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Stock impact report

BlueLinx Announces First Quarter 2018 Results

Bluelinx Holdings Inc. (BXC) 
Last bluelinx holdings inc. earnings: 3/10 05:16 pm Check Earnings Report
Company Research Source: GlobeNewswire
– Net Sales of $437.5 Million for the Quarter; Up $8.9 Million From Q1 2017 –– Gross Profit of $55.3 Million for the Quarter; Up $0.9 Million From Q1 2017 –– Elimination of Mortgage Debt –– Completed Acquisition of Cedar Creek Subsequent to Quarter End – ATLANTA, May 03, 2018 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, today reported financial results for the fiscal first quarter ended March 31, 2018. “Our first quarter was perhaps the most productive in the history of BlueLinx. We entered into $110 million of sale leaseback transactions that allowed us to deleverage the balance sheet and enter into an agreement to acquire Cedar Creek,” said Mitch Lewis, President and Chief Executive Officer. “We completed our acquisition of Cedar Creek on April 13th, which positions us as one of the largest wholesale distributors in the building products industry. With more than 50,000 branded and private-l Show less Read more
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