BXC

EX-99.1

2 q32026earnings991.htm

EX-99.1

Document

Exhibit 99.1

BlueLinx Announces Third Quarter 2026 Results

ATLANTA, November 3, 2026 – BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today reported financial results for the fiscal three months ended October 3, 2026 (“third quarter 2026”).

THIRD QUARTER 2026 HIGHLIGHTS

•Net sales of $813 million, an increase of 8.5% compared to third quarter 2025

•Gross profit of $131 million, or 16.1% of net sales, an increase of 21% compared to third quarter 2025

•Net loss of $0.6 million, or $0.07 loss per basic and diluted share, compared to net income of $1.7 million and earnings per basic and diluted share of $0.20, respectively, in third quarter 2025

•Adjusted net income of $5.5 million, or $0.68 adjusted diluted earnings per share, compared to $3.7 million, and $0.45, respectively, in third quarter 2025

•Adjusted EBITDA of $31.7 million, or 3.9% of net sales, an increase of 42% compared to third quarter 2025

•Available liquidity of $689 million, including $350 million cash and cash equivalents on hand

“We delivered year-over-year profitable sales growth at improved gross margins in our specialty and structural product categories in the third quarter,” said Shyam Reddy, President and Chief Executive Officer of BlueLinx. “Our strategy and our investments in growth initiatives, operational excellence, and process improvements are helping us successfully navigate a challenging environment and drive long-term value creation.”

“Strong operational execution and effective working capital management contributed to our strong cash flow during the third quarter,” said Kelly Wall, Senior Vice President, Chief Financial Officer and Treasurer. “Our balance sheet and liquidity remain strong, which give us a great deal of flexibility to execute on our strategic initiatives.”

THIRD QUARTER 2026 FINANCIAL PERFORMANCE

In third quarter 2026, net sales were $813 million, an increase of $64 million, or 8.5%, compared to the fiscal three months ended September 27, 2025 (“third quarter 2025”). Sales growth in the current quarter was attributable to both specialty products and structural products. Gross profit was $131 million, an increase of $23 million year-over-year, and gross margin was 16.1%, up 170 basis points from 14.4% in the prior year quarter. Third quarter 2026 included a $2.2 million net benefit for import duty-related items. Also during third quarter 2026, we recorded an unusual inventory provision of $2.9 million for discontinued inventory resulting from a strategic brand and vendor change for one of our key product lines. Third quarter 2025 included a $2.2 million expense for an import duty-related item. Excluding these inventory and duty-related items, gross margin for third quarter 2026 would have been 16.2% compared to a gross margin of 14.7% in third quarter 2025.

Net sales of specialty products, which include product types such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products, were $550 million, an increase of $24 million, or 4.6% compared to third quarter 2025. This increase in net sales for specialty products in the third quarter of 2026 was due primarily to the positive impact of Disdero Lumber Co., LLC (“Disdero”) product sales, and higher pricing, partially offset by lower volumes. Gross profit from specialty products was $103 million, an increase of $15 million compared to the third quarter of 2025. Gross margin for specialty products was 18.7% compared to 16.6% in the prior year quarter. Excluding the import duty-related benefit and unusual inventory provision in 2026, and the $2.2 million import duty-related expense in 2025, specialty products gross margin would have been 18.8% for the third quarter of 2026, compared to 17.0% for the third quarter of 2025.

Net sales of structural products, which include product types such as lumber, panels (including plywood and oriented strand board), rebar, and remesh, were $263 million, an increase of $40 million compared to third quarter 2025. This increase in structural product sales was primarily due to increases in pricing and volumes for both lumber and panels. Gross profit from sales of structural products was $28.3 million, an increase of $7.4 million from the prior year quarter, and gross margin improved to 10.7%, compared to 9.3% in the prior year quarter.

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Selling, general and administrative (“SG&A”) expenses were $106 million in third quarter 2026, $16.6 million higher than the prior year quarter. The year-over-year increase in SG&A was primarily due to Disdero, higher fuel and third-party freight expenses, and employee-related expenses.

Other operating, net includes expenses related to the design and implementation of our business and digital transformation initiatives.

Net loss was $0.6 million, or $0.07 per basic and diluted share, versus net income of $1.7 million, or $0.20 per basic

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EX-99.1

2 q12026earnings991.htm

EX-99.1

Document

Exhibit 99.1

BlueLinx Announces First Quarter 2026 Results

ATLANTA, May 5, 2026 – BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today reported financial results for the fiscal three months ended April 4, 2026.

FIRST QUARTER 2026 HIGHLIGHTS

•Net sales of $731 million

•Gross profit of $116 million, or 15.9% of net sales

•Net loss of $1.5 million, or $0.18 loss per share

•Adjusted net income of $1.7 million, or $0.21 adjusted diluted earnings per share

•Adjusted EBITDA of $23 million, or 3.2% of net sales

•$3 million in share repurchases

•Available liquidity of $659 million, including $319 million cash and cash equivalents on hand

“We are off to a good start in 2026, delivering net sales growth while maintaining solid gross margins in a challenging macro environment,” said Shyam Reddy, President and Chief Executive Officer of BlueLinx. “Specialty product net sales increased year-over-year, led by Disdero specialty sales and volume gains in several key strategic categories, all while maintaining our gross margins. Structural product sales were lower primarily due to price declines in lumber and panels, but we generated higher year-over-year gross profits due to strong gross margin performance and higher volumes in lumber.”

“Adjusted EBITDA of $23 million exceeded our expectations, reflecting volume growth across our strategic product categories, including the positive impact of the Disdero acquisition, as well as disciplined margin performance,” said Kelly Wall, Senior Vice President, Chief Financial Officer and Treasurer of BlueLinx. “We delivered specialty and structural gross margins of 18.1% and 10.9%, respectively, while maintaining a highly flexible balance sheet with $659 million of liquidity and a net leverage ratio of just 0.7x, excluding real property finance lease liabilities.”

FIRST QUARTER 2026 FINANCIAL PERFORMANCE

In the first quarter of fiscal 2026, net sales were $731 million, an increase of $22 million, or 3.1%, compared to the first quarter of fiscal 2025. Sales growth in the current quarter was attributable to specialty products. Gross profit was $116 million, an increase of $5.3 million, or 4.7%, year-over-year, and gross margin percentage was 15.9%, up 20 basis points from the 15.7% in the prior year period. The prior-period quarter included a net benefit of $2.4 million for import duty-related items. Excluding this benefit, gross margin would have been 15.3% for first quarter of fiscal 2025.

Net sales of specialty products, which include products such as engineered wood, siding, millwork, outdoor living, specialty lumber and panels, and industrial products, were $512 million, an increase of $32 million, or 6.8% compared to the first quarter of fiscal 2025. This increase in net sales for specialty products in the current quarter was largely due to higher volumes in all product categories, and the positive impact of the Disdero Lumber Co., LLC (“Disdero”) acquisition, partially offset by modest price declines on a year-over-year basis. Gross profit from specialty product sales was $93 million, an increase of $2.8 million, or 3.1% when compared to the first quarter of last year. Gross margin percentage for specialty products was 18.1% compared to 18.7% in the prior year quarter, and consistent with the fourth quarter of 2025. Excluding the import duty related items, gross margin for specialty products was 18.2% for first quarter fiscal 2025.

Net sales of structural products, which include products such as lumber, panels (including plywood and oriented strand board), rebar, and remesh, decreased $10.5 million, or 4.6% when compared to the first quarter of fiscal 2025, to $219 million in the first quarter of fiscal 2026. The decrease in structural sales was largely due to price declines in lumber and panels, partially offset by volume increases in lumber. Gross profit from sales of structural products was $23.8 million, an increase of $2.5 million from the prior year period, and gross margin percentage was 10.9%, compared to 9.3% in the prior year quarter.

Selling, general and administrative (“SG&A”) expenses were $96 million in the first quarter of fiscal 2026, $2.1 million higher than the prior year quarter. The year-over-year increase in SG&A was primarily due to the addition of Disdero.

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Net loss was $1.5 million, or $0.18 loss per share, versus net income of $2.8 million, or $0.33 per diluted share, in the prior year quarter. Adjusted Net Income was $1.7 million, or $0.21 per diluted share, compared to $2.3 million, or $0.27 per diluted share in the first quarter of last year.

Adjusted EBITDA was $23.5 million, or 3.2% of net sales, for the first quarter of fiscal 2026, compared to $19.6 million, or 2.8% of net sales in the first quarter of fiscal 2025. Certain import duty-related items increased Adjusted EBITDA by $2.4 million in the prior year period. Not including th