![Builders FirstSource, Inc. [BLDR] reports annual net loss of $1.5 billion](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FBLDR.png&w=3840&q=75)
Builders FirstSource, Inc. [BLDR] reports annual net loss of $1.5 billion
Company Reports Revenue of $17.1 billion
Builders FirstSource, Inc. [BLDR] has reported a net loss of $1.5 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $17.1 billion
Based in IRVING, Texas, Builders FirstSource, Inc. operates in the RETAIL sector.
In the most recent fiscal year ending on December 31, 2023, the company reported net sales of $17.1 billion, showing a decrease from the previous year's figure of $22.7 billion in 2022, and an increase from $19.9 billion in 2021. This decline in net sales indicates a challenging year for the company in terms of revenue generation.
Cost of sales for the same period was $11.1 billion in 2023, down from $15.0 billion in 2022 and slightly higher than $14.0 billion in 2021. The decreasing cost of sales compared to the previous year might suggest some cost-saving measures undertaken by the company.
