BlueLinx Holdings Inc. reported net sales of $679 million for the 3Q 2019, compared to $860 million for the prior year period.

Wooden Panels

BlueLinx Holdings’ 3Q net sales decreased to $679 million

BlueLinx Holdings Inc. reported net sales of $679 million for the 3Q 2019, compared to $860 million for the prior year period.

The company recorded gross profit of $94 million during the 3Q, compared to $92 million in the prior year period, with a gross margin of 13.8% compared to 10.7% in the prior year period, which prior year period includes a lower of cost or net realizable value adjustment on inventory of $5 million related to lumber and wood products, and acquisition-related inventory step-up charges of $1 million.

The company recorded net loss of $7.0 million for the 3Q, compared to a net loss of $9.9 million in the prior year period. 

BlueLinx Holdings Inc. is a leading distributor of building and industrial products in the United States.