Stock Building Supply, America's No. 2 LBM dealer, saw its operating loss for September through December 2008 fall to $110 million, double what it recorded in the year-earlier period, according to Stock's U.K.-based parent, Wolseley Plc. Stock's revenue fell 28% during that period. The declines occurred during a period in which, starting Oct. 23, Stock launched a $225 million restructuring effort in which it expected to close 86 facilities, cut 3,000 jobs, and exit 16 markets in six states. Stock president Joe Appelmann said Stock now has 207 facilities and just less than 8,700 employees in 52 markets from its 363 facilities and 13,120 workers at the start of 2008.