earnings
confidence high
sentiment positive
materiality 0.75
BlueLinx Q2 net sales up 4.4% to $814M; adjusted EPS $1.15 vs $0.70 YoY
BlueLinx Holdings Inc.
- Net sales $814M (+4.4% YoY); gross margin 17.2% (up 190 bps) including $7.2M import duty benefit.
- Net income $6.4M ($0.81 diluted EPS); adjusted net income $9.1M ($1.15 adjusted diluted EPS), up 62% and 64% YoY.
- Adjusted EBITDA $36M (4.4% of sales), up 33% YoY; free cash flow $9M, improvement of $45M.
- Specialty products sales $564M (+3.8%), structural $250M (+5.6%); both segments saw margin expansion.
- Q3 outlook: specialty gross margin 18-19%, structural 8.5-9.5%; expects higher daily sales volumes YoY.