secwatch.observer — SEC 8-K summary
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Issuer:     BlueLinx Holdings Inc. (BXC)
CIK:        0001301787
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001301787-22-000038
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlueLinx Q2 EPS $7.48 vs $11.61 YoY; specialty sales up 17% offset structural decline
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- Net income $71M ($7.48 diluted EPS) vs $113M ($11.61) Q2 2021.
- Net sales $1.2B (-5% YoY); specialty products $788M (+17%), structural $452M (-29%).
- Adjusted EBITDA $112M (9.1% margin) vs $166M (12.7%); operating cash $101M, free cash $97M.
- Net leverage at 0.9x; available liquidity $451M all-time high; share repurchase auth increased to $100M.
- Q3 early view: specialty gross margins 22-23%; structural margins 18-19% including reversal of cost adjustment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1301787/000130178722000038/0001301787-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1301787/000130178722000038/bxc-20220802.htm
  HTML page:      https://secwatch.observer/filing/0001301787-22-000038

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