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BMC Stock Sales Up 97.2% in 3Q

BMC Stock Holdings Inc. (Nasdaq:STCK), Atlanta, GA, reported sales for the third quarter of $821.2 million, an increase of 97.2 percent compared to the previous year. Sales increased 6 percent compared to adjusted sales in the third quarter of 2015.

Profit for the quarter was $9.2 million, compared to a profit of $4 million the same quarter a year ago.  

For the first nine months, the company reported sales of $1.8 billion, an increase of 120 percent compared to the same period the previous year. Sales increased 13.2 percent compared to adjusted sales in the same period of 2015.

Profit for the period was $20.5 million, compared to a profit of $2.6 million the same period a year ago.

These results were primarily due to the merger of Stock Building Supply Holdings Inc. and Building Material Holdings Corp. in December 2015, as well as the acquisition of Robert Bowden Inc.

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