Builders FirstSource, Inc. (BLDR) engages in strategic acquisitions and divestitures to expand extensively across vast geographic boundaries and focus on its long-term plans of pursuing growth initiatives in its core value-added business operations.Focusing on the acquisition part of its growth strategy, Builders FirstSource recently acquired Schoeneman's Building Materials Center. The acquisition closed within 45 days of the signing of the letter of intent.This strategic transaction will contribute to the ...

Key TakeawaysThe S&P 500 ticked 0.1% higher on Tuesday, May 7, 2024, holding on to its streak of winning sessions dating back to the middle of last week.Shares of FMC Corp. soared after the agricultural chemical provider issued strong full-year revenue guidance, forecasting a sales boost from new product launches.Building materials supplier Builders FirstSource reported a year-over-year decline in gross profit margin, and its shares tumbled. Major U.S. equities indexes were mixed and little changed on Tuesd ...

Builders FirstSource, Inc. (BLDR) reported better-than-expected results in first-quarter 2024. Both earnings and net sales surpassed the Zacks Consensus Estimate.However, earnings declined year over year and net sales rose slightly from the prior year. A weakening Multi-Family market and higher mortgage rates driving affordability challenges were major headwinds.Shares of this manufacturer and supplier of building materials dipped 12.9% in the pre-market trading session on May 7.On an impressive note, BLDR ...

li UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-40620 BUILDERS FIRSTSOURCE, INC. (Exact name of registrant as specified in its charter) Delaware 52-2084569 (State or other jurisdiction ...

财务数据和关键指标变化 - 公司第一季度净销售额为39亿美元,同比增长1.9%,主要由于收购带来的增长抵消了大宗商品价格下降的影响 [33] - 毛利润为13亿美元,同比增长5%,毛利率为33.4%,同比下降190个基点,主要由于产品组合向较低毛利的早期住宅建筑产品转移,以及多户型建筑业务利润率的正常化 [36][37] - 经调整EBITDA为5.41亿美元,同比下降14%,主要由于毛利润下降和运营费用增加 [38] - 经调整每股收益为2.65美元,同比下降11% [38] 各条业务线数据和关键指标变化 - 单户型住宅业务销售额同比增长4%以上,反映了对早期住宅建筑产品的较强需求 [33] - 多户型建筑业务销售额同比下降13%以上,符合公司此前的预期,多户型建筑业务仍是公司较高毛利的贡献来源 [21][35] - 装修及其他业务销售额同比下降近5%,主要受到东北地区恶劣天气的影响 [34] 各个市场数据和关键指标变化 - 东部地区销售额中单位数下降中个位数,中部地区持平,西部地区中个位数增长 [33] - 恶劣天气对第一季度整体销售产生了3%-4%的负面影响 [35] 公司战略和发展方向及行业竞争 - 公司专注于价值增值产品、安装服务和数字解决方案,推动有机增长,提高效率,引领下一代住宅建设 [11][19] - 公司通过并购实现了价值增值产品占比的持续提升,未来仍有较长的并购空间 [24][25] - 公司数字化平台myBLDR.com的推出为客户带来了更高的效率和个性化,预计将成为公司未来重要的增长引擎 [26][28] - 行业内较小参与者在大宗商品产品方面更具竞争性,公司选择在附加值更高的领域进行竞争 [134][135] 管理层对经营环境和未来前景的评论 - 单户型住宅市场增长虽有所放缓,但低存量和旺盛需求为公司带来持续增长机会 [20] - 多户型建筑业务将在今年内逐步恢复正常水平,仍将为公司贡献较高毛利 [21][22] - 公司有信心实现全年指引,并将继续保持谨慎的资本部署策略 [49] 问答环节重要的提问和回答 问题1 **Matthew Bouley 提问** 询问第二季度毛利率情况,是否完全消化了多户型和核心业务的超额利润 [55][56] **Peter Jackson 回答** 多户型业务的利润率将持续正常化,整体毛利率预计在30%-33%区间,符合公司的长期预期 [56][57] 问题2 **Mike Dahl 提问** 询问全年指引中第二半年的增长预期是否过于乐观 [62][63] **Peter Jackson 回答** 公司对全年指引很有信心,第二半年的增长预期是基于早期建筑产品的良好势头以及后期产品的预期反弹 [66][67][68][69] 问题3 **Trey Grooms 提问** 询问第二季度指引低于预期的原因 [79] **Dave Rush 回答** 多户型业务的交付进度有所延后,但公司采取了一些措施来平滑这一过渡,同时单户型业务保持稳健 [80][81][82]

Q1 2024 Ear nings Presentation D AV E R U S H , C E O P E T E R J A C K S O N , C F O M AY 7 , 2 0 2 4 ...

Builders FirstSource (BLDR) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $2.42 per share. This compares to earnings of $2.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.50%. A quarter ago, it was expected that this construction supply company would post earnings of $2.70 per share when it actually produced earnings of $3.55, delivering a surprise of 31.48%.Over the last fou ...

For Immediate Release Builders FirstSource Reports First Quarter 2024 Results and Reaffirms 2024 Guidance May 07, 2024 (Irving, TX) – Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights All Year-Over-Year Comparisons Unless Otherwise Noted: • Net sales were $3.9 billion, a 0.2% increase, with core organic sales essentially flat, in line with expectations, and growth from acquisitions partially offset by commodity deflat ...

Builders FirstSource, Inc. (BLDR) is slated to report first-quarter 2024 results on May 7, before the opening bell.In the last reported quarter, the company’s adjusted earnings and net sales topped the Zacks Consensus Estimate by 31.5% and 3.4%, respectively. Earnings increased 10.6% but net sales declined 4.7% from the year-ago quarter.The company’s earnings have topped the consensus mark in each of the trailing 22 quarters.Trend in Estimate RevisionThe Zacks Consensus Estimate for BLDR’s first-quarter ear ...

In the latest trading session, Builders FirstSource (BLDR) closed at $186.69, marking a -0.29% move from the previous day. This move lagged the S&P 500's daily gain of 0.02%. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.1%.Heading into today, shares of the construction supply company had lost 9.56% over the past month, lagging the Retail-Wholesale sector's loss of 2.56% and the S&P 500's loss of 3.01% in that time.The investment community will be cl ...