BlueLinx Holdings Sales Down 1% in 3Q - Modern Distribution Management

BlueLinx Holdings Sales Down 1% in 3Q

The building products distributor's losses lessened in the quarter to $900,000.

BlueLinx Holdings Inc. (NYSE: BXC), Atlanta, GA, a distributor of building products in North America, reported sales for the third quarter ended Oct. 4 of $549.8 million, a year-over-year decrease of 1 percent. Same-center revenues grew by 3 percent.

BlueLinx recorded a net loss for the third quarter of $900,000, compared to a year-ago loss of $3.2 million.

For the first nine months of the fiscal year, sales were $1.5 billion, a year-over-year decrease of 8 percent. Net loss for the period was $6.2 million, compared to year-ago net loss of $38.2 million.

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