earnings
confidence high
sentiment negative
materiality 0.80
BlueLinx Q1 net income drops 84% to $2.8M; gross margin 15.7% vs 17.6% YoY
BlueLinx Holdings Inc.
2025-Q1 EPS reported
$0.33
revenue$709,226,000
- Net sales $709M (-2% YoY); net income $2.8M ($0.33 diluted EPS) vs $17.5M ($2.00) YoY.
- Adjusted net income $2.3M ($0.27 adj dil EPS); Adjusted EBITDA $19.6M (2.8% sales) vs $38.8M (5.3%) YoY.
- Specialty gross margin 18.7% (down 200 bps); structural gross margin 9.3% (down 130 bps).
- $15M in share repurchases in Q1; $31M remaining on authorization; available liquidity $795M.
- Q2 outlook: specialty gross margin 17-18%, structural 9-10%; average daily sales improved vs Q1 and Q2 2024.