Builders FirstSource Inc. (NYSE: BLDR), Irving, Texas, national distributor of building products and prefab components, reported sales for the third quarter ended Sept. 30, 2024, were $4.2 billion, a decrease of 6.7% from the prior-year period.
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Profit for the quarter fell 36.9% to $284.8 million.
Year-to-date sales were $12.6 billion, down 2.8% from the first nine months of 2023. Profit fell 25.4% to $887.7 million.
“Our six acquisitions during the third quarter reinforce our commitment to investing in value-added products to enhance our margin profile. I am confident in our ability to execute our strategy and drive long-term growth,” said Dave Rush, Builders FirstSource’s outgoing CEO.
Builders FirstSource operates 570 locations in 43 states.
