Wood News

Bluelinx reports losses for 2012



PORTLAND, OR , Feb. 15, 2013 (RISI) - 

BlueLinx Holdings Inc. reported a fourth-quarter 2012 net loss of $11.4 million, or $0.19 per diluted share, compared with a net loss of $10.3 million, or $0.17 per diluted share, a year ago. Revenues for the fourth quarter were $440.3 million, up 12.6% from $391.1 million in 2011. Reported operating loss for the quarter was $4.5 million, compared to $2.6 million a year ago.

For the full year ended December 29, 2012, revenues totaled $1.908 billion, up 8.7% from $1.755 billion the same period a year ago. Net loss for the year totaled $23.0 million, or $0.38 per diluted share, compared with $38.6 million, or $0.89 per diluted share, a year earlier.

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