Bluelinx Holdings Inc. · NYSE:BXC
Bluelinx — Q2 2026 Earnings Presentation
23 slides from Bluelinx's earnings presentation, Aug 5, 2026
Slide 1: BlueLinx Q2 2026 Results
BlueLinx Q2 2026 Results Delivering What Matters August 5, 2026 © BlueLinx 2026. All Rights Reserved. 1
Slide 2: Safe Harbor Statement
Safe Harbor Statement This press release contains forward-looking statements. Forward-looking statements include, without limitation, any statement that predicts, forecasts, indicates or implies future results, performance, liquidity levels or achievements, and may contain the words “believe,” “anti
Slide 3: Opening Remarks
Opening Remarks Shyam Reddy President & CEO 3
Slide 4: Second Quarter 2026 Results
SECOND QUARTER 2026 RESULTS Explosive profitable growth with a highly engaged team ◼ Net Sales of $814M, up 4.4% year-over-year ❑ Due to Disdero sales, higher volumes in key categories, and improved pricing ◼ Gross Profit of $140M, up 17% year-over-year ❑ 81% of gross profit from specialty products
Slide 5: Financial Review
Financial Review Kelly Wall SVP, Chief Financial Officer and Treasurer 5
Slide 6: Second Quarter 2026 Results
SECOND QUARTER 2026 RESULTS $ in millions, except per share data and leverage ratios Q2 2026 Q2 2025 Variance Q2 Commentary Net Sales $814 $780 4.4% Gross Profit $140 $120 16.7% ◼ Net Sales increased 4.4% to $814M Gross Margin % 17.2% 15.3% 190 bps ❑ Specialty products Net Sales increased 4% ❑ Struc
Slide 7: Specialty Products Second Quarter 2026 Results
SPECIALTY PRODUCTS SECOND QUARTER 2026 RESULTS ($ in millions) Q2 Commentary ◼ Net Sales of $564M, up 4% ❑ Driven by Disdero and higher volumes in key product categories ❑ Specialty product sales represent ~70% of total net sales ◼ Gross Profit of $113M, up 12% ❑ Specialty product gross profit $105M
Slide 8: Structural Products Second Quarter 2026 Results
STRUCTURAL PRODUCTS SECOND QUARTER 2026 RESULTS ($ in millions) Q2 Commentary ◼ Net sales of $250M, up 6% ❑ Increase driven by improved pricing and volumes in lumber ❑ Year-over-year industry commodity pricing: 9% increase in average price of lumber Average price of panels relatively flat ◼ Gros
Slide 9: Balance Sheet
BALANCE SHEET ($ millions) Outstanding Debt and Finance Leases Debt Maturity Schedule $300 * Note: debt maturity schedule does not include finance lease obligations Net Leverage (1) ◼ At the end of Q2 2026: ▪ Cash and cash equivalents of $318M ▪ Total available liquidity of $655M ▪ Net debt of $58M(
Slide 10: Working Capital and Free Cash Flow
WORKING CAPITAL AND FREE CASH FLOW Net Working Capital Management (1) 2Q 2026 Free Cash Flow Walk (2) $ in millions $ in millions (1) Net Working Capital includes accounts receivable, inventory, and accounts payable; Return on net working capital is calculated by dividing trailing twelve month (TTM)
Slide 11: Capital Allocation Framework
CAPITAL ALLOCATION FRAMEWORK GUIDING PRINCIPLES ◼ Maintain strong balance sheet and OPERATING CASH FLOW FREE CASH FLOW financial stability ◼ Long-term net leverage could increase to ~ 2.0x when considering EXPAND INVEST IN THE SHARE growth BUSINESS GEOGRAPHIC REPURCHASES FOOTPRINT ◼ Invest in busine
Slide 12: Q&A
Q&A BLUELINX
Slide 13: Appendix
Appendix BLUELINX
Slide 14: Macro Trends
MACRO TRENDS Total U.S. Single Family Housing Starts (SFHS) LIRA Remodeling Activity Index Housing starts in thousands(1) TTM Moving Total - Dollars in billions(2) Starts expected to be around 20-year average and well above 2009-2011 levels Remodeling spend expected to be slightly up in 2026 20 -yea
Slide 15: Wood-Based Commodity Price Trends
WOOD-BASED COMMODITY PRICE TRENDS Framing Lumber Composite Index $/mbf, Quarterly Average Price(1) As of June 2026 Average Q2 26 lumber prices increased 9% year- over-year and increased 12% from Q1 26 Structural Panel Composite Index $/msf, Quarterly Average Price(1) As of June 2026 Average Q2 26 pa
Slide 16: Non-GAAP Measures and Supplemental Financial Information
Non-GAAP Measures and Supplemental Financial Information The Company reports its financial results in accordance with GAAP. The Company also believes that presentation of certain non-GAAP measures may be useful to investors and may provide a more complete understanding of the factors and trends affe
Slide 17: Supplemental Financial Information
Supplemental Financial Information Net sales, gross profit dollars, gross profit percentages, sales mix, and gross profit mix by product category by fiscal quarter, Q3 2023 – Q2 2026 (unaudited) In millions where dollars are presented. Rounded figures in this table may not agree to presentations in
Slide 18: Non-GAAP Reconciliation / supplemental financial information
Non-GAAP Reconciliation / supplemental financial information Adjusted Net Income (Loss) and Adjusted EPS reconciliation for fiscal quarters Q3 2023 - Q2 2026 (unaudited) In thousands, except EPS amounts. Rounded figures in this table may not agree to presentations in other formats we have published
Slide 19: Non-GAAP Reconciliation
Non-GAAP Reconciliation The following schedule reconciles Net cash provided by (used in) operating activities to Free cash flow (non-GAAP) for Q3 2023 to Q2 2026 (unaudited) In millions. Rounded figures in this table may not agree to presentations in other formats we have published such as earnings
Slide 20: Non-GAAP Reconciliation
Non-GAAP Reconciliation Net Working Capital by Fiscal Quarter Q3 2023 – Q2 2026 (unaudited) $ amounts in millions Fiscal Quarter 2Q 2026 1Q 2026 4Q 2025 3Q 2025 2Q 2025 1Q 2025 4Q 2024 3Q 2024 2Q 2024 1Q 2024 4Q 2023 3Q 2023 Receivables, net $316 $297 $218 $269 $279 $276 $226 $278 $274 $288 $228 $29
Slide 21: Non-GAAP Reconciliation / supplemental financial information
Non-GAAP Reconciliation / supplemental financial information Adjusted EBITDA reconciliation by fiscal quarter, Q3 2023 – Q2 2026 (unaudited) In millions except where percentages are presented. Some dollar amounts round to less than $1 million and therefore no amount is presented in the table below.
Slide 22: Non-GAAP Reconciliation
Non-GAAP Reconciliation Twelve-Month Trailing Adjusted EBITDA reconciliation by Fiscal Quarter, Q3 2023 – Q2 2026 (unaudited) In millions $. Some dollar amounts round to less than $1 million and therefore no amount is presented in the table below. Twelve-Month Trailing as of the End of Fiscal Quarte
Slide 23: Non-GAAP Reconciliation / Supplemental Financial Information
Non-GAAP Reconciliation / Supplemental Financial Information The following schedule reconciles Total debt and finance leases to: Net debt (non-GAAP) and to Net debt excluding finance lease liabilities for real property (non-GAAP). The calculations of Net leverage ratio (non-GAAP) and Net leverage ra