BlueLinx Holdings reported $561,000 in net income for the third quarter Thursday morning. The company rebounded compared to the year ago period where it had an $860,000 net loss.
Sales decreased compared to the year ago period to $518 million. After operating expenses, this resulted in around $61 million in gross profit, down $4 million compared to the year ago period.
The primary difference for net income this quarter compared to the year ago period came from income before provision for income taxes and provision for income taxes. Both of those segments posted positive numbers, compared to losses in the year ago period.
"We were pleased to see positive net income even though our overall volumes were relatively flat," said president and CEO Mitch Lewis in a press release. "Our focus on continuous improvement is producing results as we reduced our operating expenses and shifted our sales mix to distribution-friendly specialty products."