---
schema_version: "secwatch.filing_event.v1"
accession: "0001301787-23-000023"
form_type: "8-K"
ticker: "BXC"
cik: "0001301787"
company_name: "BlueLinx Holdings Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T02:52:53.245267+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BlueLinx Q1 sales fall 39% to $798M; net income drops to $18M from $133M

## Summary
- Diluted EPS $1.94 GAAP, adjusted diluted EPS $2.53; YoY comparisons from $13.19 GAAP.
- Gross margin 16.7%, down 560 bps; specialty margin 18.8%, structural margin 11.7%.
- Operating cash flow $89M, free cash flow $80M; available liquidity $723M, net leverage 0.6x.
- Specialty product sales -26% to $568M; structural product sales -57% to $230M on lower prices.
- Company intends to repurchase $34M of stock under existing $100M program; Q2 early margins stable.

## SEC filing metadata
- accession: 0001301787-23-000023
- form_type: 8-K
- ticker: BXC
- cik: 0001301787
- company_name: BlueLinx Holdings Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1301787/000130178723000023/0001301787-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1301787/000130178723000023/bxc-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001301787-23-000023
- JSON: https://secwatch.observer/filing/0001301787-23-000023.json
- Plain text: https://secwatch.observer/filing/0001301787-23-000023.txt

## Key facts
- Earnings Releases
  BlueLinx Holdings Inc. reported the three months ended April 1, 2023 results: revenue $798 million, net income $18 million, EPS $1.94 diluted earnings per share.
  - Period: the three months ended April 1, 2023
  - Revenue: $798 million
  - Net income: $18 million
  - EPS: $1.94 diluted earnings per share
  - Result: reported results
  source text: results for the three months ended April 1, 2023. FIRST QUARTER 2023 HIGHLIGHTS (all comparisons are versus the prior year period unless otherwise noted) • Net sales of $798 million, a decrease of $504 million • Gross profit of $134 million, gross margin of 16.7% and specialty margin of 18.8% • Net income of $18 million, or $1.94 diluted earnings per share •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1301787/000130178723000023/0001301787-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.