BlueLinx Sales Down 3% in 2014 - Modern Distribution Management

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BlueLinx Sales Down 3% in 2014

Fourth quarter sales also down 3 percent.
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BlueLinx Holdings Inc. (NYSE: BXC), Altanta, GA, reported sales for 2014 of $2 billion, a 3 percent decrease from the previous year. The company reported a loss for the year of $13.9 million, compared with a year-ago loss of $40.6 million.

Fourth-quarter sales were $454.1 million, a decrease of 3 percent compared to the same period a year earlier. The company reported a fourth quarter loss of $7.6 million, compared to a loss of $2.5 million in the fourth quarter of 2013.

"It is apparent that we are beginning to see the results of the numerous initiatives we began in 2014," said Mitch Lewis, president and CEO. "Our team is energized as we move in to 2015 and looks forward to continuing the momentum we began last year."

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