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BlueLinx provides update on first 11 weeks of Q1
The Fly

BlueLinx provides update on first 11 weeks of Q1

Through the first 11 weeks of the first quarter of 2023, specialty product gross margin was in the range of 18% to 19%, with daily sales volumes lower by a range of 17% to 18% versus the prior year due to the current challenging macro environment and compared to a historically strong Q1 2022. Structural product gross margin was in the range of 10% to 11% with daily sales volumes relatively consistent when compared to last year. The company will continue to evaluate market pricing for wood-based commodities and adjust accordingly at the end of each period. The company intends to provide its full financial results for the first quarter 2023 in early May.

Published first on TheFly

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