secwatch.observer — SEC 8-K summary
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Issuer:     Builders FirstSource, Inc. (BLDR)
CIK:        0001316835
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001193125-22-145363
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q1 net sales $5.7B +36% YoY; net income $639.6M +271% YoY; board authorizes $2B buyback
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- Net sales $5.7B (+36.1% YoY); core organic sales +15.0%; commodity inflation contributed 12.8%.
- Net income $639.6M ($3.56 EPS) vs $172.6M ($0.83 EPS); adjusted EPS $3.90 vs $1.42.
- Adjusted EBITDA $1.0B (+119.8% YoY), margin 17.6% (+670 bps).
- Board authorized new $2B share repurchase plan, replacing prior authorization; YTD repurchased 7.9M shares for $552.9M.
- 2022 free cash flow guidance raised to $2.0-2.4B; acquired Panel Truss ($150M) and Valley Truss ($30.5M) in April.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1316835/000119312522145363/0001193125-22-145363-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1316835/000119312522145363/d236117d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-145363

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