Former Builders FirstSource CEO Flitman to Lead US Foods
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
Builders FirstSource CEO Flitman Steps Down
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 »
Builders FirstSource Slashes 2,600 Jobs Amid Market Downturn
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 »
Builders FirstSource 3Q Sales Growth Slows to 4.6%
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 Acquires Trussway
Builders FirstSource ranked No. 1 among Building Materials/Construction Distributors in MDM’s 2022 Top Distributor List.
Builders FirstSource Acquires Trussway Read More »
Acquisitions, Pricing Power Major 2Q Growth at Builders FirstSource
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 »
Builders FirstSource Eyes More M&A, Higher Outlook After Big 1Q
The company still has plenty of capital left in its 2022 M&A budget, and underlying growth has it targeting accelerated revenue growth.
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Builders FirstSource 1Q Sales Up 36%
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 »
March 2022 Premium Monthly: A Focus on Strategy
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.
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Builders FirstSource Names Chief People Officer
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 »
Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22
Year-end reports of publicly traded distributors support Q4 Baird-MDM Quarterly Industrial Distribution Survey results. Public company commentary remains optimistic for strong year.
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Builders FirstSource Sees ‘Record’ Sales
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 »
Builders FirstSource OKs $1B Stock Buyback Plan
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 »
Builders FirstSource Acquires National Lumber
The building materials distributor completed its acquisition of the largest independent building materials supplier in New England.
Builders FirstSource Acquires National Lumber Read More »
Builders FirstSource Sales Up 62.7%
For the third quarter of 2021, the building materials distributor reported net sales of $5.5 billion and net income of $613.1 million.
Builders FirstSource Sales Up 62.7% Read More »
Builders FirstSource Acquires Apollo Software Assets
The digital move complements the building distributor’s June acquisition of software provider WTS Paradigm.
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Builders FirstSource Acquires California TrusFrame for $179.5M
Builders FirstSource CEO: The move will “strengthen our broad portfolio of industry-leading solutions and valued-added products.”
Builders FirstSource Acquires California TrusFrame for $179.5M Read More »
Builders FirstSource Closes Acquisition of WTS Paradigm
With the deal completed, Builders FirstSource said Paradigm will operate as an independent business going forward.
Builders FirstSource Closes Acquisition of WTS Paradigm Read More »
Builders FirstSource Announces $1 Billion Stock Repurchase Plan
Builders FirstSource CEO and President Flitman said the stock repurchase plan underpins the company’s confidence in its balance sheet and strong cash flow generation.
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Builders FirstSource Sales Spike Due to BMC Merger
Dallas-based building materials distributor Builders FirstSource, still riding the momentum of its merger with BMC Stock Holdings, reported another strong quarter.
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