secwatch.observer — SEC 8-K summary
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Issuer:     BlueLinx Holdings Inc. (BXC)
CIK:        0001301787
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001301787-23-000077
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlueLinx Q3 net sales down 24% to $810M; adjusted EPS $2.98 vs $6.56 YoY
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- Net sales $810M (-24% YoY); net income $24M ($2.71 diluted) vs $60M ($6.38) prior year.
- Adjusted EBITDA $50M (6.2% of sales) vs $100M (9.4%) YoY; specialty gross margin 19.8%.
- Operating cash flow $78M; free cash flow $73M; net debt $107M, net leverage 0.5x.
- Board authorized new $100M share repurchase program; $18M repurchased in Q3.
- Q4 outlook: specialty gross margin 18%-19%; structural gross margin 9%-10%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1301787/000130178723000077/0001301787-23-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1301787/000130178723000077/bxc-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001301787-23-000077

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