Builders FirstSource — May 1, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000950170-25-061436
Showing in the filing
Share repurchase authorization
“up to $500 million”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 17
Share repurchase authorization
“up to $500 million”
Productivity savings for FY2025
“$70 million to $90 million”
Net Sales for FY2025
“$16.05 billion to $17.05 billion”
Gross Profit margin for FY2025
“29.0% to 31.0%”
Adjusted EBITDA for FY2025
“$1.7 billion to $2.1 billion”
Adjusted EBITDA margin for FY2025
“10.6% to 12.3%”
Free cash flow for FY2025
“$800 million to $1.2 billion”
Average commodity prices for FY2025
“$400” – “$440”
Average commodity prices assumption for FY2025
“$400 to $440 per thousand board foot (mbf)”
Acquisitions net sales growth for FY2025
“5.0%” – “5.5%”
Net sales growth from acquisitions completed… for FY2025
“5.0% to 5.5%”
Total capital expenditures for FY2025
“$350 million to $425 million”
Interest expense for FY2025
“$260 million to $280 million”
Effective tax rate for FY2025
“23.0% to 25.0%”
Depreciation and amortization expenses for FY2025
“$550 million to $600 million”
Selling days impact for FY2025
“One fewer selling day is projected to decrease net sales by 0.4% in 2025 versus 2024”
One fewer selling day impact on net sales for FY2025
“decrease net sales by 0.4%”
Exhibit 99.1 · the passage around this item
… earlier in the release
• In April 2025, the Company repurchased 3.3 million shares of its common stock at an average price of $118.27 per share for $390.9 million, inclusive of applicable fees and taxes. • On April 30, 2025, the Board of Directors authorized the repurchase of up to $500 million of the Company’s outstanding shares of common stock, which includes the approximately $100 million remaining under its prior $1 billion share repurchase authorization announced in August 2024. • Since the inception of its buyback program in August 2021, the Company has repurchased 99.3 million shares of its common stock, or 48.1% of its total shares outstanding, at an average price of $80.90 per share for a total cost of $8.0 billion, inclusive of applicable fees and taxes. Productivity Savings From Operational Excellence
3
• For the first quarter, the Company delivered approximately $17 million in productivity savings related to operational excellence and supply chain initiatives. • The Company expects to deliver $70 million to $90 million in productivity savings in 2025. 2025 Full Year Total Company Outlook For 2025, 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 2025. • Net Sales to be in a range of $16.05 billion to $17.05 billion. • Gross Profit margin to be in a range of 29.0% to 31.0%. • Adjusted EBITDA to be in a range of $1.
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.