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Bluelinx Hldgs Inc - BXC STOCK NEWS

Welcome to our dedicated page for Bluelinx Hldgs news (Ticker: BXC), a resource for investors and traders seeking the latest updates and insights on Bluelinx Hldgs stock.

BlueLinx Holdings Inc. (NYSE: BXC) is a premier wholesale distributor of residential and commercial building products in the United States. The company is headquartered in Marietta, Georgia, and operates through a broad network of distribution centers, providing comprehensive coverage across all 50 states. BlueLinx services approximately 15,000 customers, including national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers, and industrial manufacturers.

BlueLinx's business is divided into two main product categories: Structural Products, which consist of lumber, plywood, oriented strand board, rebar, and remesh, and Specialty Products, encompassing engineered wood, siding, millwork, outdoor living, specialty lumber and panels, as well as industrial products. The company is known for offering both branded and private-label SKUs, ensuring a diverse range of high-quality options for various construction needs.

Recently, BlueLinx has been actively expanding its partnerships to drive further growth. Notably, the company has strengthened its collaboration with LP Building Solutions and Huber Engineered Woods, enhancing its product offerings and distribution footprint. Mike Wilson, Senior Vice President of Product Management at BlueLinx, expressed enthusiasm for these developments, highlighting the alignment of goals with partners to offer superior specialty products catering to single-family, multi-family, and light commercial building segments.

Financially, BlueLinx continues to demonstrate strong performance. The company maintains a solid market position backed by robust financial management and operational efficiency. It actively engages in providing value-added services and solutions to both customers and suppliers, ensuring reliable distribution and innovative ideas that help their clients achieve their goals.

For more detailed information about BlueLinx Holdings Inc., including the latest news updates and financial performance, visit their official website at www.BlueLinxCo.com.

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BlueLinx Holdings Inc. to release Q3 2023 financial results and host conference call
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BlueLinx Holdings Inc. reports financial results for Q2 2023. Net sales decreased by $423 million, gross profit was $136 million, and net income was $24 million. Specialty product gross margin improved to 19.1%. Operating cash generated was $64 million and free cash flow was $59 million. Net debt was $153 million and net leverage ratio was 0.6x. $12 million of share repurchases were completed.
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BlueLinx Holdings Inc. (NYSE: BXC) will release its second quarter 2023 financial results on August 1, 2023. A conference call to discuss the results will be held on August 2, 2023, at 10:00 AM ET. The webcast and presentation materials will be available on the BlueLinx website. Participants can join the teleconference or listen to the replay using the provided phone numbers.
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BlueLinx Holdings (NYSE: BXC) has expanded its partnership with Allura USA, enhancing distribution for Allura’s Spectrum™ Prefinished Siding and other products across several Midwest markets. This expansion includes new stocking positions at over 30 BlueLinx locations in cities like St. Louis and Kansas City, aimed at meeting the rising demand for innovative siding solutions that minimize labor costs. Both companies express optimism about future growth, with Allura’s offerings featuring Sherwin-Williams® colors providing aesthetic and durable options for builders. This strategic move aims to solidify BlueLinx's standing in the competitive fiber cement siding market.

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BlueLinx Holdings (NYSE: BXC) will announce its first-quarter 2023 financial results on May 2, 2023, after market close. The company will host a conference call led by President and CEO Shyam Reddy, along with CFO Kelly Janzen, on May 3, 2023, at 10:00 AM ET to discuss the results. Interested parties can access a webcast of the call and related materials via the Investor Relations section of BlueLinx's website. A replay will be available shortly after the call concludes and through May 17, 2023.

BlueLinx, headquartered in Marietta, Georgia, is a prominent distributor of building products across the U.S., catering to around 15,000 customers in various segments including national home centers and industrial manufacturers. The company provides an extensive range of products and value-added services, ensuring a comprehensive distribution network.

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FAQ

What is the current stock price of Bluelinx Hldgs (BXC)?

The current stock price of Bluelinx Hldgs (BXC) is $82.53 as of February 21, 2025.

What is the market cap of Bluelinx Hldgs (BXC)?

The market cap of Bluelinx Hldgs (BXC) is approximately 748.5M.

What does BlueLinx Holdings Inc. do?

BlueLinx Holdings Inc. is a leading wholesale distributor of residential and commercial building products in the United States.

Where is BlueLinx Holdings Inc. headquartered?

BlueLinx Holdings Inc. is headquartered in Marietta, Georgia.

What are the main product categories of BlueLinx?

BlueLinx's products are divided into Structural Products, including lumber and plywood, and Specialty Products, such as engineered wood and siding.

How extensive is BlueLinx's distribution network?

BlueLinx operates through a broad network of distribution centers, covering all 50 states in the U.S.

Who are BlueLinx's typical customers?

BlueLinx serves approximately 15,000 customers, including national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers, and industrial manufacturers.

What notable partnerships has BlueLinx recently expanded?

BlueLinx has recently expanded partnerships with LP Building Solutions and Huber Engineered Woods to enhance their product offerings and distribution footprint.

How does BlueLinx ensure the quality of its products?

BlueLinx offers both branded and private-label SKUs, ensuring a diverse range of high-quality products tailored to various construction needs.

What value-added services does BlueLinx provide?

BlueLinx provides a wide range of value-added services and solutions to its customers and suppliers, including reliable distribution and innovative ideas to help clients achieve their goals.

How can I get more information about BlueLinx Holdings Inc.?

For more detailed information, including the latest news and financial performance, visit BlueLinx's official website at www.BlueLinxCo.com.

Who are the key contacts for investor and media relations at BlueLinx?

Investor and media inquiries can be directed to Tom Morabito, Investor Relations Officer, and Kimberlee Burrows, Sr. Communications Manager.
Bluelinx Hldgs Inc

NYSE:BXC

BXC Rankings

BXC Stock Data

748.53M
7.80M
4.52%
93.56%
2.29%
Industrial Distribution
Wholesale-lumber, Plywood, Millwork & Wood Panels
Link
United States
MARIETTA