2016 Press Releases
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Friday, September 9, 2016
BlueLinx Continues to Advance Deleveraging Strategy With Sale of Los Angeles Market Facility
ATLANTA, Sept. 09, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), announced today that it has completed the sale of its non-operating facility in La Puenta, California, which BlueLinx has historically used to serve the Los Angeles Market. The sale of the 9.25 acre facility generated aggregate net proceeds of approximately $14.5 million. With this sale, BlueLinx has realized approximately $16.4 million in net proceeds from real estate sales over the last three months. All net proce... 
Thursday, September 1, 2016
BlueLinx Advances Delevering Strategy with Completion of Three Facility Sales
Provides Update on Real Estate Sale Optimization Efforts ATLANTA, Sept. 01, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), announced today that it has recently completed the sale of its Jackson, Mississippi; Little Rock, Arkansas; and Shreveport, Louisiana facilities, for aggregate net proceeds of approximately $1.9 million. In addition to these property sales, the Company has six other non-operating facilities under contract with various purchasers in transactions expected to g... 
Thursday, August 4, 2016
BlueLinx Announces Second-Quarter Results
– Debt principal reduction of $63.6 million from Q2 2015 – – Net working capital reduced by $64.5 million from Q2 2015 – ATLANTA, Aug. 04, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building and industrial products in North America, today reported financial results for the fiscal second quarter ended July 2, 2016. “We are pleased to report our second quarter results and the significant progress we’re making on our key strategic initiatives of reduc... 
Thursday, July 21, 2016
BlueLinx to Announce Second Quarter Results on August 4th
Management to Host Conference Call at 10:00am ET ATLANTA, July 21, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America will release second-quarter financial results on Thursday, August 4th, with a conference call at 10:00 a.m. Eastern Time. 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 period ended July 2,... 
Monday, June 13, 2016
BlueLinx Announces 1-For-10 Reverse Stock Split
ATLANTA, June 13, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC) announced that its stockholders approved, at the annual stockholders’ meeting held on May 19, 2016, an amendment to the Company’s Certificate of Incorporation to effect a 1-for-10 reverse stock split of the Company’s common stock, including a reduction in the number of authorized shares of common stock. The reverse stock split, which the Company effected today, was approved by a vote of stockholders holding over 95% o... 
Thursday, May 12, 2016
BlueLinx Announces First-Quarter Results
- Gross Profit up $7.4 million, or 14.7% compared to Q1 2015 - - Unit volume increased 10.0% from Q1 2015 - - Adjusted EBITDA of $7.0 million, up $6.6 million - Best first quarter since 2007 - ATLANTA, May 12, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America, today reported financial results for the fiscal first quarter ended April 2, 2016. First Quarter Financial Highlights Revenue increased 4.3% from first quar... 
Friday, April 29, 2016
BlueLinx to Announce First Quarter Results on May 12th
Management to Host Conference Call at 10:00am ET ATLANTA, April 29, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America will release first-quarter financial results on Thursday, May 12th, followed by a conference call at 10:00 a.m. Eastern Time. 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 period ended Ap... 
Thursday, April 21, 2016
BlueLinx Announces Deleveraging Plan
ATLANTA, April 21, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), today announced an operational efficiency initiative to improve its working capital performance and reduce the Company’s financial leverage. The initiative included a strategic review of the Company’s distribution centers and the Company has identified four facilities for closure. The Company will continue to fully operate these four facilities, with transition actions commencing immediately. We expect to close t... 
Monday, March 28, 2016
BlueLinx Announces Fourth-Quarter and Full-Year Results
- Successfully Completed Loan Extensions - - Best Fourth Quarter of Adjusted EBITDA since 2006 - - Adjusted EBITDA of $4.2 million, Up 121% from Q4 2014 - - Net Debt Down $23.6 million from Prior Year-End - ATLANTA, March 28, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America, today reported financial results for the fiscal fourth quarter and audited financial results for the fiscal year-ended January 2, 2016. Fourth Qua... 
Wednesday, March 23, 2016
BlueLinx to Announce Fourth Quarter Results on March 24th
Management to Host Conference Call at 10:00am ET ATLANTA, March 23, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America, announced March 15th  in a press release that it will release fourth-quarter and full year financial results tomorrow, Thursday, March 24th, followed by a conference call at 10:00 a.m. Eastern Time. During the call, Mitch Lewis, Chief Executive Officer and Susan O'Farrell, Chief Financial Officer and Tr... 
Tuesday, March 15, 2016
BlueLinx Announces Preliminary Fourth Quarter and Full Year Results
- Best Fourth Quarter of Adjusted EBITDA since 2006 - - Adjusted EBITDA of $4.2 million, Up 121% from Q4 2014 - - Net Debt Down $23.6 million from Prior Year-End - ATLANTA, March 15, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America, expects to report the following preliminary unaudited financial results for the fourth quarter ended January 2, 2016. Fourth Quarter Financial Highlights  Adjusted EBITDA of $4.2 milli... 
Monday, February 1, 2016
BlueLinx Holdings Inc. Announces Three-Year Real Estate Loan Deal
ATLANTA, Feb. 01, 2016 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC) (“BlueLinx”, or the “Company”) today announced that it has entered into a term sheet with its existing real estate lenders, pursuant to which the term of its outstanding $159.8 million real estate loan will be extended for three years. Key terms of the extension also include: New maturity date of July 1, 2019 Interest-only at an annual rate of 6.35% Principal pay-down of at least $60 million by July 1, 20... 
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