earnings
confidence high
sentiment negative
materiality 0.80
Builders FirstSource Q2 net loss $3.9M; sales down 8.8%; cuts full-year outlook
Builders FirstSource, Inc.
- Net loss of $3.9M ($0.04 diluted EPS) vs. prior-year net income of $185M ($1.66 EPS).
- Net sales $3.9B, down 8.8% YoY; core organic sales fell 7.0% and commodity deflation 2.7%.
- Adjusted EBITDA $329.3M, down 34.9%; adjusted EBITDA margin 8.5%, down 350 bps.
- Full-year 2026 outlook updated to reflect weaker housing market; expects $50-70M productivity savings.
- Net debt to LTM Adjusted EBITDA ratio 3.6x vs. 2.3x a year ago; $500M remaining buyback authorization.