{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-053918","form_type":"8-K","ticker":"BLDR","cik":"0001316835","company_name":"Builders FirstSource, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.804433+00:00","generated_at":"2026-06-02T16:43:07.243941+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Builders FirstSource Q1 net income down 22.5%; reaffirms 2024 guidance","bullets":["Net sales $3.9B (+0.2% YoY); core organic flat. Net income $258.8M ($2.10 EPS) vs $333.8M ($2.41 EPS).","Adjusted EBITDA $540.9M (-14.4%); margin 13.9% (-240 bps). Gross margin 33.4% (-190 bps).","Reaffirms FY2024: net sales $17.5-$18.5B, adj. EBITDA $2.4-$2.8B, FCF $1.0-$1.2B.","Completed $1.0B 6.375% senior notes due 2034; net debt to LTM adj. EBITDA 1.1x.","Repurchased 0.1M shares at $202.67; $980M remaining authorization; 42.2% of shares retired since 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-053918","json":"https://secwatch.observer/filing/0000950170-24-053918.json","markdown":"https://secwatch.observer/filing/0000950170-24-053918.md","text":"https://secwatch.observer/filing/0000950170-24-053918.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1316835/000095017024053918/0000950170-24-053918-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1316835/000095017024053918/bldr-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T16:43:07.243941+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":"4689d9b79fc228395101a1ffb8201b3ba8c1e8de","claim":"Builders FirstSource, Inc. reported the three months ended March 31, 2024 results: revenue $3.9 billion, net income $258.8 million, or $2.10 per diluted share, EPS $2.10 per diluted share. Guidance reaffirmed.","evidence_excerpt":"today reported its results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights All Year-Over-Year Comparisons Unless Otherwise Noted: • Net sales were $3.9 billion, a 0.2% increase, with core organic sales essentially flat, in line with expectations, and growth from acquisitions partially offset by commodity deflation. • Gross profit margin","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1316835/000095017024053918/0000950170-24-053918-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"$3.9 billion"},{"label":"Net income","value":"$258.8 million, or $2.10 per diluted share"},{"label":"EPS","value":"$2.10 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}