BXC - BlueLinx Holdings GAAP EPS of $13.19 beats by $4.65 revenue of $1.3B beats by $180M

BlueLinx Holdings press release (NYSE:BXC): Q1 GAAP EPS of $13.19 beats by $4.65. Revenue of $1.3B (+26.2% Y/Y) beats by $180M. Increased share repurchase authorization to $100M, including $60M accelerated share repurchase. Net Leverage of 0.9x and available liquidity of $421M. Through the first four weeks of the second quarter 2022, specialty product margins were in the range of 23% to 24% and structural product margins were in the high single digits, reflecting sequential declines in the average price of wood-based commodities.

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BlueLinx Holdings GAAP EPS of $13.19 beats by $4.65, revenue of $1.3B beats by $180M