Builders FirstSource cuts 2025 revenue outlook as tariffs soften housing demand

Firstsource Solutions

31/07/2025 14:09

July 31 - Builders FirstSource BLDR.N cut its annual revenue forecast on Thursday due to reduced construction volumes in single- and multi-family homes.

High mortgage rates and tariff-related headwinds have led potential buyers to delay home purchases, dampening demand for new housing.

Shares of the Irving, Texas-based company that supplies building materials and products for home construction were down 7% in premarket trading.

New home sales in June fell 6.6%, while inventory reached its highest level since October 2007, according to U.S. government data.

Net sales in the multi-family segment fell 23.3% year-over-year, marking a sharp downturn, while the single-family segment also faced pressure, slipping 9.1% from a year ago.

It forecast 2025 net sales between $14.8 billion and $15.6 billion, compared with a previous forecast of $16.05 billion to $17.05 billion.

The company's second-quarter adjusted profit came in at $2.38 per share, compared to $3.50 per share from a year earlier. Analysts on average had expected $2.28 per share, according to data compiled by LSEG.

Its quarterly net sales fell 5% to $4.23 billion, compared to an estimate of $4.28 billion.

 (Reporting by Apratim  Sarkar; Editing by Pooja Desai)

 ((Apratim.Sarkar@thomsonreuters.com;))