earnings
confidence high
sentiment negative
materiality 0.70
BlueLinx Q2 net income $4.3M, down 70% YoY; announces $50M buyback
BlueLinx Holdings Inc.
2025-Q2 EPS reported
$0.87
revenue$1,489,333,000
- Net sales $780M (+2% YoY); net income $4.3M ($0.54 diluted EPS) vs $14.3M ($1.65) in Q2 2024.
- Adjusted net income $5.6M ($0.70 adjusted diluted EPS); Adjusted EBITDA $26.8M (3.4% of sales).
- Specialty gross margin 18.5% (down 80bps); structural gross margin 8.2% (up 30bps).
- $20M in share repurchases during Q2; new $50M authorization brings total available to $61.5M.
- Q3 outlook: specialty gross margin 17-18%, structural 8-9%; average daily sales volumes slightly up vs Q2.