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Builders Firstsource ( (BLDR) ) has provided an announcement.
In a recent development, Builders FirstSource announced the addition of Cheryl Ainoa and Maria Renz to its Board of Directors, effective March 1, 2025. Both bring substantial expertise in digital transformation and innovation from leading tech companies, which is expected to enhance the company’s strategic direction. Furthermore, the company reported its financial results for the fourth quarter and full year 2024, highlighting a decline in net sales, gross margin, and net income due to lower core organic sales and commodity deflation. Despite these challenges, Builders FirstSource remains committed to investing in value-added solutions and technology, positioning itself for resilience and future growth.
More about Builders Firstsource
Builders FirstSource is a prominent player in the construction industry, specializing in the supply of building materials and manufactured components. The company focuses on serving the residential construction market, offering a comprehensive range of products and services tailored to single-family, multi-family, and repair and remodel (R&R) projects.
YTD Price Performance: 1.98%
Average Trading Volume: 1,466,514
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $17.03B
Find detailed analytics on BLDR stock on TipRanks’ Stock Analysis page.
