM ET Company Participants Ryan Taylor - Vice President of Investor Relations Dwight Gibson - President & Chief Executive Officer Kelly Janzen - Senior Vice President & Chief Financial Officer Conference Call Participants Danny Eggerichs - Craig-Hallum Capital Group Kurt Yinger - D.A. Davidson Reuben Garner - The Benchmark Company Jeff Stevenson - Loop Capital Markets Walt Liptak - Seaport Global Operator Greetings and welcome to the BlueLinx Holdings' Third Quarter 2022 Results Call.
- 11/02/2022
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BlueLinx: Amazing Results, 5x 2023 EPS
- BlueLinx is one of the first homebuilders to report results. And guess what? The results were really not so bad. BlueLinx's crown jewel, its Specialty business continues to tick along strongly.
- 11/02/2022
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BlueLinx Holdings (BXC) Q3 Earnings Top Estimates
- BlueLinx (BXC) delivered earnings and revenue surprises of 18.15% and 0.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/01/2022
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BlueLinx Is Building Shareholder Wealth
- BlueLinx has a record of profitable growth. With nearly half of sales in the South and West, geographically, the company is positioned in a high growth area.
- 10/12/2022
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BlueLinx Holdings: In This Nondiscerning Market This Stock Is Cheap At 7x FCF
- As investors look ahead to early 2023, BlueLinx Holdings is set up for negative y/y revenue growth rates. The only question left is how negative. This leads me to discuss the bear case facing BlueLinx Holdings, predominantly about the impact of interest rates on this business model.
- 09/19/2022
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BlueLinx Holdings: Construction And Near Cap-Gain Portfolio Wealth Builders
- These articles are intended to provide readers with equity investment subjects [stocks, ETFs, REITs] which probably may experience rising market prices in next 3-5 months: Near-term expectations only. They are drawn from a 3,000+ equity population updated daily, which infers “Institutional” [big$] investor coming-price influences from recent-past volume block-trade orders facilitated by Market-Makers.
- 08/22/2022
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3 Stocks Trading at a Discount
- To increase your chances of finding a bargain, one method is to screen the market for stocks that are trading at a discount to their estimated intrinsic values as calculated by the projected free cash flow valuation model.
- 08/18/2022
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BlueLinx Holdings: Q2 Earnings, Oozing FCF, Priced At 3x This Year's EPS
- BlueLinx Holdings' Q2 2022 results sizzle, with the company's efforts to move more of its business to higher margin specialty products. BlueLinx's free cash flow was up 113% y/y. Given the macro environment, it's difficult not to get impressed.
- 08/02/2022
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BlueLinx to Host Second Quarter 2022 Results Conference Call and Webcast on August 3, 2022
- MARIETTA, Ga., July 13, 2022 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue second quarter 2022 financial results after the market closes on Tuesday, August 2, 2022. A conference call to discuss the Company's second quarter results will be hosted by Dwight Gibson, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, on Wednesday, August 3, 2022, at 10:00 AM ET.
- 07/13/2022
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7 Stocks to Buy Now Before They Rebound
- Sometimes good stocks get beaten down on overreaction or wider selloffs. These are the top stocks to buy before they rebound.
- 07/06/2022
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BlueLinx: Repurchased ~9% Of Stock In Q2, Priced At 2X EPS
- BlueLinx stock is down nearly 30% from its recent highs. However, I don't believe this price weakness is justified. BlueLinx's recent Investor Day highlights that management has repurchased $60 million worth of stock in Q2. This returns approximately 9% of its market cap back to shareholders.
- 07/04/2022
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BlueLinx: Is This Homebuilder Stock A Buy Through A Recession?
- BlueLinx has produced another stellar quarter despite recent uncertainties in the homebuilding space. The company has done a great job managing inventory and purchasing to maintain the strong gross margins.
- 05/21/2022
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The Perpetual Money Machine Strategy
- Some investments grow without really requiring any effort from investors. The secret is to look for stocks with high ROIC.
- 05/17/2022
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BlueLinx Holdings' (BXC) CEO Dwight Gibson on Q1 2022 Results - Earnings Call Transcript
- BlueLinx Holdings Inc. (NYSE:BXC ) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Ryan Taylor – Vice President-Investor Relations Dwight Gibson – President and Chief Executive Officer Kelly Janzen – Chief Financial Officer Conference Call Participants Greg Palm – Craig-Hallum Reuben Garner – The Benchmark Company Kurt Yinger – D.A. Davidson Jeff Stevenson – Loop Capital Markets Operator Greeting, and welcome to the BlueLinx Holdings' First Quarter 2022 Results Conference Call.
- 05/04/2022
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BlueLinx to Host First Quarter 2022 Results Conference Call and Webcast on May 4, 2022
- MARIETTA, Ga., April 13, 2022 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue first quarter 2022 financial results after the market closes on Tuesday, May 3, 2022. A conference call to discuss the Company's first quarter results will be hosted by Dwight Gibson, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, on Wednesday, May 4, 2022, at 10:00 AM ET.
- 04/13/2022
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BlueLinx Stock: Well Positioned To Benefit From Lumber Pricing Increases
- BlueLinx's outlook for the early parts of 2022 points to at least double-digit growth rates.
- 03/15/2022
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Bluelinx Holdings, Inc. (BXC) CEO Dwight Gibson on Q4 2021 Results - Earnings Call Transcript
- Bluelinx Holdings, Inc. (BXC) CEO Dwight Gibson on Q4 2021 Results - Earnings Call Transcript
- 02/23/2022
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4 Crazy-Cheap Companies Trading Near Book Value
- Value investing has historically yielded above average returns to shareholders. The rotational shift from growth to value makes this a good time to invest in value companies.
- 02/14/2022
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BlueLinx to Host Fourth Quarter and Full Year 2021 Results Conference Call and Webcast on February 23, 2022
- MARIETTA, Ga., Feb. 08, 2022 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue fourth quarter and full year 2021 financial results after the market closes on Tuesday, February 22, 2022. A conference call to discuss the Company's fourth quarter and full year results will be hosted by Dwight Gibson, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, on Wednesday, February 23, 2022, at 10:00 AM ET.
- 02/08/2022
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DA Davidson Bullish On BlueLinx, Sees 26% Upside
- DA Davidson analyst Kurt Yinger initiated BlueLinx Holdings Inc. (NYSE: BXC) with a Buy rating and a price target of $102, implying an upside of 26%. The analyst says the company stands to benefit from the tailwinds that include cyclical increases in new residential construction and residential R&R activity, elevated commodity wood product prices, sustained price inflation in other building products, and tight material availability.
- 12/17/2021
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BlueLinx (BXC) Stock: Why The Price Surged Today
- The stock price of BlueLinx Holdings Inc. (NYSE: BXC) increased 31.46% today. This is why it happened.
- 11/03/2021
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Bluelinx Holdings, Inc. (BXC) CEO Dwight Gibson on Q3 2021 Results - Earnings Call Transcript
- Bluelinx Holdings, Inc. (BXC) CEO Dwight Gibson on Q3 2021 Results - Earnings Call Transcript
- 11/03/2021
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This Lesser-Known Industrial Products Company is Red-Hot -- Will it Continue?
- The wholesale distributor has fared well in the housing boom -- but will it last?
- 10/22/2021
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BlueLinx to Host Third Quarter 2021 Results Conference Call and Webcast on November 3, 2021
- MARIETTA, Ga., Oct. 20, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue third quarter 2021 financial results after the market closes on Tuesday, November 2, 2021. A conference call to discuss the Company's third quarter results will be hosted by Dwight Gibson, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, on Wednesday, November 3, 2021, at 10:00 AM ET.
- 10/20/2021
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MoistureShield Broadly Expands Throughout Northeast with Seven New BlueLinx Branches from North Carolina to Maine
- ATLANTA, Oct. 19, 2021 /PRNewswire/ -- MoistureShield ® , a division of Oldcastle APG, a CRH Company, has expanded distribution with BlueLinx branch locations in Charlotte and Raleigh NC, Denville NJ, Yaphank NY, Burlington VT, Bellingham MA, and Portland ME. Each BlueLinx location will offer the full line of MoistureShield composite decking products to its dealers.
- 10/19/2021
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BlueLinx Holdings Inc. Announces Pricing of Private Offering of Senior Secured Notes
- MARIETTA, Ga., Oct. 18, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC) (the “Company”), a leading U.S. wholesale distributor of building products, announced today that the Company has agreed to sell $300 million aggregate principal amount of its 6.00% Senior Secured Notes due 2029 (the “2029 Notes”) in a private offering to persons reasonably believed to be “qualified institutional buyers,” as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States under Regulation S under the Securities Act.
- 10/18/2021
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BlueLinx Holdings Inc. Announces Proposed Private Offering of Senior Secured Notes
- MARIETTA, Ga., Oct. 12, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC) (the “Company”), a leading U.S. wholesale distributor of building products, announced today that, subject to market and other conditions, the Company intends to offer (the “Offering”) Senior Secured Notes due 2029 generating aggregate gross proceeds of approximately $300 million. The Company's obligations under the 2029 Notes will be guaranteed by the Company's domestic subsidiaries that are co-borrowers under or guarantee the Company's ABL credit facility. The 2029 Notes and the related guarantees will be secured by a first-priority security interest in substantially all of the Company's and each guarantor's existing and future assets (other than receivables, inventory, deposit accounts, securities accounts, business interruption insurance and other related assets (the “ABL Collateral”)), subject to certain exceptions and customary permitted liens. The 2029 Notes and the related guarantees will also be secured on a second-priority basis by a lien on the ABL Collateral.
- 10/12/2021
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BlueLinx Is A Buy But Rapid Growth May Be Transitory
- BlueLinx has benefited greatly from strong demand for homes following unprecedented stimulus. There are clear challenges over the horizon for the company with government support being curbed.
- 09/24/2021
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BlueLinx Announces $25 Million Share Repurchase Program
- MARIETTA, Ga., Aug. 23, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (the “Company”) (NYSE: BXC), a leading U.S. wholesale distributor of building products, announced today that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $25 million of its outstanding shares of common stock in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Company's decision to repurchase its shares, as well as the timing of such repurchases, will depend on a variety of factors, including the ongoing assessment of the Company's capital needs, the market price of the Company's common stock, general market conditions and other corporate considerations, as determined by management. The repurchase program may be suspended or discontinued at any time.
- 08/23/2021
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BlueLinx Announces Termination of “At-The-Market” Offering of Shares of Common Stock
- MARIETTA, Ga., Aug. 23, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (the “Company”) (NYSE: BXC), a leading U.S. wholesale distributor of building products, announced today the termination of its “at-the-market” equity offering program (the “ATM Offering”) with Jefferies LLC (“Jefferies”) as sales agent. The Company elected to terminate the ATM Offering given its ample liquidity and to limit uncertainty and unfavorable dilution for its shareholders.
- 08/23/2021
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BlueLinx Holdings Inc. (BXC) CEO Dwight Gibson on Q2 2021 Results - Earnings Call Transcript
- BlueLinx Holdings Inc. (BXC) CEO Dwight Gibson on Q2 2021 Results - Earnings Call Transcript
- 08/04/2021
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BXC Stock Price Increases Over 12% Pre-Market: Why It Happened
- The stock price of BlueLinx Holdings Inc. (NYSE: BXC) increased by over 12% pre-market. This is why it happened.
- 08/04/2021
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BlueLinx Announces Second Quarter 2021 Results
- Record Net Income and Adjusted EBITDA TTM Net Sales, Net Income and Adjusted EBITDA of $4.1 billion, $250 million, and $392 million, respectively Strong Financial Performance Supports Significantly Improved Balance Sheet
- 08/03/2021
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BlueLinx Amends and Extends Its Senior Secured Revolving Credit Facility
- MARIETTA, Ga., Aug. 03, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (the “Company”) (NYSE: BXC), a leading U.S. wholesale distributor of building products, announced today that it has entered into an amendment to its $600 million Senior Secured Revolving Credit Agreement to, among other things, extend the maturity date of the facility from October 10, 2022, to August 2, 2026, reduce the interest rate on borrowings under the facility, and provide more covenant flexibility. The amended credit facility is available to the Company for working capital financing, capital expenditures, the issuance of letters of credit, permitted acquisitions, and general corporate purposes.
- 08/03/2021
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Why BlueLinx Has 55% Upside And Is A Possible Takeover Target
- BlueLinx looks cheap at just 4.1x EBITDA relative to the historical 8-13x level for peers. Strong deleveraging, as well as momentum in cost containment and broadening products & services, continue to drive the bull run.
- 07/15/2021
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BlueLinx Holdings: Upcoming Results Will Surprise You
- The company's revenue showed an increase of 54.9% compared to Q1 2020 and exceeded analysts' expectations. BlueLinx Holdings shares have a unique opportunity to reach $50 soon due to upcoming strong results for 2Q 2021, successful deleveraging, and significant housing demand.
- 07/13/2021
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BlueLinx Holdings: Not Undervalued Anymore
- BlueLinx maybe fully priced at current levels.
- 05/14/2021
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BlueLinx Holdings Inc. (BXC) CEO Mitch Lewis on Q1 2021 Results - Earnings Call Transcript
- BlueLinx Holdings Inc. (BXC) CEO Mitch Lewis on Q1 2021 Results - Earnings Call Transcript
- 05/05/2021
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BlueLinx Announces First Quarter 2021 Results
- Net Sales Exceed $1 billion, Highest Q1 Since 2006 Record Net Income of $62 million and Adjusted EBITDA of $107 million More than $100 million decrease in Total Outstanding Bank Debt year over year
- 05/04/2021
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BlueLinx Announces CEO Succession
- Mitchell B. Lewis to Retire; Will Remain a Director on the Board Dwight A.K. Gibson Named Incoming President and CEO, Effective June 7, 2021
- 04/21/2021
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BlueLinx to Host First Quarter 2021 Results Conference Call and Webcast
- MARIETTA, Ga., April 20, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue first quarter 2021 financial results after the market closes on Tuesday, May 4, 2021. A conference call to discuss the Company's first quarter will be hosted by Mitch Lewis, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, on Wednesday, May 5, 2021, at 10:00 AM ET. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the BlueLinx website at http://bluelinxco.com/webcast-presentations, and a replay of the webcast will be available at the same site shortly after the webcast is complete.
- 04/20/2021
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BlueLinx Holdings: Primed And Ready For An Expansion After Deleveraging
- The general improvement in the market condition contributes to BlueLinx Holdings' exponential growth.
- 04/19/2021
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BlueLinx Announces Full Repayment of Term Loan
- MARIETTA, Ga., April 05, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in the United States, today announced that the Company repaid the outstanding principal balance under its term loan facility of approximately $16 million on April 2, 2021. The payment was funded through existing availability under the Company's revolving credit facility.
- 04/05/2021
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BlueLinx Holdings Inc. (BXC) CEO Mitch Lewis on Q4 2020 Results - Earnings Call Transcript
- BlueLinx Holdings Inc. (BXC) CEO Mitch Lewis on Q4 2020 Results - Earnings Call Transcript
- 03/04/2021
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BlueLinx Announces Fourth Quarter and Full Year 2020 Results
- Strong Finish to a Record Year with Net Sales of $865 Million and Net Income of $20 Million in Q4'20 Full Year Adjusted EBITDA of $170 Million, Highest in BlueLinx's History Significant Balance Sheet Transformation - 30% decrease in Total Bank Debt in 2020
- 03/03/2021
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BlueLinx Announces Appointment of Carol B. Yancey to Board of Directors
- MARIETTA, Ga., Feb. 11, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, today announced that Carol B. Yancey, the Executive Vice President and Chief Financial Officer of Genuine Parts Co. (“GPC”), a company listed on the New York Stock Exchange, has been appointed to BlueLinx's Board of Directors, effective February 15, 2021. In addition, Carol will serve as a member of the board's audit and nominating and corporate governance committees for the duration of her term.
- 02/11/2021
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BlueLinx to Host Fourth Quarter 2020 Results Conference Call and Webcast
- MARIETTA, Ga., Feb. 10, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in the United States, will issue fourth quarter and full year 2020 financial results after the market closes on Wednesday, March 3, 2021. A conference call to discuss the Company's fourth quarter and full year results will be hosted by Mitch Lewis, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, on Thursday, March 4, 2021, at 10:00 AM ET. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the BlueLinx website at http://bluelinxco.com/webcast-presentations, and a replay of the webcast will be available at the same site shortly after the webcast is complete.
- 02/10/2021
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BlueLinx (BXC) Stock Has Risen 95% in Last One Year, Outperforms Market
- If you are looking for the best ideas for your portfolio you may want to consider some of Greenhaven Road Capital's top stock picks. Greenhaven Road Capital, an investment management firm, is bullish on BlueLinx Holdings Inc. (NYSE:BXC) stock. In its Q3 2019 investor letter – you can download a copy here – the firm discussed its investment thesis on BlueLinx Holdings Inc. (NYSE:BXC) stock. BlueLinx Holdings Inc. (NYSE:BXC) is a leading wholesale distributor of building and industrial products.
- 11/19/2020
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BlueLinx Holdings Inc. (BXC) CEO Mitch Lewis on Q3 2020 Results - Earnings Call Transcript
- BlueLinx Holdings Inc. (BXC) CEO Mitch Lewis on Q3 2020 Results - Earnings Call Transcript
- 11/01/2020
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BlueLinx Holdings (BXC) Beats Q3 Earnings and Revenue Estimates
- BlueLinx (BXC) delivered earnings and revenue surprises of 460.67% and 7.00%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
- 10/28/2020
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BlueLinx Announces Third Quarter 2020 Results
- Net Sales of $871 million generating Net Income of $55 million Record Adjusted EBITDA of $81 million compared to $19 million in Q3 2019 $181 million Decrease in Total Outstanding Bank Debt since Q3 2019
- 10/28/2020
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BlueLinx announces closing of sale-leaseback transaction
- BlueLinx Holdings Inc. has completed a sale-leaseback transaction for its owned distribution facility in Denver, Colorado, for net cash proceeds of $10.6 million. The transaction closed on August 14, 2020, and as a part of the transaction, the сompany entered into a lease agreement for the property with multiple renewal options, demonstrating its long-term commitment to this local market.
- 08/19/2020
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BlueLinx Announces Closing of Sale-Leaseback Transaction
- MARIETTA, Ga., Aug. 17, 2020 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed a sale-leaseback transaction for its owned distribution facility in Denver, Colorado, for net cash proceeds of $10.6 million. The transaction closed on August 14, 2020, and as a part of the transaction, the Company entered into a lease agreement for the property with multiple renewal options, demonstrating its long-term commitment to this local market. Net proceeds from the sale-leaseback transaction were used to repay indebtedness under the Company’s term loan. Following this repayment, the balance of the Company’s term loan was approximately $57.8 million. As previously announced, the Company will no longer be subject to the term loan facility’s total net leverage ratio covenant as long as the principal balance level under the facility is less than $45 million.Management CommentaryMitch Lewis, President and Chief Executive Officer, stated, “I am very pleased to announce the closing of this latest sale-leaseback transaction, which generated meaningful net cash proceeds for debt repayment. We remain in active and ongoing discussions on other opportunities to monetize our owned real estate portfolio as we continue to aggressively pursue our deleveraging strategy.”About BlueLinx Holdings Inc.BlueLinx (NYSE: BXC) is a leading wholesale distributor of building and industrial products in the United States with over 50,000 branded and private-label SKUs, and a broad distribution footprint servicing 40 states. BlueLinx has a differentiated distribution platform, value-driven business model and extensive cache of products across the building products industry. Headquartered in Marietta, Georgia, BlueLinx has approximately 2,000 associates and distributes its comprehensive range of structural and specialty products to approximately 15,000 national, regional, and local dealers, as well as specialty distributors, national home centers, industrial, and manufactured housing customers. BlueLinx encourages investors to visit its website, www.BlueLinxCo.com, which is updated regularly with financial and other important information about BlueLinx.ContactsKelly C. Janzen, SVP, CFO & Treasurer BlueLinx Holdings Inc. (770) 953-7000Mary Moll, Investor Relations (866) 671-5138 investor@bluelinxco.comForward-Looking StatementsThis press release contains forward-looking statements. Forward-looking statements include, without limitation, any statement that predicts, forecasts, indicates or implies future results, performance, liquidity levels or achievements, and may contain the words “believe,” “anticipate,” “expect,” “estimate,” “intend,” “project,” “plan,” “will be,” “will likely continue,” “will likely result” or words or phrases of similar meaning. The forward-looking statements in this press release include statements about discussions regarding opportunities to monetize our owned real estate portfolio.Forward-looking statements in this press release are based on estimates and assumptions made by our management that, although believed by us to be reasonable, are inherently uncertain. Forward-looking statements involve risks and uncertainties that may cause our business, strategy, or actual results to differ materially from the forward-looking statements. These risks and uncertainties include those listed under the heading “Risk Factors” in Item 1A of our Annual Report on Form 10-K for the year ended December 28, 2019, and those discussed in our Quarterly Reports on Form 10-Q and in our periodic reports filed with the SEC from time to time. We operate in a changing environment in which new risks can emerge from time to time. It is not possible for management to predict all of these risks, nor can it assess the extent to which any factor, or a combination of factors, may cause our business, strategy, or actual results to differ materially from those contained in forward-looking statements. Factors that may cause these differences include, among other things: the COVID-19 pandemic and other contagious illness outbreaks and their potential effects on our industry, suppliers and supply chain, and customers, and our business, results of operations, cash flows, financial condition, and future prospects; our ability to integrate and realize anticipated synergies from acquisitions; loss of material customers, suppliers, or product lines in connection with acquisitions; operational disruption in connection with the integration of acquisitions; our indebtedness and its related limitations; sufficiency of cash flows and capital resources; our ability to monetize real estate assets; fluctuations in commodity prices; adverse housing market conditions; disintermediation by customers and suppliers; changes in prices, supply and/or demand for our products; inventory management; competitive industry pressures; industry consolidation; product shortages; loss of and dependence on key suppliers and manufacturers; import taxes and costs, including new or increased tariffs, anti-dumping duties, countervailing duties, or similar duties; our ability to successfully implement our strategic initiatives; fluctuations in operating results; sale-leaseback transactions and their effects; real estate leases; changes in interest rates; exposure to product liability claims; our ability to complete offerings under our shelf registration statement on favorable terms, or at all; changes in our product mix; petroleum prices; information technology security and business interruption risks; litigation and legal proceedings; natural disasters and unexpected events; activities of activist stockholders; labor and union matters; limits on net operating loss carryovers; pension plan assumptions and liabilities; risks related to our internal controls; retention of associates and key personnel; federal, state, local and other regulations, including environmental laws and regulations; and changes in accounting principles. Given these risks and uncertainties, we caution you not to place undue reliance on forward-looking statements. We expressly disclaim any obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.
- 08/17/2020
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New Strong Buy Stocks For August 17th
- New Strong Buy Stocks For August 17th
- 08/17/2020
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The Zacks Analyst Blog Highlights: M.D.C. Holdings, TopBuild, Gibraltar Industries, Norbord and BlueLinx Holdings
- The Zacks Analyst Blog Highlights: M.D.C. Holdings, TopBuild, Gibraltar Industries, Norbord and BlueLinx Holdings
- 08/11/2020
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Insider Buying: BlueLinx Holdings Inc. (NYSE:BXC) Director Acquires $489,500.00 in Stock
- BlueLinx Holdings Inc. (NYSE:BXC) Director Kim S. Fennebresque acquired 25,000 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was acquired at an average cost of $19.58 per share, with a total value of $489,500.00. Following the acquisition, the director now owns 54,850 shares of the company’s stock, valued at […]
- 08/11/2020
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BlueLinx"s 2Q sales down to $699 million
- BlueLinx Holdings Inc. reported net sales of $699 million for the 2Q 2020, compared to $706 million for the prior year period. Net sales were up $9 million when excluding $16 million from the prior year period related to the discontinued siding line.
- 08/10/2020
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Surging Earnings Estimates Signal Upside for BlueLinx (BXC) Stock
- BlueLinx (BXC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 08/07/2020
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Why BlueLinx (BXC) Stock Might be a Great Pick
- BlueLinx (BXC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 08/06/2020
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BlueLinx Announces Distribution of LP® SmartSide® Products in the Northeast U.S.
- MARIETTA, Ga., Aug. 05, 2020 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the U.S., today announced a new distribution agreement with LP Building Solutions (LP) in Northeast U.S. markets. BlueLinx will now distribute LP® SmartSide® and LP® SmartSide® ExpertFinish® Trim & Siding from its Bellingham, MA; Buffalo, NY; Burlington, VT; Denville, NJ; Long Island, NY; Pittsburgh, PA; and Portland, ME facilities. “BlueLinx is committed to providing excellent service to our customers while providing the highest quality products available,” said BlueLinx Regional Vice President Tom Ciarletta. “Our agreement with LP to provide SmartSide and ExpertFinish Trim & Siding expands our siding offering to our customers, giving them innovative products, building solutions, and excellent sales support,” continued Mr. Ciarletta.“We are excited about our continued relationship with BlueLinx,” said LP Northeast General Sales Manager Mike Nutile. “Their management, sales teams, and distribution centers align well with our growth strategy to provide the industry with building solutions that drive more efficient installations, increased jobsite workability, and beautiful aesthetics.”About BlueLinx Holdings Inc. BlueLinx (NYSE:BXC) is a leading wholesale distributor of building and industrial products in the United States with over 50,000 branded and private-label SKUs, and a broad distribution footprint servicing 40 states. BlueLinx has a differentiated distribution platform, value-driven business model and extensive cache of products across the building products industry. Headquartered in Marietta, Georgia, BlueLinx has over 2,000 associates and distributes its comprehensive range of structural and specialty products to approximately 15,000 national, regional, and local dealers, as well as specialty distributors, national home centers, industrial, and manufactured housing customers. BlueLinx encourages investors to visit its website, www.BlueLinxCo.com, which is updated regularly with financial and other important information about BlueLinx.About LP Building Solutions As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders worldwide. Its extensive offerings include innovative and dependable building products and accessories, such as the LP Structural Solutions portfolio (LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® TechShield® Radiant Barrier, LP® FlameBlock® Fire-Rated Sheathing and more), oriented strand board (OSB), LP® TopNotch® Sub-Flooring, LP® SmartSide® Trim & Siding, LP® Outdoor Building Solutions®, and LP Elements® Performance Fencing. In addition to product solutions, LP provides industry-leading service and warranties. Since its founding in 1973, LP has been Building a Better World™ by helping customers construct beautiful, durable homes. Headquartered in Nashville, Tennessee, LP operates 25 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.Contacts:InvestorsMary Moll, Investor Relations BlueLinx Holdings Inc. (866) 671-5138 investor@bluelinxco.comCustomers / VendorsMike Wilson, VP of Purchasing BlueLinx Holdings Inc. 770-953-7000
- 08/05/2020
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LP Reports Second Quarter 2020 Results and Announces Quarterly Dividend
- Louisiana-Pacific Corp. (NYSE: LPX) today reported its financial results for the three months ended June 30, 2020 and declared a quarterly dividend.
- 08/04/2020
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BlueLinx Holdings (BXC) Beats Q2 Earnings and Revenue Estimates
- BlueLinx (BXC) delivered earnings and revenue surprises of 273.17% and 12.87%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 08/03/2020
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BlueLinx Announces 2020 Second Quarter Financial Results
- MARIETTA, Ga., Aug. 03, 2020 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, today reported financial results for the fiscal second quarter ended June 27, 2020, and provided a business update and review of current market conditions related to the COVID-19 pandemic. 2020 Second Quarter Financial Highlights (all comparisons to prior year period) * Net sales of $699 million, compared to $706 million * Gross margin increased 110 basis points to 14.4%, compared to 13.3% * Net income of $7 million, compared to $6 million * Adjusted EBITDA of $31 million, compared to $25 million * Debt under the term loan and revolving credit facility reduced by $125 million * Excess availability and cash on hand of $138 million, up $37 million “Our strong second quarter results validate the positive impact we have realized from the operational improvements we began in the second half of 2019 and accelerated earlier this year. We gained momentum as the quarter progressed, experiencing increased demand and an improving structural products commodity market compared to the lower sales volume and gross margins we saw in April due to the pandemic,” Mitch Lewis, President and Chief Executive Officer, stated. “The market recovery through the quarter resulted in relatively flat net sales compared to last year, while we continued our positive trends recording gross margin improvement and growing Adjusted EBITDA by 24% to $31 million compared to $25 million last year.”Mr. Lewis continued, “The numerous actions we undertook in response to the COVID-19 pandemic also contributed to the successful financial results this quarter. Ensuring a safe and healthy workplace environment for our associates continues to be our highest priority. I am proud of how well our associates have managed the challenges and opportunities that have arisen during these trying times and we are focused on continuing to effectively support our nation’s essential infrastructure needs in partnership with our customers and suppliers.”2020 Second Quarter Financial Results ReviewThe Company reported net sales of $699 million for the second quarter of 2020, compared to $706 million for the prior year period. Net sales were up $9 million when excluding $16 million from the prior year period related to the discontinued siding line. Net sales were positively impacted by higher commodity prices, with $14 million of net sales growth attributable to commodity price inflation in the current period.The Company recorded gross profit of $101 million during the second quarter, compared to $94 million in the prior year period, with a gross margin of 14.4% compared to 13.3% in the prior year period.The Company recorded net income of $7 million for the second quarter, compared to $6 million in the prior year period. Second quarter 2020 net income includes one-time items totaling $3 million for restructuring, share-based compensation expense, and integration related charges. Net income in the prior year period included one-time gains from sales of real property of $10 million offset by one-time integration related charges, restructuring costs, and share-based compensation expense totaling $6 million. Excluding these one-time items, net income increased by $8 million year over year.Adjusted EBITDA, which is a non-GAAP measure, was $31 million for the second quarter, compared to $25 million in the prior year period, up $6 million or 24%.Cash provided by operating activities was $72 million, an improvement of $60 million over the prior year period, mainly attributable to improvement in gross profit and a net working capital reduction of approximately $43 million. Excess availability under the revolving credit facility and cash on hand was approximately $138 million as of quarter end, compared to $101 million as of the end of the prior year period.First Six Months of 2020 Financial Results ReviewThe Company reported net sales of $1.4 billion in the first six months of 2020, compared to $1.3 billion in the prior year period. Net sales were up $64 million or 5% when excluding $48 million from the prior year period related to the discontinued siding line. The Company recorded gross profit of $194 million during the first six months of 2020, compared to $180 million in the prior year period, with a gross margin of 14.3% compared to 13.4% in the prior year period, up 90 basis points.The Company recorded net income of $6 million for the first six months of 2020, compared to a net loss of $0.4 million in the prior year period. Net income for the first six months of 2020 includes one-time items totaling $8 million for restructuring, share-based compensation, integration related costs, and gains from sales of real property. Net income from the prior year period included one-time items totaling $12 million for integration related charges, restructuring charges, and share-based compensation expense, offset by $10 million for one-time gains from sales of real property. Excluding these one-time items, net income increased by $12 million over the prior year period.Adjusted EBITDA was $51 million for the first six months of 2020, compared to $42 million in the prior year period, up $9 million or 21%.Cash provided by operating activities was $13 million, an improvement of $66 million over the prior year period, mainly attributable to improvement in gross profit and a net working capital reduction of approximately $28 million.Business Update and Review of Market ConditionsAs of the date of this release, our markets are still in various stages of re-opening following the shelter-in-place and non-essential business closure orders that were implemented in March and April. Infection, hospitalization and mortality rates from COVID-19 remain significant, and the Company cannot predict the trajectory of the virus over the remainder of 2020 and beyond. We expect that the pandemic, and business and social restrictions stemming from the pandemic, will continue to affect the broader economy, and potentially the U.S. housing industry.While the long-term economic impacts of COVID-19 remain uncertain, to date the residential building products industry has proven to be resilient, rebounding from the significant declines experienced earlier during the pandemic. The Company has remained an “essential” business in all states in which it operates, allowing us to serve our customers while following strict health safety protocols across all our operations as recommended by the Centers for Disease Control and Prevention and state and local governments. During the quarter, our cross-functional COVID-19 Disaster Response Team implemented safety and hygiene protocols consistent with CDC and local guidance, and we took action on plans designed to reduce our cost structure, strengthen our balance sheet, and further increase liquidity in response to the pandemic.Market conditions have improved with increases in single family housing starts, the return of the Builder’s Confidence Index to pre COVID-19 levels, and continued strong commodity markets. Cost containment actions and improvements to managing working capital not only contributed to the Company’s successful financial results in the second quarter but should also produce long-term, sustainable benefits.During July, the Company’s sales volumes were positive relative to the prior year period, with increases in sales volume in both the structural and specialty categories. The Company also experienced July gross margins above its historical averages. This improvement was primarily driven by the increase in market pricing for structural products, which is currently trending well above July 2019 levels, but which may fluctuate significantly over the remainder of the quarter depending on various factors, including the impact of the pandemic on current market conditions. 2020 Second Quarter Conference Call with Accompanying Slide PresentationBlueLinx will host a conference call on August 4, 2020, at 10:00 a.m. Eastern Time, accompanied by a supporting slide presentation.Participants can access the live conference call via telephone at (877) 873-5864, using Conference ID 3795155. Investors will also be able to access an archived audio recording of the conference call for one week following the live call by dialing (404) 537 3406, Conference ID 3795155.Investors can also listen to the live audio of the conference call and view the accompanying slide presentation by visiting the BlueLinx website, www.BlueLinxCo.com, and selecting the conference link on the Investor Relations page. After the conference call has concluded, an archived recording will be available on the BlueLinx website.Use of Non-GAAP MeasuresThe Company reports its financial results in accordance with GAAP. The Company also believes that presentation of certain non-GAAP measures may be useful to investors and may provide a more complete understanding of the factors and trends affecting the business than using reported GAAP results alone. Any non-GAAP measures used herein are reconciled to their most directly comparable GAAP measures herein or in the financial tables accompanying this news release. The Company cautions that non-GAAP measures should be considered in addition to, but not as a substitute for, the Company’s reported GAAP results.
- 08/03/2020
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Analysts Estimate BlueLinx Holdings (BXC) to Report a Decline in Earnings: What to Look Out for
- BlueLinx (BXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/28/2020
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BlueLinx Holdings Inc. (BXC) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in BlueLinx Holdings Inc. (BXC).
- 07/23/2020
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The Zacks Analyst Blog Highlights: Meritage Homes, Boise Cascade, PGT Innovations, BlueLinx and Norbord
- The Zacks Analyst Blog Highlights: Meritage Homes, Boise Cascade, PGT Innovations, BlueLinx and Norbord
- 07/22/2020
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BlueLinx Holdings Inc. to Post Q2 2020 Earnings of ($0.41) Per Share, B. Riley Forecasts (NYSE:BXC)
- BlueLinx Holdings Inc. (NYSE:BXC) – Equities research analysts at B. Riley cut their Q2 2020 EPS estimates for BlueLinx in a research report issued to clients and investors on Wednesday, July 15th. B. Riley analyst A. Rygiel now forecasts that the construction company will post earnings of ($0.41) per share for the quarter, down from […]
- 07/19/2020
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All You Need to Know About BlueLinx (BXC) Rating Upgrade to Buy
- BlueLinx (BXC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
- 07/17/2020
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BlueLinx to Host Second Quarter 2020 Financial Results Conference Call and Webcast | MarketScreener
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BlueLinx to Host Second Quarter 2020 Financial Results Conference Call and Webcast
- MARIETTA, Ga., July 14, 2020 -- BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building and industrial products in the United States, will host a conference call.
- 07/14/2020
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World Particle Board Market Analysis, Forecast, Size, Trends and Insights to 2025 - ResearchAndMarkets.com
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US employers take back 4.8 million workers as coronavirus threatens economic recovery
- US sees second consecutive month of jobs growth, but latest figures are from before new surges in infections that threaten the fragile recovery
- 07/02/2020
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North American softwood lumber prices finish reversing direction after firm uplift
- Sales of Western-Spruce-Pine-Fir construction framing dimension softwood lumber in the United States took a step back last week as civil unrest around the country led to most buyers taking a circumspect approach, by sitting on whatever inventory they had. Construction in the Western portion of the US continued to ramp up, albeit more slowly, as overall economic activity was tamped down by protests. In Canada, meanwhile, demand from the most important markets in the US slowed to a crawl.
- 06/11/2020
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Hedge Funds Cashing Out Of BlueLinx Holdings Inc. (BXC)
- The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
- 06/11/2020
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Edited Transcript of BXC earnings conference call or presentation 6-May-20 2:00pm GMT
- Q1 2020 BlueLinx Holdings Inc Earnings Call
- 06/05/2020
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Solas Capital Management, LLC Buys SWK Holdings Corp, Marathon Petroleum Corp, Cheesecake ...
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70 Biggest Movers From Yesterday
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71 Biggest Movers From Friday
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Bluelinx Holdings Inc (BXC) SVP, CFO AND TREASURER Kelly Janzen Bought $8…,–…… of Shares
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BlueLinx Holdings Inc. (BXC) CEO Mitchell Lewis on Q1 2020 Results - Earnings Call Transcript
- BlueLinx Holdings Inc. (NYSE:BXC) Q1 2020 Earnings Conference Call May 06, 2020 10:00 AM ET Company Participants Mary Moll - Director of Investor Relations Mitc
- 05/09/2020
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BlueLinx Holdings (BXC) Reports Q1 Loss, Misses Revenue Estimates
- BlueLinx (BXC) delivered earnings and revenue surprises of 78.95% and -0.05%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 05/06/2020
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BlueLinx Holdings (BXC) Reports Q1 Loss, Misses Revenue Estimates
- Stocks Analysis by Zacks Investment Research covering: S&P 500. Read Zacks Investment Research's latest article on Investing.com
- 05/06/2020
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BlueLinx Hldgs Q1 EPS $(0.080) Beats $(0.380) Estimate, Sales $662.000M Miss $662.400M Estimate
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BlueLinx Announces 2020 First Quarter Financial Results
- MARIETTA, Ga., May 05, 2020 -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, today reported financial.
- 05/05/2020
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LP Reports First Quarter 2020 Results, Announces Quarterly Dividend, and Discusses Liquidity and COVID-19 Pandemic Response
- LP today reported its financial results for the quarter ended March 31, 2020 and provided an update on liquidity and COVID-19 pandemic response.
- 05/05/2020
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Patent Filings Roundup: ‘Something in the Water’ with Sharp Spike in District Court Filings
- While Patent Trial and Appeal Board filings were up slightly this week, the district courts—particularly the Texas branches—had a banner week, with 127 new patent filings—54 of which were filed Friday, April 24 alone.
- 04/29/2020
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82 Biggest Movers From Yesterday
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Syndax Pharmaceuticals, Inc. (NASDAQ: SNDX) shares climbed 69.4% to close at $19.50 on Tuesday after the company presented positive preclinical and initial clinical data...
- 04/29/2020
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BlueLinx Says Received Notice From NYSE Indicating Co. Is Not In Compliance With Listing Standards
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BlueLinx NYSE Listing Standards Announcement
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today announced that it received written notice from the New York Stock Exchange (NYSE) that the Company is not in compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual because its average market capitalization has been less than $50 million over a consecutive 30 trading-day period and its last reported stockholders' equity was below $50 million. Prior to the significant stock market decline triggered by the COVID-19 pandemic, the Company’s market capitalization was above $50 million.
- 04/28/2020
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Analysts Estimate BlueLinx Holdings (BXC) to Report a Decline in Earnings: What to Look Out for
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10 Biggest Price Target Changes For Thursday
- Stephens & Co. reduced Caterpillar Inc. (NYSE: CAT) price target from $100 to $80. Caterpillar shares closed at $127.40 on Wednesday.
Evercore ISI Group lowered the price...
- 04/09/2020
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86 Biggest Movers From Yesterday
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Moleculin Biotech Inc (NASDAQ: MBRX) shares jumped 125.7% to close at $1.27 on Wednesday after it said that independent research found 2-deoxy-D-glucose (2-DG)to reduce...
- 04/09/2020
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B. Riley Downgrades BlueLinx Hldgs to Neutral, Lowers Price Target to $6
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65 Stocks Moving In Wednesday's Mid-Day Session
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Moleculin Biotech Inc (NASDAQ: MBRX) shares climbed 174% to $1.54 after it said that independent research found 2-deoxy-D-glucose (2-DG)to reduce replication of...
- 04/08/2020
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BlueLinx Says Has Not Experienced Any Significant Supply Chain Disruptions From Coronavirus Pandemic
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BlueLinx Provides Business Update Regarding the Impact of COVID-19
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today provided an update on actions that it is taking to strengthen the Company’s operating position in response to the COVID-19 pandemic. “The pandemic has rapidly evolved, but we are evolving with it,” said Mitch Lewis, President and Chief Executive Officer.
- 04/07/2020
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BlueLinx reports Q1 preliminary net sales up 9% year-over-year BXC
- BlueLinx reports Q1 preliminary net sales up 9% year-over-year BXC
- 04/07/2020
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BlueLinx Sees Q1 Net Sales Up 9% Year Over Year; Notes Cash On Hand At End Of Qtr. $95M-$100M
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Edited Transcript of BXC earnings conference call or presentation 11-Mar-20 2:00pm GMT
- Q4 2019 BlueLinx Holdings Inc Earnings Call
- 03/26/2020
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Coronavirus: Atlanta CEO cuts his salary from $70,000 a month to $1
- BlueLinx's Mitchell Lewis joins a growing list if big company CEOs taking voluntary pay cuts as the coronavirus pandemic pounds the U.S. economy.
- 03/23/2020
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Bluelinx Holdings (BXC) Receives a Buy from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Buy rating on Bluelinx Holdings (BXC), with a price target of $9.00. The company's
- 03/17/2020
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Bluelinx Holdings (BXC) Receives a Buy from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Buy rating on Bluelinx Holdings (BXC – Research
- 03/17/2020
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B. Riley FBR Maintains Buy on BlueLinx Hldgs, Lowers Price Target to $9
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144 Biggest Movers From Friday
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Contura Energy, Inc. (NYSE: CTRA) shares surged 64.7% to close at $4.89 on Friday. Contura is expected to release Q4 results on March 18.
Exterran Corporation (NYSE: EXTN...
- 03/16/2020
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88 Stocks Moving In Friday's Mid-Day Session
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CorePoint Lodging Inc. (NYSE: CPLG) gained 55.6% to $5.29 after the company reported results for its fourth quarter.
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- 03/13/2020
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B.Riley FBR Sticks to Its Buy Rating for Bluelinx Holdings (BXC)
- B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on Bluelinx Holdings (BXC) today and set a price target of $13.00. The company's shares closed
- 03/12/2020
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B. Riley FBR Maintains Buy on BlueLinx Hldgs, Lowers Price Target to $13
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Stocks That Hit 52-Week Lows On Wednesday
- During Wednesday's morning session, 690 stocks hit new 52-week lows.
Intriguing Points:
Boeing (NYSE: BA) was the biggest company on a market cap basis to set a new...
- 03/11/2020
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BlueLinx Holdings, Inc. to Host Earnings Call
- NEW YORK, NY / ACCESSWIRE / March 11, 2020 / BlueLinx Holdings, Inc. (NYSE:BXC) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 11, 2020 at 10:00 ...
- 03/11/2020
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Solas Capital Management, LLC Buys Epsilon Energy, Earthstone Energy Inc, Build-A-Bear Workshop ...
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BlueLinx Announces Retirement of Chief Financial OfficerAnd Appointment of New Chief Financial Officer
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, announced today that Susan O’Farrell, its Senior Vice President, Chief Financial Officer, and Treasurer, will be retiring after 35 years of work, including almost six years in her role with the
- 03/10/2020
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BlueLinx Announces 2019 Fourth Quarter Financial Results
- MARIETTA, Ga., March 10, 2020 -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, today reported financial.
- 03/10/2020
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Earnings Scheduled For March 10, 2020
- Companies Reporting Before The Bell DICK'S Sporting Goods, Inc. (NYSE: DKS) is projected to report quarterly earnings at $1.22 per share on revenue of …
- 03/10/2020
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BlueLinx Reports CFO, Treasurer Susan O'Farrell To Retire; Names Kelly Janzen Replacement
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Louisiana-Pacific Siding Business Aids, Low Volume Ails
- Louisiana-Pacific's (LPX) strong Siding business, strategic investments and business transformation plan have been driving growth. However, lower OSB volumes and higher costs and expenses pose risks.
- 03/09/2020
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100 Biggest Movers From Friday
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Solas Capital Management, LLC Buys Epsilon Energy, Earthstone Energy Inc, Build-A-Bear Workshop ...
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BlueLinx Announces Completion of Sale-Leaseback Transaction and Amendment to Term Loan
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed a sale-leaseback transaction for its distribution facilities in Elkhart, Indiana, for net cash proceeds of $7.5 million. The transaction closed on February 28, 2020, and as a part of the transaction, the Company entered into a lease agreement for the property for an initial term of 15 years, with multiple renewal options, demonstrating its long-term commitment to this local market. Net proceeds from the sale-leaseback transaction were used to repay indebtedness under the Company’s term loan.
- 03/04/2020
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BlueLinx Announces Completion of Sale-Leaseback Transaction and Amendment to Term Loan
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Activist Investors Make Moves in Chipotle Mexican Grill, Tivity Health, and 3 Other Stocks
- Activist filings with the SEC on Berry Global Group, Chipotle Mexican Grill, and three other companies
- 02/29/2020
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BlueLinx to Host Fourth Quarter 2019 Financial Results Conference Call and Webcast
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, will host a conference call and webcast to discuss the company’s fourth quarter and full year 2019 financial results on Wednesday, March 11th, at 10:00 a.m. Eastern Time. The company’s press release announcing its financial results will be made available after the market closes on Tuesday, March 10th, under Press Releases in the Investor Relations section of the BlueLinx website, at www.BlueLinxCo.com. During the call, Mitch Lewis, Chief Executive Officer, and Susan O'Farrell, Chief Financial Officer and Treasurer, will discuss the company's financial results for the fourth quarter and full year.
- 02/26/2020
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80 Biggest Movers From Yesterday
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Nemaura Medical Inc. (NASDAQ: NMRD) shares jumped 77.4% to close at $5.80 on Tuesday.
Cocrystal Pharma Inc (NASDAQ: COCP) shares surged 64.7% to close at $2.19 on...
- 02/26/2020
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BlueLinx to Host Fourth Quarter —…–9 Financial Results Conference Call and Webcast
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55 Stocks Moving In Tuesday's Mid-Day Session
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Cocrystal Pharma Inc (NASDAQ: COCP) climbed 79% to $2.38 S
Mallinckrodt plc (NYSE: MNK) climbed 33.6% to $5.57 after the company announced a global opioid settlement...
- 02/25/2020
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22 Stocks Moving in Tuesday's Pre-Market Session
- Gainers
Mallinckrodt plc (NYSE: MNK) rose 54% to $6.42 in pre-market trading after the company reported better-than-expected Q4 results.
Nio Inc - ADR (NYSE: NIO) shares rose 28...
- 02/25/2020
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BlueLinx Responds to Misleading Public Statements by Bluefin Acquisitions
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States (the “Company”), today responded further to the recent misleading public statements by an investment firm that goes by the name of Bluefin Acquisitions, LLC. regarding its purported tender offer. In two recent press releases, Bluefin Acquisitions claimed that it was making, and then confirming, a tender offer to acquire at least 35% of the Company’s common stock at a price of $24.50 per share, and that Morrow Sodali LLC had been engaged as its information agent. Bluefin Acquisitions went on to claim that it would, in connection therewith, file related tender offer materials with the U.S. Securities and Exchange Commission (“SEC”) no later than today, Monday, February 24, 2020.
- 02/25/2020
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94 Biggest Movers From Friday
- Gainers
Trans World Entertainment Corporation (NASDAQ: TWMC) shares jumped 50.9% to close at $5.28 on Friday after the company disclosed that its subsidiary etailz entered into a...
- 02/24/2020
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55 Stocks Moving In Monday's Mid-Day Session
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Mid-Morning Market Update: Markets Open Lower; Deere Beats Q4 Expectations
- Following the market opening Friday, the Dow traded down 0.92% to 28951.46 while the NASDAQ fell 1.42% to 9,612.15. The S&P also fell, dropping 0.97% to 3,340.60.
Leading and...
- 02/21/2020
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Chart Industries management to meet with Lake Street GTLS
- Chart Industries management to meet with Lake Street GTLS
- 02/21/2020
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BlueLinx Responds to Press Release from Third Party
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States (the “Company”), responded today to a press release issued by an investment firm that goes by the name of Bluefin Acquisitions, LLC. In its press release, Bluefin Acquisitions claimed that it was making a tender offer to acquire at least 35% of the Company’s common stock at a price of $24.50 per share. The Company was not aware of this purported offer.
- 02/21/2020
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BlueLinx Holdings Shares Resume Trading; Shares Down ~15%
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BlueLinx Shares Up 40.7% Upon Resumption
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Stephen E. Macadam Named to Veritiv Board of Directors
- Veritiv Corporation (NYSE: VRTV), a leading North American business-to-business distribution solutions company, announced today the appointment of Stephen E. Macadam to the company's board of directors.
- 02/18/2020
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B. Riley FBR Maintains Buy on BlueLinx Hldgs, Lowers Price Target to $17
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BlueLinx Announces Completion of Nine-Property Sale-Leaseback Transaction; $34 Million in Net Proceeds Results in Significant Debt Repayment
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed sale-leaseback transactions covering nine properties for aggregate net cash proceeds of $34 million, which were used to repay indebtedness under the Company’s term loan. Following the repayment described above, the balance of the Company’s term loan was approximately $85 million, which is well below the designated term loan principal balance of $95.3 million necessary to maintain the leverage covenant levels established in the third amendment to the Company’s term loan facility.
- 02/03/2020
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BlueLinx Completes 9 Sales-Leaseback Transactions, Providing $34M in Cash Proceeds
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6 Building Products & Equipment Stocks Moving In Tuesday's Session
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BlueLinx Announces Closing of Sale-Leaseback Transactions for $27.2 Million Net Proceeds; Transactions Result in Significant Progress in Ongoing Real Estate Monetization and Deleveraging Initiatives
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed sale-leaseback transactions for aggregate net cash proceeds of $27.2 million, which were used to repay indebtedness under the Company’s term loan. The four facilities included in these sale-leaseback transactions are located in Kansas City, Missouri; Nashville, Tennessee; Richmond, Virginia; and St. Louis, Missouri. As a part of the transactions, the Company entered into lease agreements for each of the properties for initial terms of 18 years, demonstrating its long-term commitment to each of these local markets.
- 01/02/2020
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How Does BlueLinx Holdings Inc. (NYSE:BXC) Affect Your Portfolio Volatility?
- If you're interested in BlueLinx Holdings Inc. (NYSE:BXC), then you might want to consider its beta (a measure of...
- 12/24/2019
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Is BlueLinx Holdings Inc. (BXC) A Good Stock To Buy?
- While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]
- 12/19/2019
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66 Biggest Movers From Yesterday
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Solas Capital Management, LLC Buys PBF Energy Inc, NII Holdings Inc, Verso Corp, Sells BlueLinx ...
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60 Biggest Movers From Yesterday
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BlueLinx Holdings Announces Update on Deleveraging Initiatives and Operations; Highlighted by Volume Gains and Active Discussions on Real Estate Opportunities
- BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today announced an update on its deleveraging initiatives and operations. The Company continues to actively explore sale leaseback and real estate sale opportunities, and expects to be able to announce further details on these activities in the coming weeks. In addition, on November 22, 2019, the Company filed a three-year, $50 million universal shelf registration statement on Form S-3 with the United States Securities and Exchange Commission (SEC).
- 11/26/2019
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BlueLinx Offers Update On Deleverage Initiatives
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Stocks That Hit 52-Week Lows On Monday
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33 Stocks Moving In Monday's Mid-Day Session
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Stocks That Hit 52-Week Lows On Tuesday
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Solas Capital Management, LLC Buys PBF Energy Inc, NII Holdings Inc, Verso Corp, Sells BlueLinx ...
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B. Riley Maintains Buy on BlueLinx Hldgs, Lowers Price Target to $25
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Mid-Afternoon Market Update: Crude Oil Down 1.5%; Venator Materials Shares Spike Higher
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BlueLinx Hldgs Q3 EPS $(0.75) Down From $(0.67) YoY, Sales $678.665M Down From $859.776M YoY
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BlueLinx to Host Third Quarter —…–9 Financial Results Conference Call and Webcast
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Investor Letters, Options Trader Wins Big and More!
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Solas Capital Management, LLC Buys Verso Corp, CorePoint Lodging Inc, Fennec Pharmaceuticals ...
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Coliseum Capital Management, LLC Buys Cornerstone Building Brands Inc, BMC Stock Holdings Inc, ...
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BlueLinx to Present at D.A. Davidson –8th Annual Diversified Industrials and Services ...
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Solas Capital Management, LLC Buys Verso Corp, CorePoint Lodging Inc, Fennec Pharmaceuticals ...
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Coliseum Capital Management, LLC Buys Cornerstone Building Brands Inc, BMC Stock Holdings Inc, ...
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Coliseum Capital Management, LLC Buys Cornerstone Building Brands Inc, BMC Stock Holdings Inc, ...
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B. Riley FBR Initiates Coverage On BlueLinx Hldgs with Buy Rating, Announces $28 Price Target
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BlueLinx Hldgs Q2 EPS $0.22 Down From $1.01 YoY, Sales $706.448M Down From $892.952M YoY
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BlueLinx Reports Distribution Deal For Allura Fiber Cement Products In New Markets
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3 'Off The Radar' Stocks Insiders Are Buying
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Daily Insider Ratings Round Up 7/9/19
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BlueLinx Holdings Sells its Distribution Facility in Yulee, Florida for $22M in a Sale-Leaseback Transaction
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BlueLinx Reports Sale Of 2 Former Distribution Facilities For ~$12M
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Snow Park Capital Partners, LP Buys Zayo Group Holdings Inc, Extended Stay America Inc, Sells ...
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95 Biggest Movers From Yesterday
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BlueLinx Holdings Inc. (BXC) CEO Mitch Lewis on Q1 2019 Results - Earnings Call Transcript
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44 Biggest Movers From Yesterday
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Significant Value Hidden In BlueLinx's Assets
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Nokomis Capital, L.L.C. Buys BlueLinx Holdings Inc, Kemet Corp, EchoStar Corp, Sells Calix Inc, ...
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68 Biggest Movers From Yesterday
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BlueLinx shares are trading lower after the company reported Q4 EPS decreased 2075% from last year.
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BlueLinx Announces Amendment To Term Loan Agreement
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Nokomis Capital, L.L.C. Buys BlueLinx Holdings Inc, Kemet Corp, EchoStar Corp, Sells Calix Inc, ...
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CEF Q4'18 Commentary: New Positions Under Armour And Rubicon Project
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GreenHaven Road Q4 2018 Letter: Cedar Creek's Acquisition Of BlueLinx
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Brutal Fourth Quarter Presents Long Term Investors With Opportunities
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48 Biggest Movers From Friday
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BlueLinx Holdings Inc. Q3 EPS $(0.67) Down From $0.62 YoY, Sales $859.776M Up From $479.318M YoY
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Alluvial Capital Management Q3 2018 Letter To Partners
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BlueLinx Holdings: Huge Upside As Merger Benefits Become Clear
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BlueLinx (BXC) Presents at Three Part Advisors Midwest IDEAS Conference - Slideshow
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BlueLinx to Present at the Midwest IDEAS Investor Conference on August —9th & '…th in ...
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77 Biggest Movers From Yesterday
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68 Stocks Moving In Thursday's Mid-Day Session
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