HighGravityDataBuilders FirstSource — Nov 5, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000950170-24-121065
Showing in the filing
Selling days
“Two more selling days in 2024 versus 2023”
Period
FY2024
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 17
Acquisitions net sales growth for FY2024
“2.0%” – “2.5%”
Productivity savings for FY2024
“$110 million to $120 million”
Net Sales for FY2024
“$16.25 billion to $16.55 billion”
Gross Profit margin for FY2024
“32.0% to 33.0%”
Adjusted EBITDA for FY2024
“$2.25 billion to $2.35 billion”
Adjusted EBITDA margin for FY2024
“13.8% to 14.2%”
Free cash flow for FY2024
“$1.2 billion to $1.4 billion”
Single-Family starts for FY2024
“up low-single digits”
Multi-Family starts for FY2024
“down 25% to 30%”
Net sales growth from acquisitions completed… for FY2024
“2.0% to 2.5%”
Total capital expenditures for FY2024
“$375 million to $425 million”
Average commodity prices for FY2024
“$380 to $400 per thousand board feet (mbf)”
Interest expense for FY2024
“$205 million to $215 million”
Effective tax rate for FY2024
“22.5% to 23.5%”
Depreciation and amortization expenses for FY2024
“$525 million to $575 million”
Selling days for FY2024
“Two more selling days in 2024 versus 2023”
Selling days versus prior year for FY2024
“Two more selling days in 2024 versus 2023”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Average commodity prices in the range of $380 to $400 per thousand board feet (mbf).
• Interest expense in the range of $205 million to $215 million.
• An effective tax rate of 22.5% to 23.5%.
• Depreciation and amortization expenses in the range of $525 million to $575 million.
• Two more selling days in 2024 versus 2023.
Conference Call
4
Builders FirstSource will host a conference call and webcast on Tuesday, November 5, 2024, to discuss the Company’s financial results and other business matters. The teleconference will begin at 8:00 a.m. Central Time and will be hosted by Dave Rush, current President and Chief Executive Officer, Peter Jackson, incoming CEO and current Chief Financial Officer, and Pete Beckmann, incoming CFO and current Senior Vice President, Financial Planning & Analysis.
To participate in the teleconference, please dial into the call a few minutes before the start time at 800-245-3047 (U.S. and Canada) or 203-518-9765 (international), Conference ID: BLDRQ324. A replay of the call will be available at 12:00 p.m. Central Time through Tuesday, November 12, 2024. To access the replay, please dial 800-839-5247 (U.S. and Canada) or 402-220-2703 (international). The live webcast and archived replay can also be accessed on the Company's investor relations website at investors.bldr.com under the Events and Presentations section. The online archive of the webcast will be available for approximately 90 days.
Upcoming Events
Management will participate in inves
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.