Bluelinx Holdings Inc. · NYSE:BXC
Bluelinx — Q1 2017 Earnings Presentation
9 slides from Bluelinx's earnings presentation, May 4, 2017
Slide 1: BlueLinx Quarterly Review First Quarter 2017
BlueLinx Quarterly Review First Quarter 2017 May 4, 2017
Slide 2: Forward-Looking Statements
2 This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All of these forward-looking statements are based on estimates and assumptions made by our management that, although believed by us to be reasonable, are inherently u
Slide 3: Non-GAAP Financial Measures
3 BlueLinx reports its financial results in accordance with accounting principles generally accepted in the United States (“GAAP”). The Company also believes that presentation of certain non-GAAP measures may be useful to investors. Any non-GAAP measures used herein are reconciled to the financial t
Slide 4: Mitch Lewis, Chief Executive Officer
4 Mitch Lewis Chief Executive Officer
Slide 5: Key Emphasis for BlueLinx
5 Key Emphasis • Initiatives to delever the Company • Real estate optimization • Working capital improvements • Emphasize local customer interaction to grow market share • Focus on sales excellence and customer experience Key Emphasis for BlueLinx
Slide 6: Susan O'Farrell, Chief Financial Officer and Treasurer
6 Susan O’Farrell Chief Financial Officer and Treasurer
Slide 7: Executive Summary – First Quarter Results
7 Executive Summary – First Quarter Results • Net Sales of $428.6 million • Adjusted same-center net sales increased $9.0 million from Q1 2016 • Gross Profit of $54.4 million • Gross Margin of 12.7%, an increase of 60 basis points from Q1 2016 • Selling, General, and Administrative costs were $52.9
Slide 8: Delevering the Business
8 $272.5 $221.2 $159.4 $99.4 Q1 '16 Q1 ‘17 Mortgage Revolving credit facilities Delevering the Business 1 $320.6 $431.9 ($111.3) • Mortgage and revolving credit facilities decreased by $60.0 million and $51.3 million, respectively from this period last year • Sold five properties during the first qu
Slide 9: For financial schedules, see Earnings Release and 10-Q
For financial schedules, please reference our Earnings Release and 10-Q available on our website www.BlueLinxCo.com