{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-057113","form_type":"8-K","ticker":"BLDR","cik":"0001316835","company_name":"Builders FirstSource, Inc.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.583952+00:00","generated_at":"2026-06-09T02:06:32.114454+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Builders FirstSource Q3 net sales $4.5B (-21.3%); net income $451.5M (-38.8% YoY); updates 2023 guidance","bullets":["Net sales $4.5B, down 21.3% YoY; core organic sales -13.5%, commodity deflation -9.1%.","Net income $451.5M ($3.59 EPS), down 38.8%; adjusted EPS $4.24, down 18.5%.","Adjusted EBITDA $813.3M, margin 17.9% (-240 bps YoY); liquidity $1.1B, net debt/EBITDA 1.1x.","Repurchased 1.7M shares in Q3; YTD repurchased $1.6B, reducing shares outstanding by 11.2%.","2023 guidance: net sales $16.8-$17.1B; adjusted EBITDA $2.7-$2.8B; free cash flow $1.8-$2.0B."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-057113","json":"https://secwatch.observer/filing/0000950170-23-057113.json","markdown":"https://secwatch.observer/filing/0000950170-23-057113.md","text":"https://secwatch.observer/filing/0000950170-23-057113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1316835/000095017023057113/0000950170-23-057113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1316835/000095017023057113/bldr-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T02:06:32.114454+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5954503acb284cee9be8e69c540e186284511514","claim":"Builders FirstSource, Inc. reported third quarter ended September 30, 2023 results: revenue $4.5 billion, net income $451.5 million, EPS $3.59 per diluted share. Guidance lowered.","evidence_excerpt":"September 30, 2023. --- EX-99.1 (EX-99.1) --- EX-99.1 For Immediate Release Builders FirstSource Reports Third Quarter 2023 Results and Updates 2023 Guidance Net sales of $4.5 billion, a decrease of 21.3% Net income of $451.5 million Earnings per diluted share of $3.59 per share Adjusted EBITDA of $813.3 million at a margin of 17.9% Repurchased 1.7 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1316835/000095017023057113/0000950170-23-057113-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$4.5 billion"},{"label":"Net income","value":"$451.5 million"},{"label":"EPS","value":"$3.59 per diluted share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}