Content about BlueLinx Holdings

BlueLinx Holdings, the Atlanta-based distributor of building products, reported a loss of $23.0 million for the full year ended Dec. 29. That compares with a loss of $38.6 million in the prior year.

Sales for the year increased 8.7% to $1.91 billion.

"As we move forward in 2013, we are confident in our ability to both increase our penetration of a growing market and maintain the operating discipline that we demonstrated over the last several years," said George Judd, president and CEO.

BlueLinx Holdings, a leading distributor of building products in North America, reported revenues of $496.8 million for their third fiscal quarter, a 5.1% increase over revenues of $472.9 million for the same quarter a year ago.

Net income for the third quarter, which ended Sept. 29, was $3.1 million, compared with a net loss of $6.2 million in the same quarter of 2011.

BlueLinx Holdings, the Atlanta-based building materials distributor, reported sales of $517 million for its second fiscal quarter, a 3.3% gain over sales of $500.8 million in the same quarter of 2011. The increase in revenue was attributed to increased underlying product prices for both specialty and structural product categories. Overall unit volume declined 1.3% compared with the same period a year ago as seasonal demand was pulled forward by favorable weather experienced during the first quarter of fiscal 2012, the company said.

BlueLinx Holdings, the Atlanta-based distributor of building products, has announced plans to launch a complete line of privately branded engineered lumber products. The company currently is finalizing agreements with suppliers, and anticipates that the new line will be available beginning Feb. 13, 2012. The Engineered Lumber Purchase Agreement with Georgia-Pacific Wood Products, under which BlueLinx currently distributes engineered lumber, will expire in accordance with its terms on Feb. 12, 2012.

Atlanta-based building products distribution giant BlueLinx Holdings is having some success in its emphasis on value-added specialty products, but it couldn't hold off total sales declines in the second quarter.

BlueLinx posted a loss of $9.8 million in the quarter ended July 2, compared with a net loss of $3.4 million in the same quarter last year. Revenues declined 7.4% to $500.8 million.

Fourth-quarter revenues at BlueLinx Holdings increased 0.5% to $367.9 million from $366.1 million for the same period a year ago. 

The increase reflects a 7.4% increase in specialty product sales and a 9.5% decrease in structural product sales. Still, the company swung to a fourth-quarter loss of $20.2 million, compared with net income of $12.0 million in last year's fourth quarter.