BlueLinx Holdings Inc. announced that George R. Judd will no longer serve as President and Chief Executive of the company, effective May 14, 2013. Mr. Judd will also resign as a director of the company following the 2013 annual meeting of stockholders to be held on May 16, 2013. The board has appointed Howard S. Cohen to serve as executive chairman to facilitate an orderly transition while the board conducts a search for a successor to Mr. Judd. Mr. Cohen has been a director of the company since 2007 and has served as chairman of the board since 2008. Mr. Cohen previously served as interim chief executive officer from March 2008 through October 2008 and as executive chairman from March 2008 through March 2009.

Bluelinx Holdings Inc. reported unaudited earnings results for the first quarter ended March 30, 2013. For the quarter, the company's revenues increased 10.9% to $503.2 million from $453.7 million for the same period a year ago. The company incurred a net loss of $12.6 million, or $0.19 per diluted share for the quarter, compared with a net loss of $11.0 million, or $0.17 per diluted share, for the first quarter of 2012. Pretax loss was $12.4 million compared with $10.8 million a year ago. Adjusted pretax loss was $11.8 million compared with $11.4 million a year ago. Adjusted net loss was $7.5 million or $0.11 per diluted share compared with $7.2 million or $0.11 per diluted share a year ago. Operating loss was $5.1 million compared with $4.1 million a year ago. Loss before provision for income taxes was $12.4 million compared with $10.8 million a year ago. Net cash used in operating activities was $95.8 million compared with $88.5 million a year ago. Property, plant, and equipment investment was $0.96 million compared with $1.3 million a year ago. Net debt as on March 31, 2013 was approximately $439 million compared to approximately $372 million at December 29, 2012 and $401 million at March 31, 2012.

Bluelinx Holdings Inc., Q1 2013 Earnings Call, May 01, 2013