Content about Builders FirstSource

December 9, 2014

Builders FirstSource is getting down to business in order to better serve various Texas markets: one, through the opening of a new distribution facility in Conroe, Texas; and two, through the relocation of its existing San Antonio facility.

The new San Antonio location is in Schertz, Texas, approximately 20 miles northeast of downtown. The 90,000-sq.-ft. warehouse and office space will be abutted by a few outside storage sheds. It will initially distribute dimensional lumber and lumber sheet goods, as well as doors and millwork in the near future.

December 2, 2014

Things swung to the sunnier side of the picture by Tuesday's close, with Builders FirstSource (BLDR) gaining a noteworthy 6.37%.

November 6, 2014

Builders FirstSource has promoted Chad Crow, previously its SVP and CFO, to the title of president and COO.

October 23, 2014

Fresh with acquisitions in Orlando, Houston, Dallas and Austin, and motivated by a positive long-term housing industry outlook, Dallas-based Builders FirstSource reported strong sales gains in its third fiscal quarter.

 And even without counting acquisitions, sales showed a healthy gains.

August 25, 2014

Monday wasn't too shabby for HCN stocks, especially for Builders FirstSource (BLDR), which jumped 2.66%.

August 7, 2014

Dallas-based Builders FirstSource purchased Truss Rite, marking the company's third acquisition of the summer.

August 1, 2014

Dallas-based Builders FirstSource has purchased West Orange Lumber Company. The deal closed on July 31, 2014. West Orange was represented by The JIAN Group of Fredericksburg, Virginia.

Groveland, Florida-based West Orange supplies lumber, roof and floor trusses, custom windows and doors, as well as installation services, to residential home builders and commercial contractors in the Central Florida region. Sales were about $15 million for fiscal 2013. 

August 1, 2014

Stocks dragged their feet on Thursday, namely Builders FirstSource (BLDR) and Eagle Materials (EXP), which were down 4.65% and 4.41%, respectively.

July 28, 2014

Several HCN stocks took big leaps up or down at Friday's close, including Builders FirstSource, which fell 8.81% following the release of its earnings report.

July 25, 2014

Builders FirstSource achieved its highest sales level since 2006 as it swung to a profit in the second quarter ended June 30.

The Dallas-based pro dealer reported sales of $426.5 million, up 7.1% from the same quarter last year. Net income was $10.6 million, compared to a net loss of $48 million in the first quarter last year.

July 22, 2014

Stocks turned down at Monday's close, with Builders FirstSource (BLDR) leading the pack in terms of bearishness.

July 21, 2014

Stocks were up across the board at Friday's close, most notably Sears Holdings (SHLD), Builders FirstSource (BLDR) and Simpson (SSD).

July 1, 2014

Dallas, Texas-based Builders FirstSource completed its acquisition of Houston-based Slone Lumber Company.

February 26, 2014

Twenty-nine stocks saw increases at the close of Wednesday; only one, Builders FirstSource, declined, with negative 1.05%

February 21, 2014

Builders FirstSource (BLDR) and Lousiana-Pacific (LPX) experienced gains of 6.46% and 4.80%, respectively, on Friday.

January 23, 2014

Builders FirstSource (BLDR) had a constructive day on Wednesday, which boosted its shares 4.85%.

December 11, 2013

HCN Top 30 stocks were largely lagging at Wednesday’s close, with only Boise Cascade (BCC) and Builders FirstSource (BLDR) making substantial gains.

November 27, 2013

Both Trex (TREX) and Builders FirstSource (BLDR) enjoyed gains of more than 4% on Tuesday.

September 27, 2013

Builders FirstSource (BLDR) was up 9.32%, though the change was from a relatively low baseline of $5.91.

July 29, 2013

Builders FirstSource CEO Floyd Sherman describes the three months ended June 30 as "another quarter of improving financial performance" for the Dallas-based pro dealer. However, hefty refinancing costs pushed the company to a net loss of $48.2 million in the quarter, compared with a net loss of $12.1 million in last year's second quarter.

The company reported operating income of $13.2 million, compared with an operating loss of $1.4 million in the second quarter last year.

July 12, 2013

LP continued its impressive climb at +6.30%, topped only by Builders FirstSource at +9.45%.

June 19, 2013

No matter how you slice them, the numbers of the HCN Top 300 Industry Scoreboard reflect the rising housing market, increased spending on the home and an easy comparison with the previous year's performance.

Of the leading 300 home channel retailers, 277 show positive sales in the most recently completed finished fiscal year, and 12 show declines. Eleven others are listed as flat.

May 14, 2013

Dallas-based pro dealer Builders FirstSource said it plans to offer $350 million of senior secured notes due in 2021. 

Also, the pro dealer intends to enter into a new revolving credit facility, expected to provide for revolving credit borrowings of up to $175.0 million.


April 26, 2013

The Dallas-based pro dealer reported sales of $319.7 million for the first quarter ended March 31, up 45.7%

Dallas-based Builders FirstSource saw sales surge in the first quarter -- up 45.7% to $319.7 million.

"We were able to achieve top-line growth of greater than 30% for a sixth consecutive quarter," said CEO Floyd Sherman. "Our sales increase once again exceeded the increase in residential construction activity, as actual single-family housing starts in the South Region increased 27.4% and single-family units under construction increased 23.2%."

December 19, 2012

Dallas-based pro dealer Builders FirstSource has announced it amended its first-lien term loan agreement with affiliates of Highbridge Principal Strategies to enhance its liquidity position to support both current and anticipated increases in sales volume.