Construction supplies distributor Bluelinx misses Q3 sales estimates

Reuters
Nov 05
Construction supplies distributor Bluelinx misses Q3 sales estimates

Overview

  • Bluelinx Q3 2025 net sales missed analyst expectations, increasing 0.2% year-over-year

  • Adjusted net income for Q3 missed estimates, while adjusted EBITDA beat expectations

  • Company acquired Disdero Lumber Co., boosting specialty product presence

Outlook

  • Company expects Q4 specialty product gross margins between 17% and 18%

  • Company anticipates Q4 structural product gross margins between 8% and 9%

  • Average daily sales volumes expected to be slightly down in Q4

Result Drivers

  • SPECIALTY PRODUCTS - Higher volumes in engineered wood and outdoor living drove specialty product sales increase

  • STRUCTURAL PRODUCTS - Structural products sales declined due to volume and price declines in lumber and panels

  • DISDERO ACQUISITION - Acquisition expected to enhance specialty product margins and be accretive to earnings

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

Miss

$749 mln

$757.14 mln (4 Analysts)

Q3 Adjusted Net Income

Miss

$3.7 mln

$4.05 mln (4 Analysts)

Q3 Net Income

$1.7 mln

Q3 Adjusted EBITDA

Beat

$22.4 mln

$22.19 mln (4 Analysts)

Q3 Free Cash Flow

$53 mln

Q3 Gross Profit

$108 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

  • Wall Street's median 12-month price target for Bluelinx Holdings Inc is $84.00, about 22.8% above its November 3 closing price of $64.85

  • The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw5Ty5gsa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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