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Builders FirstSource Lowers FY24 Sales Guidance From $16.40B-$17.20B to $16.25B-$16.55B Vs. $16.85B Estimate

Benzinga ·  Nov 5 07:02

2024 Full Year Total Company Outlook

For 2024, the Company expects to achieve the financial performance highlighted below. Projected Net Sales and Adjusted EBITDA include the expected impact of price, commodities, and margins for 2024.

  • Net Sales to be in a range of $16.25 billion to $16.55 billion.
  • Gross Profit margin to be in a range of 32.0% to 33.0%.
  • Adjusted EBITDA to be in a range of $2.25 billion to $2.35 billion.
  • Adjusted EBITDA margin to be in a range of 13.8% to 14.2%.
  • Free cash flow in the range of $1.2 billion to $1.4 billion.
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