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| BlueLinx announces 2Q results BlueLinx Holdings Inc., a leading distributor of building products in North America, reported financial results for the second quarter ended July 4, 2009. The company generated net income of $0.6 million, or $0.02 per diluted share for the second quarter of 2009, compared with net income of $6.6 million, or $0.20 per diluted share, in the year-ago period. Revenues decreased 49% to $424 million from $835 million for the same period a year ago. Overall unit volume fell 45%. The sales decline was mainly due to lower unit volumes in both structural and specialty products driven predominately by a 46% decline in housing starts relative to year-ago levels and lower average structural product prices. write your comments about the article :: © 2009 Construction News :: home page |