BlueLinx Holdings Inc. (NYSE:BXC) Q2 2023 Results Conference Call August 2, 2023 10:00 AM ET
Company Participants
Gui Nebel - VP, Finance, Treasury Manager IR
Shyam Reddy - President, CEO
Kelly Janzen - CFO
Conference Call Participants
Greg Palm - Craig-Hallum Capital Group
Kurt Yinger - D.A. Davidson
Reuben Garner - Benchmark Company
Operator
Greetings, and welcome to the BlueLinx Second Quarter 2023 Results Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Gui Nebel, Vice President of Finance & Treasury Manager of IR. Please go ahead, sir.
Gui Nebel
Thank you, operator. Good morning, everyone, and welcome to the BlueLinx Holdings second quarter 2023 earnings call. Presenting today are Shyam Reddy, President and CEO of BlueLinx; and Kelly Janzen, our Chief Financial Officer. Also present on the call is Andy Wamser, Senior Vice President and Chief Financial Officer-Elect.
Our second quarter news release and Form 10-Q were issued yesterday after the close of the market, along with our webcast presentation. These items are available in the Investors section of our website, bluelinxco.com. We encourage you to follow along with the detailed information on those slides during our webcast.
Today's discussion contains forward-looking statements. Actual results may differ significantly from those forward-looking statements due to various risks and uncertainties, including the risks described in our most recent SEC filings.
Today's presentation includes certain non-GAAP and adjusted financial measures that we believe provide helpful context for investors evaluating our business. Reconciliations to the closest GAAP financial measure can be found in the appendix of our presentation. At the conclusion of our prepared remarks, we will open the line for questions.
With that, I'll turn the call over to Shyam.
Shyam Reddy
Thanks, Gui, and good morning, everyone. We appreciate you joining us today. Before we discuss the second quarter results, I want to reemphasize our commitment to generating profitable sales growth in a challenging housing and building products environment by driving our corporate strategy into every facet of the business. By focusing on our strategic priorities, we are well positioned to meet stakeholder expectations and live up to our potential to be the leading building products distributor in the United States.
First, we remain focused on growing our five high value specialty product categories, engineered wood siding, millwork, industrial, and outdoor living products to generate higher net sales and gross profit results. In fact, specialty products represented about 70% of our net sales and 80% of our gross profit dollars in the second quarter.