BlueLinx Holdings Inc. (BXC)
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The wholesale distributor has fared well in the housing boom -- but will it last?
MARIETTA, Ga., Oct. 20, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, will issue third quarter 2021 financial results after the market closes on Tuesday, November 2, 2021. A conference call to discuss the Company's third quarter results will be hosted by Dwight Gibson, President and Chief Executive Officer, and Kelly Janzen, Senior Vice President and Chief Financial Officer, on Wednesday, November 3, 2021, at 10:00 AM ET.
MoistureShield Broadly Expands Throughout Northeast with Seven New BlueLinx Branches from North Carolina to Maine2021-10-19 13:04
ATLANTA, Oct. 19, 2021 /PRNewswire/ -- MoistureShield ® , a division of Oldcastle APG, a CRH Company, has expanded distribution with BlueLinx branch locations in Charlotte and Raleigh NC, Denville NJ, Yaphank NY, Burlington VT, Bellingham MA, and Portland ME. Each BlueLinx location will offer the full line of MoistureShield composite decking products to its dealers.
MARIETTA, Ga., Oct. 18, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC) (the “Company”), a leading U.S. wholesale distributor of building products, announced today that the Company has agreed to sell $300 million aggregate principal amount of its 6.00% Senior Secured Notes due 2029 (the “2029 Notes”) in a private offering to persons reasonably believed to be “qualified institutional buyers,” as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States under Regulation S under the Securities Act.
MARIETTA, Ga., Oct. 12, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE: BXC) (the “Company”), a leading U.S. wholesale distributor of building products, announced today that, subject to market and other conditions, the Company intends to offer (the “Offering”) Senior Secured Notes due 2029 generating aggregate gross proceeds of approximately $300 million. The Company's obligations under the 2029 Notes will be guaranteed by the Company's domestic subsidiaries that are co-borrowers under or guarantee the Company's ABL credit facility. The 2029 Notes and the related guarantees will be secured by a first-priority security interest in substantially all of the Company's and each guarantor's existing and future assets (other than receivables, inventory, deposit accounts, securities accounts, business interruption insurance and other related assets (the “ABL Collateral”)), subject to certain exceptions and customary permitted liens. The 2029 Notes and the related guarantees will also be secured on a second-pri
BlueLinx Is A Buy But Rapid Growth May Be Transitory
MARIETTA, Ga., Aug. 23, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (the “Company”) (NYSE: BXC), a leading U.S. wholesale distributor of building products, announced today that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $25 million of its outstanding shares of common stock in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Company's decision to repurchase its shares, as well as the timing of such repurchases, will depend on a variety of factors, including the ongoing assessment of the Company's capital needs, the market price of the Company's common stock, general market conditions and other corporate considerations, as determined by management. The repurchase program may be suspended or discontinued at any time.
MARIETTA, Ga., Aug. 23, 2021 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (the “Company”) (NYSE: BXC), a leading U.S. wholesale distributor of building products, announced today the termination of its “at-the-market” equity offering program (the “ATM Offering”) with Jefferies LLC (“Jefferies”) as sales agent. The Company elected to terminate the ATM Offering given its ample liquidity and to limit uncertainty and unfavorable dilution for its shareholders.
BlueLinx Holdings Inc. (BXC) CEO Dwight Gibson on Q2 2021 Results - Earnings Call Transcript
The stock price of BlueLinx Holdings Inc. (NYSE: BXC) increased by over 12% pre-market. This is why it happened.