BlueLinx Q2 Sales Climb 4.4% as Margins Widen on Tariff Refunds and Disdero
BXC sits 54% above its 52-week low of $44.78.
Summary
BlueLinx posted Q2 2026 net income of $6.4M ($0.81/share) on sales of $814M, with gross margin expanding to 17.2%. Results benefited from a $7.2M tariff refund and the Disdero acquisition.
Key Events · Earnings and Guidance · BXC
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Q2 Revenue and Earnings Beat
Net sales rose 4.4% to $814.1M, with net income of $6.4M ($0.81 diluted EPS) vs $4.3M ($0.54) in Q2 2025. Adjusted EBITDA was $35.6M, up 33% YoY.
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Gross Margin Expansion
Gross margin improved to 17.2% from 15.3%, driven by a $7.2M IEEPA tariff refund, the Disdero acquisition, and business transformation efforts.
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Strong Balance Sheet
Cash and equivalents of $318.2M, no borrowings under the $350M revolver, and $336.8M available. Total debt (net of unamortized costs) was $297.1M.
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Share Repurchases Continue
Repurchased $5.0M of stock YTD at an average price of $52.22. $3.7M remains under the 2023 authorization; a separate $50M authorization is available thereafter.
Analysis · BXC · Trade & Services
A solid quarter for BlueLinx saw revenue advance 4.4% to $814 million, while net income reached $6.4 million, or $0.81 per share, up from $4.3 million a year ago. Gross margin expanded sharply to 17.2% from 15.3%, aided by a $7.2 million tariff refund and the Disdero acquisition. The balance sheet remains robust, with $318 million in cash and no revolver borrowings. Stock buybacks continue, though at a slower pace than last year. The results highlight improving profitability in a mixed housing market, but the tariff refund is a one-time boost.
At the time of this filing, BXC was trading at $69.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $501.7M. The 52-week trading range was $44.78 to $87.88. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.