BMC Stock Holdings, Inc. (BMCH) News
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Latest BMCH News From Around the Web
Below are the latest news stories about Bmc Stock Holdings Inc that investors may wish to consider to help them evaluate BMCH as an investment opportunity.
BMC Stock Holdings, Inc. To Present at Baird 2020 Virtual Global Consumer, Technology & Services Conference
“We now believe our 2020 second quarter net sales outlook is estimated to be flat to down 5% compared to the second quarter of 2019 and versus our previously announced outlook of down 7% to 15%,” said Dave Flitman, President and CEO of BMC. With $3.6 billion in 2019 net sales, BMC is one of the nation’s leading providers of diversified building materials and solutions to new construction builders and professional remodelers in the U.S. Headquartered in Raleigh, North Carolina, the Company's comprehensive portfolio of products and services spans building materials, including millwork and structural component manufacturing capabilities, consultative showrooms and design centers, value-added installation management and an innovative eBusiness platform.
2 key valuation ratios may signal potential bargains Continue reading...
Q1 2020 BMC Stock Holdings Inc Earnings Call
BMCH earnings call for the period ending March 31, 2020.
BMC (BMCH) delivered earnings and revenue surprises of 29.03% and 3.32%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Double-digit Net Sales Growth Driven by Strong Growth in Value-Added Product Categories Processes in Place to Help Protect the Health and Safety of BMC Associates and Their.
The Company will hold a conference call to discuss the results at 8:30 a.m. (Eastern time) that same day. A telephonic replay will be available approximately three hours after the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. Interested investors and other parties may also access a simultaneous webcast of the live conference call on the Events and Presentations section of the Company's Investor Relations website at ir.buildwithbmc.com.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
The safety of BMC’s associates and families is very important, and the Company has taken several steps to protect its associates, which include implementing detailed cleaning and disinfecting processes at BMC locations, adhering to social distancing protocols, suspending all air travel, and encouraging all associates to work from home when possible. Additionally, the Company launched a dedicated COVID-19 resource intranet page to keep associates up-to-date on Company and health authority information, guidelines and policies, such as the guidelines set by the Centers for Disease Control and Prevention, which BMC associates are to follow as appropriate.
BMC Stock Holdings has been struggling lately, but the selling pressure may be coming to an end soon.