Builders FirstSource 2023 Sales Fell Nearly 25%
However, the year-over-year sales declines improved throughout the year and were down only 4.7% in the fourth quarter.
Builders FirstSource 2023 Sales Fell Nearly 25% Read More »
However, the year-over-year sales declines improved throughout the year and were down only 4.7% in the fourth quarter.
Builders FirstSource 2023 Sales Fell Nearly 25% Read More »
The company reported net sales of $4.5 billion, a 21.3% decrease primarily driven by a weaker housing market and commodity deflation.
Builders FirstSource Sees Continued Sales & EBITDA Declines Read More »
Major organic sales decline and deflation continued to slam the building products distribution giant in 2Q.
Builders FirstSource 2Q Margins Tick Up as Sales Sink Read More »
The decline in sales was primarily driven by a weak housing market that has plagued the building materials and construction industries for the past year.
Builders FirstSource 1Q Sales Decline 31.6% Read More »
Stephen Herron is the second major executive appointment for BFS in 2023.
Builders FirstSource Promotes Herron to COO Read More »
The company's sales slowed considerably in the second half of the year amid tougher comps and a slumping single-family housing market.
Builders FirstSource Nets $22.7B in 2022 Sales Despite Slower 2H Read More »
Dave Rush had served as interim CEO since mid-November and is a 23-year company veteran.
Builders FirstSource Removes Interim Title from CEO Rush Read More »
US Foods announced the CEO appointment of Dave Flitman one week after Builders FirstSource announced his departure.
Former Builders FirstSource CEO Flitman to Lead US Foods Read More »
Builders FirstSource Executive Vice President Dave Rush has been appointed interim CEO while a search for a permanent successor is conducted.
Builders FirstSource CEO Flitman Steps Down Read More »
The distributor has also enacted a handful of other cost-cutting actions as homebuilding has soured throughout 2022.
Builders FirstSource Slashes 2,600 Jobs Amid Market Downturn Read More »
In the first quarter and second quarter of 2022, year-over-year growth topped 36.1% and 24.2%, respectively.
Builders FirstSource 3Q Sales Growth Slows to 4.6% Read More »
Builders FirstSource ranked No. 1 among Building Materials/Construction Distributors in MDM's 2022 Top Distributor List.
Builders FirstSource Acquires Trussway Read More »
Core organic sales comprised half of the distributors' 24% sales growth year-over-year.
Acquisitions, Pricing Power Major 2Q Growth at Builders FirstSource Read More »
The company still has plenty of capital left in its 2022 M&A budget, and underlying growth has it targeting accelerated revenue growth.
Builders FirstSource Eyes More M&A, Higher Outlook After Big 1Q Read More »
The distributor reported 2022 first-quarter net sales of $5.7 billion, while net income grew 270.6% to $639.6 million.
Builders FirstSource 1Q Sales Up 36% Read More »
The outlook for 2022 remains bright, but government efforts to restrain inflation, global instability and continued supply chain challenges seem to shift the variables almost daily.
March 2022 Premium Monthly: A Focus on Strategy Read More »
The distributor announced that Amy Bass Messersmith will be joining Builders FirstSource's executive team effective March 14.
Builders FirstSource Names Chief People Officer Read More »
Year-end reports of publicly traded distributors support Q4 Baird-MDM Quarterly Industrial Distribution Survey results. Public company commentary remains optimistic for strong year.
Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22 Read More »
The distributor’s 2021 yearly net sales reached nearly $20 billion, while fourth-quarter net sales reached $4.6 billion.
Builders FirstSource Sees ‘Record’ Sales Read More »
The building materials distributor says its board of directors has authorized the company to repurchase $1 billion of its common shares.
Builders FirstSource OKs $1B Stock Buyback Plan Read More »