BlueLinx Holdings Sales Jump 16.9% in 2Q - Modern Distribution Management

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BlueLinx Holdings Sales Jump 16.9% in 2Q

For the first six months, sales increased 14 percent from 2012 levels.

BlueLinx Holdings Inc. (NYSE:BXC), Atlanta, GA, reported sales for the second quarter of $604.6 million, an increase of 16.9 percent compared to the same period a year ago. The company incurred a net loss of $22.3 million, compared to a net loss of $3.7 million for the fiscal second quarter of 2012.

"The building products market remains highly competitive and volatile; however, the outlook for new residential construction continues to suggest favorable opportunities for BlueLinx. The benefits of our strategic restructuring activities and refocused operating strategies are the keys to achieving our plan of quickly returning BlueLinx to profitability," said BlueLinx executive chairman Howard Cohen.

For the first six months, sales were $1.1 billion, up 14.1 percent from the same period a year ago. Net loss was $35 million, compared with a loss of $14.7 million a year ago. 

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