Builders FirstSource Q3 sales fall 2.2% on lower housing starts
BLDR•BLDR•BLDR•BLDR•Builders FirstSource reported Q3 sales of $3.9 billion, down 2.2% year over year but above analyst expectations, and adjusted EPS of $1.51. The company expects 2026 net sales of $14.2 billion to $14.6 billion and adjusted EBITDA of $1.075 billion to $1.125 billion.
Q3 sales fell 2.2% to $3.9 billion, compared with analyst expectations of $3.77 billion. Adjusted EPS was $1.51, above the $1.04 consensus, while net income was $60.4 million. The company cited lower housing starts and commodity deflation for weaker results; acquisition growth partly offset declines in core organic net sales.
Builders FirstSource expects 2026 net sales of $14.2 billion to $14.6 billion, adjusted EBITDA of $1.075 billion to $1.125 billion, and free cash flow of $400 million to $450 million. It reported $23 million in Q3 productivity savings from operational excellence and supply chain initiatives.
