Construction supplies distributor Bluelinx misses Q3 sales estimates
Bluelinx's Q3 2025 net sales of $749 million fell short of analyst expectations of $757.14 million, marking a 0.2% year-over-year increase. Adjusted net income also missed estimates, while adjusted EBITDA exceeded expectations. The company acquired Disdero Lumber Co., enhancing its specialty product offerings. For Q4, Bluelinx anticipates specialty product gross margins of 17-18% and structural product margins of 8-9%. Analysts maintain a "buy" rating, with a 12-month price target of $84.00, reflecting a potential 22.8% upside from its recent trading price of $64.85.
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Overview
- Bluelinx Q3 2025 net sales missed analyst expectations, increasing 0.2% year-over-year
- Adjusted net income for Q3 missed estimates, while adjusted EBITDA beat expectations
- Company acquired Disdero Lumber Co., boosting specialty product presence
Outlook
- Company expects Q4 specialty product gross margins between 17% and 18%
- Company anticipates Q4 structural product gross margins between 8% and 9%
- Average daily sales volumes expected to be slightly down in Q4
Result Drivers
- SPECIALTY PRODUCTS - Higher volumes in engineered wood and outdoor living drove specialty product sales increase
- STRUCTURAL PRODUCTS - Structural products sales declined due to volume and price declines in lumber and panels
- DISDERO ACQUISITION - Acquisition expected to enhance specialty product margins and be accretive to earnings
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Sales Miss $749 mln $757.14
mln (4
Analysts
)
Q3 Miss $3.7 mln $4.05
Adjusted mln (4
Net Analysts
Income )
Q3 Net $1.7 mln
Income
Q3 Beat $22.4 $22.19
Adjusted mln mln (4
EBITDA Analysts
)
Q3 Free $53 mln
Cash
Flow
Q3 Gross $108 mln
Profit
Analyst Coverage
- The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 3 “strong buy” or “buy”, 1 “hold” and no “sell” or “strong sell”
- The average consensus recommendation for the construction supplies & fixtures peer group is “buy”
- Wall Street’s median 12-month price target for Bluelinx Holdings Inc is $84.00, about 22.8% above its November 3 closing price of $64.85
- The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 23 three months ago
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
