BL
BLDR
BLDR What Builders FirstSource promised, and what happened
Guidance
What management said, and what became of it
12 of 17 judged targets kept · 20 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EBITDA | $300 million to $350 million | Mar 2026 | Adjusted EBITDA was $329 million, down 35% and adjusted EBITDA margin was 8.5%, down 350 basis points primarily due to lower gross profit and reduced operating leverage on the sales decline. | Achieved |
| Adjusted EBITDA | $1.3 billion to $1.7 billion | Dec 2025 | As a result, we are guiding net sales in the range of $14 billion to $14.8 billion, adjusted EBITDA of $1 billion to $1.2 billion and adjusted EBITDA margin of 7.1% to 8.1%. | Revised Down |
| Adjusted EBITDA | $275 million to $325 million | Jun 2026 | For Q3, we expect net sales to be billion to $3.6 billion to $3.9 billion and adjusted EBITDA to be $275 million to $325 million. | New |
The full ledger
Open Builders FirstSource’s full ledger
A free account opens 5 company ledgers a month. All 37 tracked commitments, with each call’s wording and source.
The rest of the ledger
Pro opens all 37 tracked commitments for Builders FirstSource
Above is what the last two calls moved. Pro adds every quarter's revision, the source quote behind each one, and the topics management has stopped answering.