Latest news with #BlueLinxHoldingsInc
Yahoo
03-06-2025
- Business
- Yahoo
BlueLinx Appoints Mark Mason as Vice President, Product Management
ATLANTA, June 03, 2025--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today announced the appointment of Mark Mason as Vice President, Product Management, effective June 9, 2025. Mr. Mason brings with him 15 years of leadership experience across product management, category management, and commercialization in the building products and industrial tools sectors. He will lead the company's product management strategy, overseeing roadmap development, portfolio optimization, and cross-functional execution to drive our profitable sales growth strategy. Mr. Mason joins BlueLinx from Stanley Black & Decker, where he most recently served as Vice President of Category Management for the STANLEY brand. In this role, he led commercialization efforts across power tools, hand tools, and outdoor products translating global strategies into regional market executions including North America. Mr. Mason has played a key role in streamlining product portfolios, enhancing product strategies, supplier and customer partnerships, pricing strategies, and licensing programs. He has also contributed to the launch of new products and has helped lead multi-brand collaboration. Earlier in his career, Mr. Mason held leadership positions at Polaris, Gerber Gear, and Newell Rubbermaid. "We are thrilled to welcome Mark to the executive leadership team," said Shyam Reddy, President and Chief Executive Officer at BlueLinx. "His proven track record in optimizing portfolios and leading high-performing teams will be instrumental to executing our product strategy to drive profitable sales growth." ABOUT BLUELINX BlueLinx Holdings Inc. (NYSE: BXC) is a leading U.S. wholesale distributor of residential and commercial building products with both branded and private-label SKUs across product categories such as lumber, panels, engineered wood, siding, millwork, and industrial products. With a strong market position, broad geographic coverage footprint servicing fifty states, and the strength of a locally focused sales force, we distribute a comprehensive range of products to our customers which include national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers, and industrial manufacturers. BlueLinx provides a wide range of value-added services and solutions to our customers and suppliers, and we operate our business through a broad network of distribution centers. To learn more about BlueLinx, please visit View source version on Contacts INVESTOR CONTACT Tom MorabitoInvestor Relations Officer(470) 394-0099investor@ MEDIA CONTACT Jenna LevySenior Manager, Corporate Communications(770) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
BlueLinx Announces Expansion of Distribution Partnership with LP Building Solutions
ATLANTA, June 02, 2025--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, are pleased to announce the expansion of their distribution partnership to Springfield, Missouri. The expanded collaboration will include LP's renowned Siding Solutions brands and prefinished solutions, namely LP® SmartSide® Trim & Siding and LP® SmartSide® ExpertFinish® Trim & Siding. This strategic move expands BlueLinx's stocking footprint of LP® SmartSide® to 19 locations, spanning five of BlueLinx's regions across the United States. "Following the successful expansions in Monroe, Louisiana, and Little Rock, Arkansas, earlier this year, we are thrilled to announce our third expansion with the addition of Springfield, Missouri," said Leo Oei, Vice President of Product Management and National Accounts. "This continued growth reflects the strong alignment between our organizations and underscores our shared commitment to delivering value through strategic market expansion. By leveraging our customer relationships, logistics expertise, and operational excellence, we are proud to offer LP's high-quality products alongside our best-in-class specialty solutions for the single-family, multi-family, and light commercial building sectors." "We are excited to further expand our distribution footprint with BlueLinx in Springfield," said Sarah Galvin, LP National Account Manager. "This expansion will provide additional options to access SmartSide® in both Primed and ExpertFinish® in what we would consider an underpenetrated market. We are looking forward to continued growth and success with top tier partners like BlueLinx." ABOUT BLUELINX BlueLinx Holdings Inc. (NYSE: BXC) is a leading U.S. wholesale distributor of residential and commercial building products with both branded and private-label SKUs across product categories such as lumber, panels, engineered wood, siding, millwork, and industrial products. With a strong market position, broad geographic coverage footprint servicing fifty states, and the strength of a locally focused sales force, we distribute a comprehensive range of products to our customers which include national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers, and industrial manufacturers. BlueLinx provides a wide range of value-added services and solutions to our customers and suppliers, and we operate our business through a broad network of distribution centers. To learn more about BlueLinx, please visit ABOUT LP ® BUILDING SOLUTIONS Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) is a leader in high-performance building solutions, manufacturing engineered wood building products that meet the demands of builders, remodelers, and homeowners worldwide. LP offers a comprehensive range of innovative and dependable building products and accessories, including Siding Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions®), LP Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore™ Thermal Insulated Sheathing, and LP® TopNotch®350 Durable Sub-Flooring), and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while our shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile, and Brazil. For more information, visit View source version on Contacts INVESTOR CONTACT Tom MorabitoInvestor Relations Officer(470) 394-0099investor@ MEDIA CONTACT Jenna LevySenior Manager, Corporate Communications(770) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
02-06-2025
- Business
- Business Wire
BlueLinx Announces Expansion of Distribution Partnership with LP Building Solutions
ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, and Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX), a leading manufacturer of engineered wood building products, are pleased to announce the expansion of their distribution partnership to Springfield, Missouri. The expanded collaboration will include LP's renowned Siding Solutions brands and prefinished solutions, namely LP® SmartSide® Trim & Siding and LP® SmartSide® ExpertFinish® Trim & Siding. This strategic move expands BlueLinx's stocking footprint of LP® SmartSide® to 19 locations, spanning five of BlueLinx's regions across the United States. "Following the successful expansions in Monroe, Louisiana, and Little Rock, Arkansas, earlier this year, we are thrilled to announce our third expansion with the addition of Springfield, Missouri,' said Leo Oei, Vice President of Product Management and National Accounts. 'This continued growth reflects the strong alignment between our organizations and underscores our shared commitment to delivering value through strategic market expansion. By leveraging our customer relationships, logistics expertise, and operational excellence, we are proud to offer LP's high-quality products alongside our best-in-class specialty solutions for the single-family, multi-family, and light commercial building sectors." 'We are excited to further expand our distribution footprint with BlueLinx in Springfield,' said Sarah Galvin, LP National Account Manager. 'This expansion will provide additional options to access SmartSide® in both Primed and ExpertFinish® in what we would consider an underpenetrated market. We are looking forward to continued growth and success with top tier partners like BlueLinx.' ABOUT BLUELINX BlueLinx Holdings Inc. (NYSE: BXC) is a leading U.S. wholesale distributor of residential and commercial building products with both branded and private-label SKUs across product categories such as lumber, panels, engineered wood, siding, millwork, and industrial products. With a strong market position, broad geographic coverage footprint servicing fifty states, and the strength of a locally focused sales force, we distribute a comprehensive range of products to our customers which include national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers, and industrial manufacturers. BlueLinx provides a wide range of value-added services and solutions to our customers and suppliers, and we operate our business through a broad network of distribution centers. To learn more about BlueLinx, please visit ABOUT LP ® BUILDING SOLUTIONS Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) is a leader in high-performance building solutions, manufacturing engineered wood building products that meet the demands of builders, remodelers, and homeowners worldwide. LP offers a comprehensive range of innovative and dependable building products and accessories, including Siding Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions®), LP Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore™ Thermal Insulated Sheathing, and LP® TopNotch®350 Durable Sub-Flooring), and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while our shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile, and Brazil. For more information, visit
Yahoo
01-05-2025
- Business
- Yahoo
BlueLinx Holdings Inc (BXC) Q1 2025 Earnings Call Highlights: Navigating Market Challenges with ...
Release Date: April 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. BlueLinx Holdings Inc (NYSE:BXC) achieved gross margins of over 18% for specialty products and just over 9% for structural products despite price deflation and lower volumes. The company is executing on its market share gain strategies, particularly in engineered wood products, siding, millwork, industrial, and outdoor living products. Digital transformation efforts are on track, with phase one expected to be completed by Q3 2025, aiming to modernize the business and differentiate in the market. The Greenfield in Portland, Oregon, is performing better than expected, expanding its product offering and leveraging key supplier relationships. BlueLinx Holdings Inc (NYSE:BXC) maintains a strong financial position with significant liquidity, allowing for strategic investments and share repurchases. Specialty product net sales declined nearly 5% year over year due to continued price deflation and volume pressure, particularly in siding and industrial products. The West region, especially Texas, faced significant headwinds due to challenges with large track builders. Tariffs are expected to put pressure on gross margins, and it may be difficult to maintain recent margins in certain product categories. The housing market remains challenging, with low existing home sales and declining consumer sentiment impacting the building materials sector. Inventory levels are elevated due to a soft start to the year, influenced by weather conditions and market softness. Warning! GuruFocus has detected 2 Warning Sign with BXC. Q: Can you clarify the impact of market challenges and tariffs on specialty gross margins? A: Unidentified_4 explained that competitive pricing pressures, unconstrained supply, and softer demand have put pressure on specialty margins. While they plan to pass tariff impacts through pricing, the market's ability to absorb both the tariff costs and maintain historical margins is uncertain. The gross profit might remain the same, but margins could decrease depending on the tariff's magnitude and the country involved. Q: Have there been any pricing adjustments in response to tariffs or market conditions? A: Unidentified_4 stated that there have been no changes to their pricing strategy. While tariffs are passed through costs, there hasn't been a significant market lift due to tariffs. The market is maintaining its course until more clarity is provided, with an expected single-digit impact on costs if announced tariffs are implemented. Q: How are elevated inventory levels being managed, and which segments are most impacted? A: Unidentified_4 noted that inventory management remains disciplined, with regular goals and targets. The inventory build-up is partly due to a soft start to the year, influenced by weather conditions. However, volumes have increased significantly in Q2, driven by their channel and product strategy and potential pent-up demand. Q: Are new channels and geographies impacting margins as you expand your multi-family exposure? A: Unidentified_4 mentioned that while there are normal market conditions affecting margins, their greenfield opportunities, like in Portland, are performing better than expected. They are managing costs effectively and gaining new business, which allows for faster expansion despite market softness and competitive pressures. Q: What is the exposure to Canadian lumber, and how would increased tariffs affect sourcing and pricing? A: Unidentified_4 stated that less than 20% of their lumber is sourced from Canada. They are confident in passing through increased costs due to tariffs, as lumber and panels are priced weekly. For EWP, most manufacturers source from Canada, and any tariff costs would be passed through, reflected in pricing. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
16-04-2025
- Business
- Yahoo
BlueLinx to Host First Quarter 2025 Results Conference Call and Webcast on April 30, 2025
ATLANTA, April 16, 2025--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue first quarter 2025 financial results after the market closes on Tuesday, April 29, 2025. A conference call to discuss the Company's results will be hosted by Shyam Reddy, President and Chief Executive Officer, and Kimberly DeBrock, Vice President, Chief Accounting Officer, and Interim Principal Financial Officer, on Wednesday, April 30, 2025, at 10:00 AM ET. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the BlueLinx website at and a replay of the webcast will be available shortly after the webcast is complete. To participate in the live teleconference: Domestic Live: 1-888-660-6392 International Live: 1-929-203-0899 Passcode: 9140086 To listen to a replay of the teleconference, which will be available through May 7, 2025: Domestic Replay: 1-800-770-2030 International Replay: 1-609-800-9909 Passcode: 9140086 ABOUT BLUELINX HOLDINGS INC. BlueLinx (NYSE: BXC) is a leading U.S. wholesale distributor of residential and commercial building products with both branded and private-label SKUs across product categories such as lumber, panels, engineered wood, siding, millwork, and industrial products. With a strong market position, broad geographic coverage footprint servicing 50 states, and the strength of a locally focused sales force, we distribute a comprehensive range of products to our customers which include national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers and industrial manufacturers. BlueLinx provides a wide range of value-added services and solutions to our customers and suppliers, and we operate our business through a broad network of distribution centers. To learn more about BlueLinx, please visit View source version on Contacts Tom MorabitoInvestor Relations Officer(470) 394-0099investor@ Sign in to access your portfolio
