Builders FirstSource Cuts 2026 Outlook as Housing Slump Pressures 2Q
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3 Articles
Acquisitions on the Rise Among Home Builders - The MortgagePoint
The number of home builders reporting that they have been approached has doubled in less than a year, according to recent results from the NAHB/Wells Fargo Housing Market Index survey. The number of home builders reporting that they have been approached has doubled in less than a year, according to recent results from the NAHB/Wells Fargo Housing Market Index survey.
Builders FirstSource Cuts 2026 Outlook as Housing Slump Pressures 2Q
Builders FirstSource reported second-quarter net sales of $3.86 billion, down 8.8% year-over-year, as weaker housing starts and commodity deflation outweighed acquisition contributions. Core organic sales decreased 7%, while commodity deflation reduced sales by another 2.7%. Acquisitions added 0.9%. Gross profit fell 16.3% to $1.09 billion, with gross margin contracting 260 basis points to 28.1%. Adjusted EBITDA fell 34.9% to $329 million, while…
Builders FirstSource reports Q2 results, weak housing market reflects decreased sales
Builders FirstSource reports Q2 results, weak housing market reflects decreased sales July 30, 2026 | 8:57 am CDT Woodworking Industry News Builders FirstSource reports Q2 results, weak housing market reflects decreased sales By Dakota Smith July 30, 2026 | 8:57 am CDT Print IRVING, Texas — Builders FirstSource, Inc. reported its results for the second quarter ended June 30, 2026.Q2 2026 highlightsAll YoY comparisons unless otherwise noted:…
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