BlueLinx Sales Down 12.9% in 2006 - Modern Distribution Management

BlueLinx Sales Down 12.9% in 2006

BlueLinx Holdings Inc., Atlanta, GA, distributor of building products, reported sales of $4.9 billion, down 12.9% from $5.62 billion a year ago, reflecting lower structural product prices and unit volume. Profit was $15.8 million, compared with $44.6 million a year ago.


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CEO Stephen Macadam said:&nbsp ; As a distributor of building products, we continued to experience a sharp drop in demand that began earlier in the year as housing starts continued their slowdown and prices for wood-based structural products remained sharply below year-ago levels. The fall-off in demand was exacerbated by ongoing inventory reductions throughout the supply chain, and by the normal seasonal business slowdown associated with the winter months.


Macadam said …

BlueLinx Holdings Inc., Atlanta, GA, distributor of building products, reported sales of $4.9 billion, down 12.9% from $5.62 billion a year ago, reflecting lower structural product prices and unit volume. Profit was $15.8 million, compared with $44.6 million a year ago.


&nbsp ;

CEO Stephen Macadam said:&nbsp ; As a distributor of building products, we continued to experience a sharp drop in demand that began earlier in the year as housing starts continued their slowdown and prices for wood-based structural products remained sharply below year-ago levels. The fall-off in demand was exacerbated by ongoing inventory reductions throughout the supply chain, and by the normal seasonal business slowdown associated with the winter months.


Macadam said …

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