QXO slumps after preliminary sales below estimate

QXO

15/01/2026 23:05

** Shares of building products distributor QXO QXO.N fall 4.2% at $23.96 in extended trading

** Sees Q4 preliminary net sales of $2.19 billion, compared with estimates of $2.21 billion - data compiled by LSEG

** Expects quarterly adjusted EBITDA of about $150 million vs estimates of $185 million

** Co announces $750 million in common stock offering

** Stock rose 21.3% in 2025

 (Reporting by Koyena Das in Bengaluru)

 ((koyena.das@thomsonreuters.com))