BlueLinx Holdings Inc. reported net sales of $699 million for the 2Q 2020, compared to $706 million for the prior year period. Net sales were up $9 million when excluding $16 million from the prior year period related to the discontinued siding line.

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BlueLinx's 2Q sales down to $699 million

BlueLinx Holdings Inc. reported net sales of $699 million for the 2Q 2020, compared to $706 million for the prior year period. Net sales were up $9 million when excluding $16 million from the prior year period related to the discontinued siding line. 

The company recorded gross profit of $101 million during the 2Q, compared to $94 million in the prior year period, with a gross margin of 14.4% compared to 13.3% in the prior year period.

BlueLinx Holdings recorded net income of $7 million for the 2Q, compared to $6 million in the prior year period. 2Q 2020 net income includes one-time items totaling $3 million for restructuring, share-based compensation expense, and integration related charges.

Adjusted EBITDA, which is a non-GAAP measure, was $31 million for the 2Q, compared to $25 million in the prior year period, up $6 million or 24%.

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