The 2020 Mid-Year Economic Update_long

Builders FirstSource Sales Up 7.2% in 1Q

Company reports a loss of $7.1 million in the first quarter.

Builders FirstSource Inc. (NASDAQ: BLDR), Dallas, TX, reported sales for the first quarter of $371 million, a 7.2 percent increase year-over-year. The company reported a loss of $7.1 million, compared to a loss of $3.4 million in the first quarter of 2014.

"I am extremely pleased with our start to fiscal 2015, as our first quarter sales of $371 million and our Adjusted EBITDA of over $11 million exceeded our first quarter 2014 results," said CEO Floyd Sherman. "We were able to achieve these positive results despite the negative impact of commodity deflation on our current quarter sales, as average market prices for framing lumber have fallen 11.8 percent since the beginning of the year, and are down 13.6 percent when compared to the first quarter of 2014."

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.