Slide 1: Q2 2026 Earnings Presentation
Q2 2026 Earnings Presentation PETER JACKSON, CEO PETE BECKMANN, CFO July 30, 2026 Footnote
Slide 2: Safe Harbor & Non-GAAP Financial Measures
Safe Harbor & Non-GAAP Financial Measures Cautionary Notice Statements in this presentation and the schedules hereto that are not purely historical facts or that necessarily depend upon future events, including statements about forecasted financial performance or other statements about anticipations
Slide 3: Clear Strategic Pillars Driving Long-Term Profitable Growth
Clear Strategic Pillars Driving Long-Ter m Profitable Growth Organic Growth with a Drive Continue to Disciplined Focus on Operational Build Our High- Capital Value-Added Excellence & Performing Allocation Products and Invest in Digital Culture Services and Innovation Footnote © C O P Y R I G H T B U
Slide 4: Q2 2026 Performance
Q2 2026 Perfor mance $3.9B $1.1B $329M $1.17 Net Gross Adjusted Adjusted Sales Profit EBITDA2 Diluted EPS2 8.8% 16.3% 34.9% 50.8% Decrease1 Decrease1 Decrease1 Decrease1 28.1% 8.5% 3.3% Gross Margin Adj. EBITDA Margin2 Adj. Net Income % of Sales2 Generated $32M in Free Cash Flow in Q2 1) Comparison
Slide 5: Positioned to Outperform in All Market Scenarios
Positioned to Outperfor m in All Market Scenarios Optionality to Manage Across Environments BFS ADVANTAGES Weaker Economy Stronger Economy ✓ Right-size network and optimize capacity ✓ Accelerate digital and technology Differentiated Scale transformation ✓ Tighter controls on discretionary spending ✓
Slide 6: Continued Execution of Our Strategy
Continued Execution of Our Strategy ▪ Maintained our competitive positioning in a challenging market ▪ ~47% value-added product mix to date in 2026 ▪ Delivered $28M in productivity savings in Q2 and $34M year to date related to operational excellence and supply chain initiatives ▪ Identified an addi
Slide 7: Disciplined Capital Deployment Framework
Disciplined Capital Deployment Framework $410M Q2 Highlights $81M ~$36M invested in sustaining the $26M business and advancing our digital strategy ~$14M deployed on one acquisition to expand our footprint into high-growth $303M geographies and enhance our value- added offerings YTD 2026 Share Repur
Slide 8: Increasing Value-Added Mix and Expanding to Desirable Geographies Through M&A
Increasing Value-Added Mix and Expanding to Desirable Geographies Through M&A 2021 2022 2023 2024 2025 2026 42 Acquisitions Completed Since 2021 Representing ~$2.3B in Annual Sales1 1) Acquisitions completed since the BMC merger through June 30, 2026. Annual sales total includes sales per day estima
Slide 9: Leading the Industry’s Digital Transformation – Empowering Builders With Digital Capabilities
Leading the Industr y’s Digital Transfor mation – Empowering Builders With Digital Capabilities Digital Amplifies Our Core and Streamlines the Homebuilding Industry for All Stakeholders Core to How We Operate Amplifies Organic Growth Evolves the Digital Ecosystem Build consumer-grade solutions to Di
Slide 10: Q2 2026 Financial Update
Q2 2026 Financial Update Net Sales Mix by Product Category Net Sales Mix by End Market Value-Added Product Mix: ~46% Repair & Remodel / Other 27% 21% 22% Manufactured Products $3.9B Windows, Doors & Millwork Multi-Family 10% $3.9B Specialty Building Products & Services 68% 27% 25% Single-Family Lumb
Slide 11: Q2 2026 Financial Update
Q2 2026 Financial Update Core Organic Sales1 Core Organic Sales1 Highlights by End Market Highlights by Product ▪ Single Family (SF): -8% ▪ Value-Added Core Organic Sales1 decreased 11% attributable to lower starts activity – Manufactured Products decreased 12%, primarily due and value per start to
Slide 12: Q2 2026 Financial Update
Q2 2026 Financial Update Net Sales ($M) Bridge -$257 -$114 $4,234 -7.0% Core Organic1 $3,863 +0.9% Acquisitions -2.7% Deflation Q2 2025 Non-Commodity2 Commodity Q2 2026 Adjusted EBITDA3 ($M) Bridge -$157 -$20 $506 $329 Q2 2025 Non-Commodity2 Commodity Q2 2026 Note: Bridge values may not sum to total
Slide 13: Strong Balance Sheet and Liquidity Provide Financial Flexibility
Strong Balance Sheet and Liquidity Provide Financial Flexibility Consistent Capital Allocation Priorities Net Leverage1 Profile 1 Maintain a Strong Balance Sheet Organic Growth 3.6x 2 2.7x 1.9x 3 Inorganic Growth 1.3x 1.5x 1.0x 1.1x 0.7x 4 Return Capital to Shareholders 2019PF 2020PF 2021 2022 2023
Slide 14: 2026 Outlook
2026 Outlook 2026 Full Year Outlook Metrics Current Guidance Prior Guidance 2025 Actual Total Net Sales1 $14.0 to $14.8 billion $14.6 to $15.6 billion $15.2 billion Gross Profit Margin1 27.5% to 28.5% 27.5% to 29% 30.4% Total Adjusted EBITDA1,4 $1.0 to $1.2 billion $1.1 to $1.5 billion $1.6 billion
Slide 15: 2026 Full Year Assumptions
2026 Full Year Assumptions 2026 Full Year Assumptions Metrics Current Assumptions Prior Assumptions Single Family Starts Growth (BLDR geographies) Down Mid- to High-Single Digits Down Low-Single Digits Multi-Family Starts Growth (BLDR geographies)1 Down Mid-Single Digits Down Low-Single Digits Repai
Slide 16: Appendix
Appendix Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D .
Slide 17: Overview of Base Business Framework
Over view of Base Business Framework ~61% of BFS’s Base Business1 Underlying Base Business Assumptions is Non-Commodity Windows, Doors & Millwork Lumber & Lumber Sheet Goods ▪ Assumes $400/mbf lumber and lumber sheet goods Manufactured Products Specialized Products & Other pricing (in line with long
Slide 18: Base Business Performance Aligned with Long-Term Plan
Base Business Perfor mance Aligned with Long-Ter m Plan Sales ($B) Adjusted EBITDA2 ($B) $22.7 $4.4 $19.9 ~3% ~3% $5.0 $4.2 $17.1 $16.4 $3.1 $2.1 $15.2 $2.9 $12.8 $0.6 $0.0 $14.4 $10.9 $1.3 $0.6 $2.3 $0.3 $0.0 $0.0 $1.6 $17.7 $1.1 $15.7 $16.5 $16.4 $15.5 $14.4 $0.8 $2.3 $2.3 $2.3 $1.1 $11.5 $12.5 $0
Slide 19: Historical Trend Comparison
Historical Trend Comparison 10-Year Single Family Starts Trend thousands 1,200 1,127 1,100 991 1,005 1,013 1,000 948 940 876 888 875 900 849 800 700 1 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026E Aggregated2 Pro Forma3 Actuals Outlook1 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026E1 Net Sa
Slide 20: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 20 20
Slide 21: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 21 21
Slide 22: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 22 22
Slide 23: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 23 23
Slide 24: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 24 24
Slide 25: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 25 25
Slide 26: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 26 26
Slide 27: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 27 27
Slide 28: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 28 28
Slide 29: Summary Financial Information & Reconciliations
Summar y Financial Infor mation & Reconciliations Footnote © C O P Y R I G H T B U I L D E R S F I R S T S O U R C E . A L L R I G H T S R E S E R V E D . 29 29