BXC News

BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today announced that it received written notice from the New York Stock Exchange (NYSE) that the Company is not in compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual because its average market capitalization has been less than $50 million over a consecutive 30 trading-day period and its last reported stockholders' equity was below $50 million. Prior to the significant stock market decline triggered by the COVID-19 pandemic, the Company’s market capitalization was above $50 million.

BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States (the “Company”), today responded further to the recent misleading public statements by an investment firm that goes by the name of Bluefin Acquisitions, LLC. regarding its purported tender offer. In two recent press releases, Bluefin Acquisitions claimed that it was making, and then confirming, a tender offer to acquire at least 35% of the Company’s common stock at a price of $24.50 per share, and that Morrow Sodali LLC had been engaged as its information agent. Bluefin Acquisitions went on to claim that it would, in connection therewith, file related tender offer materials with the U.S. Securities and Exchange Commission (“SEC”) no later than today, Monday, February 24, 2020.

BlueLinx's Mitchell Lewis joins a growing list if big company CEOs taking voluntary pay cuts as the coronavirus pandemic pounds the U.S. economy.

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]

If you're interested in BlueLinx Holdings Inc. (NYSE:BXC), then you might want to consider its beta (a measure of...

BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed sale-leaseback transactions covering nine properties for aggregate net cash proceeds of $34 million, which were used to repay indebtedness under the Company’s term loan. Following the repayment described above, the balance of the Company’s term loan was approximately $85 million, which is well below the designated term loan principal balance of $95.3 million necessary to maintain the leverage covenant levels established in the third amendment to the Company’s term loan facility.

Activist filings with the SEC on Berry Global Group, Chipotle Mexican Grill, and three other companies

BlueLinx (BXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States (the “Company”), responded today to a press release issued by an investment firm that goes by the name of Bluefin Acquisitions, LLC. In its press release, Bluefin Acquisitions claimed that it was making a tender offer to acquire at least 35% of the Company’s common stock at a price of $24.50 per share. The Company was not aware of this purported offer.

BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, announced today that Susan O’Farrell, its Senior Vice President, Chief Financial Officer, and Treasurer, will be retiring after 35 years of work, including almost six years in her role with the Company. Ms. O’Farrell will remain with the Company until April 12, 2020, and will help prepare for and assist with transitioning her role.

BlueLinx (BXC) delivered earnings and revenue surprises of 78.95% and -0.05%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

MARIETTA, Ga., May 05, 2020 -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, today reported financial.

Q4 2019 BlueLinx Holdings Inc Earnings Call

BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed a sale-leaseback transaction for its distribution facilities in Elkhart, Indiana, for net cash proceeds of $7.5 million. The transaction closed on February 28, 2020, and as a part of the transaction, the Company entered into a lease agreement for the property for an initial term of 15 years, with multiple renewal options, demonstrating its long-term commitment to this local market. Net proceeds from the sale-leaseback transaction were used to repay indebtedness under the Company’s term loan.

BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed sale-leaseback transactions for aggregate net cash proceeds of $27.2 million, which were used to repay indebtedness under the Company’s term loan. The four facilities included in these sale-leaseback transactions are located in Kansas City, Missouri; Nashville, Tennessee; Richmond, Virginia; and St. Louis, Missouri. As a part of the transactions, the Company entered into lease agreements for each of the properties for initial terms of 18 years, demonstrating its long-term commitment to each of these local markets.

NEW YORK, NY / ACCESSWIRE / March 11, 2020 / BlueLinx Holdings, Inc. (NYSE:BXC) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 11, 2020 at 10:00 ...

MARIETTA, Ga., March 10, 2020 -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in the United States, today reported financial.

Q1 2020 BlueLinx Holdings Inc Earnings Call

BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, will host a conference call and webcast to discuss the company’s fourth quarter and full year 2019 financial results on Wednesday, March 11th, at 10:00 a.m. Eastern Time. The company’s press release announcing its financial results will be made available after the market closes on Tuesday, March 10th, under Press Releases in the Investor Relations section of the BlueLinx website, at www.BlueLinxCo.com. During the call, Mitch Lewis, Chief Executive Officer, and Susan O'Farrell, Chief Financial Officer and Treasurer, will discuss the company's financial results for the fourth quarter and full year.

BlueLinx Holdings Inc. (BXC), a leading distributor of building and industrial products in the United States, today provided an update on actions that it is taking to strengthen the Company’s operating position in response to the COVID-19 pandemic. “The pandemic has rapidly evolved, but we are evolving with it,” said Mitch Lewis, President and Chief Executive Officer.