Mortgage rates are finally retreating off highs retreating to as low as 4.75% according to Freddie Mac’s Primary Mortgage Market Survey. This retreat should prove to be impactful on the housing market in the upcoming year. Home buyers should enter into 2019 with a renewed sense of confidence with the decline of interest rates as […]
BFS COVID-19 Update
From the Desk of Chad Crow, CEO of Builders FirstSource March 17, 2020 Dear Valued Customers, Our number one priority is the safety and well-being our Team Members, customers and supplier partners as we navigate the global COVID-19 pandemic. We want to share with you some of the steps we are taking to protect the […]
Builders FirstSource Acquires John’s Lumber,
Builders FirstSource Acquires John’s Lumber, Gaining Distribution in Another Top 50 MSA and Scale That Will Benefit Existing Operations Throughout Michigan DALLAS, May 07, 2021 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (Nasdaq: BLDR), the largest supplier of building products, prefabricated components and value-added services in the United States, today announced it has purchased the assets […]
Builders FirstSource Announces Completion of Planned CEO Transition
Dave Flitman succeeds Chad Crow following planned retirement and transition after completion of BMC merger DALLAS, April 01, 2021 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (Nasdaq: BLDR) (“Builders FirstSource”) announced today that Dave Flitman has been appointed chief executive officer. The planned transition of the CEO role is taking place 90 days after Builders FirstSource […]
Builders FirstSource Swings to a Profit
Builders FirstSource reported big profits in the fourth quarter and full year. The Dallas-based pro dealer, with operations in 39 states, posted a fourth quarter net income of $52 million — a huge swing from a net loss of $42.7 million in the fourth quarter 2017. For the full year, BFS reported a net income […]
