Building Materials Holding Corporation, San Francisco, CA, a provider of construction services and building materials to residential builders and contractors, reported sales for the third quarter 2007 fell 24% to $618 million from $818 million in the same quarter a year ago. For the nine months, sales decreased 28% to $1.9 billion from the same period a year ago.
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Profit for the third quarter 2007 decreased to $4.2 million from $35.3 million in the same quarter a year ago. Year-to-date, profit decreased to $18.6 million from $97.6 million in the same period a year ago.
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Our third quarter results reflect the continued deterioration of the homebuilding market.  ; Throughout the quarter, negative macroeconomic factors such as declining housing permits, ongoing …
Building Materials Suppliers Hit in 3Q
Building Materials Holding Corporation, San Francisco, CA, a provider of construction services and building materials to residential builders and contractors, reported sales for the third quarter 2007 fell 24% to $618 million from $818 million in the same quarter a year ago. For the nine months, sales decreased 28% to $1.9 billion from the same period a year ago.
  ;
Profit for the third quarter 2007 decreased to $4.2 million from $35.3 million in the same quarter a year ago. Year-to-date, profit decreased to $18.6 million from $97.6 million in the same period a year ago.
  ;
Our third quarter results reflect the continued deterioration of the homebuilding market.  ; Throughout the quarter, negative macroeconomic factors such as declining housing permits, ongoing …
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