ATLANTA — BlueLinx Holdings, a U.S. wholesale distributor of building products, reported financial results for the three months ended June 29, 2024. Highlights include: Gross profit of $122 million, gross margin of 15.9% and specialty product gross margin of 19.3%; Net income of $14 million; and Adjusted EBITDA of $34 million, 4.5% of net sales. …Shyam Reddy, President and CEO of BlueLinx… “We also generated solid specialty product gross margins of approximately 19%, despite the effects of price deflation. The quarter was adversely impacted by structural products, primarily driven by declining lumber and panel prices, in addition to volume declines due to challenges in the housing and building products sector.”