BlueLinx Holdings Inc. · NYSE:BXC
BlueLinx — Q4 2016 Earnings Presentation
11 slides from BlueLinx's earnings presentation, Mar 2, 2017
Slide 1: BlueLinx Quarterly Review Fourth Quarter 2016
BlueLinx Quarterly Review Fourth Quarter 2016
Slide 2: Forward-Looking Statement Safe Harbor
2 Forward-Looking Statement Safe Harbor - This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All of these forward-looking statements are based on estimates and assumptions made by our management that, although believed
Slide 3: Non-GAAP Measures
3 BlueLinx reports its financial results in accordance with accounting principles generally accepted in the United States (“GAAP”). The Company also believes that presentation of certain non-GAAP measures may be useful to investors. Any non-GAAP measures used herein are reconciled in the financial t
Slide 4: Mitch Lewis, Chief Executive Officer
4 Mitch Lewis Chief Executive Officer
Slide 5: Key Emphasis for BlueLinx
5 Key Emphasis • Continue initiatives to delever the Company ◦ Real estate monetization ◦ Sale/leaseback opportunities ◦ Working capital improvements • Emphasize local customer interaction to grow market share • Focus on sales excellence and customer experience Key Emphasis for BlueLinx
Slide 6: Susan O'Farrell, Chief Financial Officer and Treasurer
6 Susan O’Farrell Chief Financial Officer and Treasurer
Slide 7: Executive Summary – Fourth Quarter Results
7 Executive Summary – Fourth Quarter Results • Net Sales of $421.7 million ◦ Adjusted same-center net sales increased $47.7 million or 12.9% from Q4 2015 ◦ Adjusted same-center sales volume increased 12.4% • Gross Profit of $52.4 million, an increase of $0.9 million ◦ Adjusted same-center gross prof
Slide 8: Executive Summary – Year to Date Results
8 Executive Summary – Year to Date Results • Net Sales of $1.88 billion ◦ Adjusted same-center net sales increased $107.8 million or 6.6% from 2015 ◦ Adjusted same-center sales volume increased 8.4% • Gross Profit of $227.4 million, an increase of $4.9 million ◦ Adjusted same-center gross profit inc
Slide 9: Improving Gross Margin
Improving Gross Margin Fourth Quarter Results (GAAP) 40 bps 4Q'15 4Q'16 B® GAAP Margin by BlueLinx ” de tg Year to Date Results (Adjusted) 12.5% 70 bps 12.1% 2015 YTD 2016 YTD © Impact of Strategic Initiatives
Slide 10: Delevering the Business
10 Delevering the Business • We have sold eight unoccupied properties during fiscal 2016, which generated gross proceeds of $36.4 million • Our mortgage and revolving credit facilities decreased by $41.4 million and $42.6 million, respectively, from this period last year
Slide 11: financial schedules, please reference our Earnings
financial schedules, please reference our Earnings Release and 10-K available on our website www.BlueLinxCo.com