earnings
confidence high
sentiment neutral
materiality 0.75
BlueLinx reports Q4 net income $5.3M ($0.62 diluted EPS); FY24 adj. EBITDA $131M
BlueLinx Holdings Inc.
2024-FY EPS reported
$6.19
revenue$2,952,532,000
- Q4 net sales $711M, net income $5.3M, adjusted net income $5.2M ($0.61 adj. diluted EPS).
- FY24 net sales $3.0B, net income $53M ($6.19 diluted EPS), adjusted EBITDA $131M (4.4% of sales).
- Completed $45M in share repurchases in FY24; available liquidity $852M, net debt negative $156M.
- Q1 2025 outlook: specialty gross margin 18-19%, structural 8-9%; daily sales volumes down ~12% vs Q4 due to severe weather.
- Specialty gross margin 18.4% in Q4; structural gross margin 10.8%, improved from 10.6% YoY.