BXC News and Press, Bluelinx Holdings Inc. From 03/22/23

2023-03-22 04:30:13 ET Summary BlueLinx preliminary Q1 earnings came out with two meaningful announcements. BlueLinx's highly skilled and experienced CEO is stepping down, after only a short period as CEO. According to my estimates, I believe that BXC stock is likely to report...

2023-03-21 16:51:43 ET BlueLinx ( NYSE: BXC ) on Tuesday elected Shyam Reddy as president and CEO, effective immediately. Reddy will also join the BlueLinx board of directors. Reddy succeeds Dwight A.K. Gibson, who is departing the company and stepping ...

MARIETTA, Ga., March 21, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today announced that the Board of Directors has elected Shyam K. Reddy as President and Chief Executive Officer, effective immediately. In conjunction w...

2023-03-06 07:51:51 ET Summary The past several months have not been kind to Global Industrial Company and its investors, with shares tanking compared to the market. This seems to be due to pain on the firm's top and bottom lines in the second half of the year, and because of gene...

2023-03-04 10:14:53 ET Summary The housing demand index is showing signs of improvement in 2023, with the highest single month jump (from January to February) in over a decade. Several high-quality growth stocks are highlighted in this article that offer the potential to benefit f...

MARIETTA, Ga., Feb. 28, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, announced today th...

BlueLinx Holdings Inc. (BXC) Q4 2022 Results Conference Call February 22, 2023 10:00 AM ET Company Participants Alexandra Lukacs - Manager of Investor Relations Dwight Gibson - President and CEO Kelly Janzen - Chief Financial Officer Conference Call Participants ...

Summary BlueLinx has been on a tear in the past 3 months, together with many of its peers. BlueLinx's guidance for Q1 is less than optimal. That being said, I don't believe its Q1 guidance is as bad as analysts expect. According to my calculation, BlueLinx is priced at 4x EPS. ...

BlueLinx Holdings press release ( NYSE: BXC ): Q4 Non-GAAP EPS of $3.97 beats by $0.26 . Revenue of $847.77M (-12.9% Y/Y) misses by $91.8M . Gross profit of $151 million, gross margin of 17.8% and specialty margin of 21.1%. Adjusted EBITDA of $63 million, 7.4% of n...

MARIETTA, Ga., Feb. 21, 2023 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC) , a leading U.S. wholesale distributor of building products, today reported financial results for the three months and twelve months ended December 31, 2022. FOURTH QUARTER 2022 HIGHLIGHTS (all c...