Building products co Bluelinx Q1 sales rise on higher demand for specialty products

BlueLinx Holdings

05/05/2026 21:29

Overview

U.S. building products distributor's fiscal Q1 sales rose 3.1%

Sales growth driven by specialty products and Disdero acquisition; structural sales fell on lower prices

Outlook

Bluelinx expects Q2 specialty product gross margin between 17.5% and 18.5%

Company sees Q2 structural product gross margin between 9.5% and 10.5%

Bluelinx expects Q2 average daily sales volumes to be down slightly year-over-year

Result Drivers

SPECIALTY PRODUCT VOLUMES - Higher volumes across specialty product categories and the Disdero acquisition drove specialty sales growth, partially offset by modest price declines

STRUCTURAL PRODUCT PRICES - Structural product sales fell due to price declines in lumber and panels, but gross profit rose on improved margins and higher lumber volumes

SG&A EXPENSES - SG&A expenses increased year-over-year, primarily due to the addition of Disdero

Company press release: ID:nBwbSsqzDa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$731 mln
$714.84 mln (3 Analysts)
Q1 Adjusted Net Income
Beat
$1.70 mln
-$5.06 mln (2 Analysts)
Q1 Net Income
-$1.50 mln
Q1 Adjusted EBITDA
Beat
$23 mln
$12.12 mln (3 Analysts)
Q1 Free Cash Flow
-$60 mln
Q1 Gross Profit
$116 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Bluelinx Holdings Inc is $75.00, about 54.1% above its May 4 closing price of $48.66

The stock recently traded at 51 times the next 12-month earnings vs. a P/E of 37 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)