BLDR Reports Q3 2024 Earnings with Declines in Sales and Profit
BLDR (BLDR) reported Q3 2024 earnings with net sales of $4.2 billion, a 6.7% decrease, driven by declines in core organic sales and commodity deflation. The company also saw a 23% drop in adjusted EBITDA and a 28% decrease in adjusted earnings per share, reflecting challenges in the multifamily and single-family housing segments.
Tickers: $BLDR
Topics: Earnings EBITDA Gross Profit Multifamily Sales Net Income Sales Decline SG&A Expense Single-Family Sales