A decrease in BlueLinx’s 4Q23 sales reflects a decline in specialty and structural product sales, primarily driven by price deflation.
Fellow private equity firm American Securities, which acquired FBM in 2021, retains a majority stake in the distributor.
Kodiak gains a nearly 80-year-old distributor of building materials and construction supplies.
Mike Hockett extracts eCommerce commentary from a panel discussion between STAFDA distributors, manufacturers and rep agents.
QXO intends to rapidly scale as a key distribution market player, eyeing $5 billion in annual revenue within three years of launching.
The specialty building products distributor GMS said its net sales, income and EBITDA results were ahead of previous expectations.
In just 12 years, Kodiak Building Partners has gone from inception to No. 11 on our Top Building Materials Distributors List. CEO Steve Swinney details how enabling local empowerment has keyed that growth.
Marietta, Georgia-based building products distributor BlueLinx reported a 24% decrease in sales revenue in the third quarter of 2023.
A recent report from Bloomberg stated that the minority stake of US LBM is valued at approximately $7 billion.
Structural connector and building solution manufacturer Simpson recorded consolidated net sales of $597.6 million, an increase of 0.7% YoY.
Total year-over-year sales growth of 5.9% was a sharp slowdown compared to 1Q, as daily sales slowed in each month during the quarter.
Applico outlines the most developed B2B vertical in eProcurement, its top SaaS providers and how distributors can take advantage.
