secwatch.observer — SEC 8-K summary
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Issuer:     Builders FirstSource, Inc. (BLDR)
CIK:        0001316835
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0000950170-24-018404
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Builders FirstSource Q4 adj EPS $3.55 (+10.6%); FY23 FCF $1.9B; Board authorizes $1B buyback
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- Q4 net sales $4.2B (-4.7%); net income $350.7M ($2.83 diluted EPS); adjusted EPS $3.55 (+10.6% YoY).
- FY 2023 adjusted EBITDA $2.9B (17.0% margin); free cash flow $1.9B.
- Board authorized $1B share repurchase plan, inclusive of ~$200M remaining from prior authorization.
- 2024 guidance: net sales $17.5-18.5B, adjusted EBITDA $2.4-2.8B (14-15% margin), FCF $1.0-1.2B.
- Repurchased $1.8B in shares in 2023, reducing shares outstanding by 12.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1316835/000095017024018404/0000950170-24-018404-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1316835/000095017024018404/bldr-20240222.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-018404

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer