Builders FirstSource (BLDR) Tops Q2 EPS by 35c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Wall St futures pause after AI rally, focus on Mideast tensions
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Builders FirstSource Reports Second Quarter 2020 Results
July 30, 2020 4:15 PM EDTDALLAS, July 30, 2020 (GLOBE NEWSWIRE) -- Builders FirstSource, Inc. (Nasdaq:Â BLDR) today reported its results for the second quarter ending June 30, 2020.
Second Quarter 2020 Highlights:
Net sales for the quarter increased by 2.2% compared to the prior year period- Core organic sales declined 2.1%, excluding acquisitions and commodity impacts- Acquisitions contributed net sales growth of 2.5%- Estimated sales volume, which includes core organic and acquisitions, grew by 0.4%- Commodity inflation increased sales by 1.8%Adjusted EBITDA increased 11.2% to a record $162 million, or 8.3% of net sales driven by disciplined cost managementNet income of $78.9 million, or $0.67 per... More