Builders FirstSource falls after lowering annual sales outlook

Builders Firstsource

30/07/2026 14:05

** Shares of construction materials supplier Builders FirstSource BLDR.N down 2% at $66.50 premarket
** Co trims 2026 revenue estimates citing persistent weakness in the U.S. residential construction market 
** It cuts net sales forecast to between $14 billion and $14.8 billion, compared with previous expectations of $14.6 billion to $15.6 billion
** Reports adjusted earnings per share of $1.17, compared with analysts' estimate of $1.27 - data compiled by LSEG
** Net sales down 8.8% at $3.9 billion 
** YTD, shares down 34.1%

 (Reporting by Apratim Sarkar in Bengaluru)
 ((Apratim.Sarkar@thomsonreuters.com))