BlueLinx Holdings Inc. reported a strong finish to a record year with net sales of $865 million and net income of $20 million in Q4 2020. The company's performance was driven by improved execution, pricing discipline, effective inventory management, and favorable market conditions.
Net sales increased by $252 million, or 41%, to $865 million.
Gross margin increased by 90 basis points to 14.4%.
Net income was $20 million, $30 million higher than the prior period.
Adjusted EBITDA was $39 million, compared to $11 million.
Visualization of income flow from segment revenue to net income
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