BLUELINX HOLDINGS INC.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 31, 2006

BLUELINX HOLDINGS INC.

(Exact name of registrant specified in its charter)


Delaware	001-32383	77-0627356

(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)


4300 Wildwood Parkway, Atlanta, Georgia				30339

(Address of principal executive offices)				(Zip Code)

Registrant’s telephone number, including area code: (770) 953-7000

Not applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following conditions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On November 1, 2006, BlueLinx Holdings Inc. (“BlueLinx”) issued a press release announcing its financial results for the third fiscal quarter ended September 30, 2006. A copy of BlueLinx’ press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

On November 1, 2006, as previously announced, BlueLinx held a teleconference and audio webcast to discuss its financial results for the third fiscal quarter ended September 30, 2006. The webcast will be archived and can be accessed via BlueLinx’ website at www.BlueLinxCo.com. Additionally, BlueLinx has posted slides at its website, on the investor relations page, which were referenced during the audio webcast. These slides are furnished as Exhibit 99.2 hereto. All information on the slides and in the webcast is presented as of November 1, 2006, and BlueLinx does not assume any obligation to update such information in the future.

To supplement GAAP financial statements in the press release and webcast slides, BlueLinx uses non-GAAP, or pro forma measures of operating results. This non-GAAP, or pro forma financial information is provided as additional information for investors and is not in accordance with or an alternative to GAAP. These adjusted results exclude certain costs, expenses, gains and losses, and we believe their exclusion can enhance an overall understanding of the Company’s past financial performance and also the Company’s prospects for the future. These adjustments to our GAAP results are made with the intent of providing both management and investors a more complete understanding of the operating performance of the Company as opposed to GAAP results, which may include non-recurring, infrequent or other non-cash charges that are not material to the ongoing performance of the Company’s business. Company management uses these non-GAAP and pro forma results as a basis for planning and forecasting core business activity in future periods. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net earnings, diluted earnings per share or net cash provided by (used in) operating activities prepared in accordance with generally accepted accounting principles in the United States.

The information included in this Item 2.02, as well as Exhibits 99.1 and 99.2, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On October 31, 2006, David J. Morris announced his decision to resign from his position as the Company’s Chief Financial Officer and Treasurer on or about December 31, 2006. Mr. Morris will continue to serve as the Company’s Chief Financial Officer until his departure. A copy of the press release issued by the Company in connection with this announcement is attached hereto as Exhibit 99.3.

Item 9.01 Financial Statements and Exhibits.


99.1		Press release, dated November 1, 2006, reporting financial results for the third fiscal quarter ended September 30, 2006

99.2		Webcast conference call slides used during webcast conference call on November 1, 2006

99.3		Press release announcing CFO departure

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	BLUELINX HOLDINGS INC.
	By:	/s/ Barbara V. Tinsley
		Barbara V. Tinsley
		General Counsel & Secretary

Dated: November 1, 2006

EXHIBIT INDEX


Exhibit
Number		Exhibit Name
99.1		Press release, dated November 1, 2006, reporting financial results for the third fiscal quarter ended September 30, 2006

99.2		Webcast conference call slides used during webcast conference call on November 1, 2006

99.3		Press release announcing CFO departure

EXHIBIT 99.1

4300 Wildwood Parkway
Atlanta, GA 30339
1-888-502-BLUE
www.BlueLinxCo.com


BlueLinx Contacts:
David Morris, CFO & Treasurer		Jim Storey, Investor Relations
BlueLinx Holdings Inc.		BlueLinx Holdings Inc.
(770) 221-2668		(770) 612-7169

FOR IMMEDIATE RELEASE

BLUELINX ANNOUNCES THIRD-QUARTER RESULTS
— Revenue, Net Income Decline As Housing Starts and Structural Prices Fall Sharply —
— Gross Margin Improves to 10% from 9.4% Prior Year —

ATLANTA — Nov. 1, 2006 — BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building products in North America, today reported financial results for the third quarter ended September 30, 2006.

Third-quarter net income totaled $2.3 million, or $0.07 per diluted share, compared with $13.9 million, or $0.46 per share in the year-ago period, which benefited from the September spike in demand for structural products in the wakes of Hurricanes Katrina and Rita. Net income for the latest quarter includes an after-tax charge of $1.4 million, or $0.05 per share, related to ongoing cost reduction efforts.

Revenues for the third quarter decreased 17% to $1.20 billion from $1.45 billion for the same period a year ago, reflecting a 26.8% drop in structural product sales and a 1.1% sales decline in specialty products. Approximately two-thirds of the decline in structural product sales resulted from a 17% decrease in unit volume related to the demand slowdown and the company’s strategy to preserve structural product margins as wood-based structural product prices deteriorated through the quarter. The company’s specialty product unit volume decreased 3.9%, which was partially offset by increased prices. Overall unit volume for the company’s estimated end-use markets declined 8.7% for the period.

Gross profit for the third quarter was $120.9 million, down 11.8% from $137 million in the prior-year period. Gross margin improved 60 basis points, to 10% from 9.4% a year ago, reflecting growth in higher-margin specialty products and effective management of structural product inventory in a declining price environment for wood-based structural products. Total operating expenses of $104.8 million for the third quarter increased $1.9 million from the same period a year ago, reflecting $2.3 million in severance costs and $0.6 million of ongoing operating expenses associated with Austin Hardwoods, which was acquired in August 2006. Operating income for the quarter was $16.1 million, compared with $34.1 million a year ago.

For the nine months ended September 30, 2006, net income totaled $21.7 million, or $0.71 per diluted share, compared with $30.1 million or $0.99 per share, for the same period a year ago. This year’s nine-month period included an after-tax charge totaling $3 million, or $0.10 per share, related to a mortgage refinancing. Sales for the nine months totaled $3.96 billion, down 7.8% from $4.29 billion the same period a year ago, reflecting lower

structural product prices and unit volume that were partially offset by a 6.5% increase in specialty product unit volume.

Gross profit increased 4.1% to $387.3 million from $372 million for the year ago period, translating to gross margins of 9.8% and 8.7%, respectively. The increased gross profit for the 2006 nine-month period primarily reflects the company’s focus on specialty product growth and effective management of structural products to preserve margins in a declining price environment. Total operating expenses of $310.3 million for the nine-month period increased $19.2 million, primarily reflecting normal ongoing operating expenses associated with Lane Stanton Vance, the specialty hardwoods distributor acquired by BlueLinx in July 2005, as well as $2.3 million in severance expense and increases in fuel costs and labor rates.

“Our overall financial performance for the third quarter was significantly impacted by the sharp slowdown in new home construction and continued deterioration of wood-based structural product prices,” said Stephen Macadam, chief executive officer. “Housing starts for the quarter fell approximately 19% from year-earlier levels, while prices for key grades of lumber, plywood and OSB, continued deteriorating, dropping another 20% on average from the end of the second quarter. This resulted in lower revenue and net income versus the same period a year ago, when our quarterly performance benefited from the accelerated demand that drove prices sharply higher in September 2005 after Hurricanes Katrina and Rita.

“Despite this challenging environment, we continued to make progress on our long-term growth strategy,” Macadam said. “We gained market share in specialty products, managed our structural products business to preserve margin, and took aggressive steps to adjust our organization to the rapidly changing environment without impeding our ability to grow our specialty business and serve our customers and vendors.”

Specialty unit volume declined 3.9% during the quarter, while the company’s estimated, weighted end-use markets decreased 8.7%. “Specialty unit volume outperformed our end-use markets by nearly five percentage points,” Macadam noted. “Approximately four points were generated by organic growth with the remainder coming from our Austin Hardwoods and LSV acquisitions.”

The company’s overall gross margin for the quarter improved to 10% from 9.4% a year ago. The improvement reflected a 14% gross margin in specialty, up from 13.3% a year ago. Specialty gross margin accounted for 62% of the company’s gross margin dollars in the second quarter. Structural gross margin was 7% for the third quarter, down from 7.3% a year ago, but even with the previous quarter, despite the continued deterioration of wood-based structural product prices.

“We also took aggressive steps to adjust our organization to the rapidly changing environment without impeding our ability to continue growing our specialty business,” Macadam said. “These steps included removing in excess of $15 million in annualized costs from our organization, primarily related to headcount reductions, and identifying another $5 million to $7 million in potential annualized cost savings not related to headcount. Implementation of these planned reductions is underway.

Dollar inventory levels increased from a year ago, primarily a result of increased specialty inventories to both support anticipated higher sales levels of existing products and the introduction of new products. “Due to the abrupt housing-related slowdown, some of the anticipated demand did not materialize in the third quarter and we are in the process of adjusting our specialty inventories accordingly,” Macadam noted. “We are continuing this process and have been making good progress since the end of the third quarter.”

Looking forward, Macadam noted: “We expect a challenging fourth quarter. Our housing related business remained weak in October, and November and December historically are slow months for much of our business. Nevertheless, we believe we have taken the steps necessary to continue progressing in this environment toward our long-term objectives.”

Dividend

On October 31, 2006, the BlueLinx Board of Directors declared a $0.125 dividend on the company’s common shares for the quarter ended September 30, 2006. The dividend is payable on December 29, 2006, to shareholders of record on December 15, 2006.

Conference Call

BlueLinx will host a conference call today at 10:00 a.m. Eastern Time, accompanied by a supporting slide presentation. Investors may listen to the conference call and download the presentation by going to the Investor Relations page of the BlueLinx Web site at www.BlueLinxCo.com. Investors also can access a recording of the conference call for one week by calling (706)645-9291, Conference ID# 9139948. The recording will be available two hours after the conference call has concluded. Investors also can access a recording of this call on the BlueLinx Web site where a replay of the Webcast will be available for 90 days.

Use of Non-GAAP Measures

BlueLinx reports its financial results in accordance with U.S. generally accepted accounting principles (GAAP). The company also believes that presentation of certain non-GAAP measures, i.e., results excluding certain charges, provides useful information for the understanding of its ongoing operations and enables investors to focus on period-over-period operating performance, without the impact of significant special items, and thereby enhances the user’s overall understanding of the company’s current financial performance relative to past performance and provides a better baseline for modeling future earnings expectations. Non-GAAP measures are reconciled in the financial tables accompanying this news release. The company cautions that non-GAAP measures should be considered in addition to, but not as a substitute for, the company’s reported GAAP results.

About BlueLinx Holdings Inc.

Headquartered in Atlanta, Georgia, BlueLinx Holdings Inc., operating through its wholly owned subsidiary BlueLinx Corporation, is a leading distributor of building products in North America. Employing more than 3,400 people, BlueLinx offers approximately 10,000 products from over 750 suppliers to service approximately 12,000 customers nationwide, including dealers, industrial manufacturers, manufactured housing producers and home improvement retailers. The company operates its distribution business from sales centers in Atlanta and Denver, and its network of more than 70 warehouses. BlueLinx, which is on the Fortune 500 list of the nation’s largest companies, is traded on the New York Stock Exchange under symbol BXC. Additional information about BlueLinx can be found on its Web site at www.BlueLinxCo.com.

Forward-looking Statements

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All of these forward-looking statements are based on estimates and assumptions made by our management that, although believed by BlueLinx to be reasonable, are inherently uncertain. Forward-looking statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of its control, that may cause its business, strategy or actual results to differ materially from the forward-looking statements. These risks and uncertainties may include, among other things: changes in the supply and/or demand for products that we distribute; the activities of competitors; changes in significant operating expenses; changes in the availability of capital; the ability to identify acquisition opportunities and effectively and cost-efficiently integrate acquisitions; general economic and business conditions in the United States; adverse weather patterns or conditions; acts of war or terrorist activities; variations in the performance of the financial markets; and other factors described in the “Risk Factors” section in the company’s Annual Report on Form 10-K for the year ended December 31, 2005, and in its periodic reports filed with the Securities and Exchange Commission from time to time. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. BlueLinx undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.

— Tables to Follow —

BlueLinx Holdings Inc.
Statements of Operations
in thousands, except per share data


	Quarters Ended						Nine Months Ended
	September 30,			October 1,			September 30,			October 1,
	2006			2005			2006			2005
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Net sales	$	1,203,578		$	1,454,217		$	3,959,134		$	4,292,812
Cost of sales		1,082,672			1,317,180			3,571,833			3,920,766

Gross profit		120,906			137,037			387,301			372,046

Operating expenses:
Selling, general, and administrative		99,615			97,926			295,004			277,309
Depreciation and amortization		5,217			4,993			15,323			13,793

Total operating expenses		104,832			102,919			310,327			291,102


Operating income		16,074			34,118			76,974			80,944
Non-operating expenses:
Interest expense		12,046			11,216			35,505			31,206
Charges associated with mortgage refinancing		—			—			4,864			—
Other expense (income), net		(29	)		(295	)		(17	)		58


Income before provision for income taxes		4,057			23,197			36,622			49,680
Provision for income taxes		1,765			9,301			14,925			19,615


Net income		2,292			13,896			21,697			30,065


Basic weighted average number of common shares outstanding		30,662			30,199			30,576			30,180

Basic net income per share applicable to common stock	$	0.07		$	0.46		$	0.71		$	1.00

Diluted weighted average number of common shares outstanding		30,782			30,493			30,762			30,459

Diluted net income per share applicable to common stock	$	0.07		$	0.46		$	0.71		$	0.99

Dividends declared per share of common stock	$	0.125		$	0.125		$	0.375		$	0.375

BlueLinx Holdings Inc.
Balance Sheets
in thousands


	September 30,			December 31,
	2006			2005
	(unaudited)
Assets:
Current assets:
Cash	$	24,182		$	24,320
Receivables		435,052			399,093
Inventories		471,229			473,068
Deferred income taxes		8,204			6,678
Other current assets		46,904			44,909

Total current assets		985,571			948,068


Property, plant, and equipment:
Land and land improvements		56,979			56,521
Buildings		95,291			93,381
Machinery and equipment		61,362			54,200
Construction in progress		1,506			2,350

Property, plant, and equipment, at cost		215,138			206,452
Accumulated depreciation		(34,605	)		(22,403	)

Property, plant, and equipment, net		180,533			184,049
Other non-current assets		28,412			25,523

Total assets		1,194,516			1,157,640


Liabilities :
Current liabilities:
Accounts payable	$	252,451		$	327,004
Bank overdrafts		68,569			62,392
Accrued compensation		12,679			13,494
Current maturities of long-term debt		71,008			—
Other current liabilities		14,897			15,195

Total current liabilities		419,604			418,085

Noncurrent liabilities:
Long-term debt		561,500			540,850
Deferred income taxes		1,241			1,911
Other long-term liabilities		14,815			12,942

Total liabilities		997,160			973,788


Shareholders’ Equity:
Common stock		311			303
Additional paid in capital		137,066			132,346
Accumulated other comprehensive income		(361	)		1,023
Retained earnings		60,340			50,180

Total shareholders’ equity		197,356			183,852



Total liabilities and equity	$	1,194,516		$	1,157,640

BlueLinx Holdings Inc.
Statements of Cash Flows
in thousands


	Nine Months Ended
	September 30,			October 1,
	2006			2005
	(unaudited)			(unaudited)
Cash flows from operating activities:
Net income	$	21,697		$	30,065
Adjustments to reconcile net income to cash provided by (used in) operations:
Depreciation and amortization		15,323			13,793
Amortization of debt issue costs		2,018			2,704
Charges associated with mortgage refinancing		4,864			—
Deferred income tax benefit		(1,876	)		(1,027	)
Stock-based compensation		2,209			1,701
Changes in assets and liabilities:
Receivables		(33,396	)		(158,401	)
Inventories		5,961			91,976
Accounts payable		(74,959	)		54,485
Changes in other working capital		(3,368	)		(10,911	)
Other		(2,237	)		3,998

Net cash provided by (used in) operating activities		(63,764	)		28,383


Cash flows from investing activities:
Acquisitions, net of cash acquired		(9,353	)		(17,021	)
Property, plant, and equipment investments		(7,267	)		(10,034	)
Proceeds from sale of assets		465			814

Net cash used in investing activities		(16,155	)		(26,241	)


Cash flows from financing activities:
Issuance of common stock, net		—			8,541
Proceeds from stock options exercised		1,744			151
Excess tax benefits from stock-based compensation		882			49
Net increase (decrease) in revolving credit facility		(38,342	)		1,834
Proceeds from new mortgage		295,000			—
Debt financing costs		(6,668	)		(570	)
Retirement of old mortgage		(165,000	)		—
Prepayment fees associated with old mortgage		(2,475	)		—
Increase in bank overdrafts		6,177			11,920
Common dividends paid		(11,537	)		(11,319	)

Net cash provided by financing activities		79,781			10,606


Increase (decrease) in cash		(138	)		12,748
Balance, beginning of period		24,320			15,572

Balance, end of period	$	24,182		$	28,320

BlueLinx Holdings Inc.
Reconciliation of Non-GAAP Financial Measures to their GAAP Equivalents
in thousands, except per share data


	Quarters Ended				Nine Months Ended
	September 30,		October 1,		September 30,			October 1,
	2006		2005		2006			2005
	(unaudited)		(unaudited)		(unaudited)			(unaudited)
Reconciliation of Net income before mortgage refinancing and Net income before mortgage refinancing per share:

Net Income	$	2,292	$	13,896	$	21,697		$	30,065
Reconciling Items:
Write-off of unamortized debt issuance costs		—		—		2,828			—
Termination penalty resulting from prepayment of old mortgage		—		—		1,650			—
Unamortized exit penalty resulting from prepayment of old mortgage		—		—		386			—

Charges associated with mortgage refinancing		—		—		4,864			—

Tax effect of reconciling items at 39.0%		—		—		(1,897	)		—

Net income before mortgage refinancing⁽¹⁾	$	2,292	$	13,896	$	24,664		$	30,065


Diluted weighted average number of common shares outstanding:		30,782		30,493		30,762			30,459

Diluted net income per share applicable to common stock	$	0.07	$	0.46	$	0.71		$	0.99
Reconciling Items:
Write-off of unamortized debt issuance costs		—		—		0.09			—
Termination penalty resulting from prepayment of old mortgage		—		—		0.06			—
Unamortized exit penalty resulting from prepayment of old mortgage		—		—		0.01			—

Charges associated with mortgage refinancing		—		—		0.16			—

Tax effect of reconciling items at 39.0%		—		—		(0.06	)		—

Diluted net income before mortgage refinancing per share applicable to common stock ⁽¹⁾	$	0.07	$	0.46	$	0.81		$	0.99

Note (1) — Net income before mortgage refinancing is a non-GAAP performance measure and is not intended to be a performance measure that should be regarded as an alternative to or more meaningful than GAAP net income.

EXHIBIT 99.2

Dallas Austin

Review Financial BlueLinx Third Quarter 2006 & Operational

BlueLinx Holdings Inc. Safe Harbor Statement and Use of Non-GAAP and Pro Forma Information

the

The Company Company’s views as . business, strategy or actual results to differ materially from the November 1, 2006.The Company undertakes no obligation to To supplement GAAP financial statements, the Company uses

All of these forward-looking statements are based on estimates and -This non-GAAP, or pro forma financial information is provided as ring, infrequent or other non-cash charges that are not material to the

Information

This presentation includes “forward-looking statements” within the meaning of the

- Financial

Harbor

Safe

Forma*

These forward-looking statements should not be relied upon as representing the

Pro

In addition, the statements in this presentation are made as of and

Statement

GAAP

Looking -

- Non of

ForwardPrivate Securities Litigation Reform Act of 1995.assumptions made by our management that, although believed by BlueLinx to be reasonable, are inherently uncertain. Forward-looking statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of its control, that may cause itsforward-looking statements. These risks and uncertainties may include, among other things: changes in the supply and/or demand for products which we distribute; the activities of competitors; changes in significant operating expenses; changes in theavailability of capital; the ability to identify acquisition opportunities and effectively and cost-efficiently integrate acquisitions; general economic and business conditions in the United States; adverse weather patterns or conditions; acts of war or terrorist activities; variations in the performance of the financial markets; and other factors described in the “Risk Factors” section inCompany’s Annual Report on Form 10-K for the fiscal year ended December 31, 2005, and in its periodic reports filed with the SEC from time to time.expects that subsequent events or developments will cause its views to change.update any of the forward-looking statements made herein, whether as a result of new information, future events, changes in expectation or otherwise.of any date subsequent to November 1, 2006. Usenon-GAAP, or pro forma measures of operating results.additional information for investors and is not in accordance with or an alternative to GAAP. These adjusted results exclude certain costs, expenses, gains and losses, and we believe their exclusion can enhance an overall understanding of our past financial performance and also our prospects for the future. These adjustments to our GAAP results are made with the intent of providing both management and investors a more complete understanding of the operating performance of the Company as opposed to GAAP results, which may include non-recurongoing performance of the Company’s business. Company management uses these non-GAAP and pro forma results as a basis for planning and forecasting core business activity in future periods. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net earnings, diluted earnings per share or net cash provided by (used in) operating activities prepared in accordance with generally accepted accounting principles in the United States

BlueLinx Holdings Inc. Introduction

Steve Macadam Chief Executive Officer

BlueLinx Holdings Inc. Introduction

Goals and Strategic Objectives

• sales volatility to total of exposure

• 60+% to reducing revenues while specialty structural market grow grow the Profitably Profitably Outgrow

BlueLinx Holdings Inc. Introduction

1.2 billion $0.07persharevs. Down 17.2% to Specialty down 1.1%, 45% of Total Revenue, 62% of GM Structural down 26.8% Total down 12% Specialty down 3.9% Structural down 17% End-use markets down 8.7% Quarter Highlights ^rd Housing starts in biggest decline since 1991 Key grades of wood-based structural product prices fell 17% to Unit Volume 24% from end of Q2 #f06 Revenue 3

(current quarter includes $1.4 million / $0.05 per share for severance costs)

BlueLinx Holdings Inc. Operations Review

George Judd President & Chief Operating Officer

BlueLinx Holdings Inc. Unit Volume Growth by Quarter and TTM

TTM 8.0% (7.7%) (1.9%) (0.7 %) 8.7 % (7.0 %) — Q3 2006 (3.9%) (17.0%) (12.0%) (8.7 %) 4.8 % (8.3 %) — Q2 2006 9.6% (11.3%) (3.8%) (1.8 %) 11.4 % (9.5 %) — Q1 2006 14.9% (0.8%) 5.0% 2.6 % 12.3 % (3.4 %) — Q4 2005 12.7% 0.2% 5.0% 6.7 % 6.0 % (6.5 %) versus End-Use Market Growth Estimated BXC Unit Volume Growth Specialty Structural Total Estimated Weighted End-Use Market Growth Specialty Structural versus End-Use Market Growth

· was markets price profitability which and maintaining starts, slowdown housing construction housing volume on in unit focused the decline non-residential of specialty BlueLinx and result 19% a to 17%, growing prices, due industrial on 8.7% in declined focus structural fell strength volume to markets by declining products offset unit continued of end-use face Structural weakness BlueLinx the structural Q3 partially In in

End-Use Markets BlueLinx Holdings Inc. Specialty Unit Volume Growth vs.

= percentage point spread

% Growth Volume Unit

2005

2006

Continued specialty share gains reflect:

• housing remainder growth to with specialty related TTM, to directly the 0.7% for not points markets 6 contributed and in quarter 2006, chain the August supply for the points acquired in 4 value of acquisitions creating growth from Hardwoods, on Organic coming Austin Focus

starts

BlueLinx Holdings Inc. Quarterly Sales

) $ millions (unaudited

Specialty Structural Other Total

(21.7 ) (154.3 ) NA (176.0 ) Unit Volume $ $ NA % Variance (1.1 %) (26.8 %) (17.2 %) (6.4 ) (0.3 ) $ Variance (243.9 ) (250.6 ) $ $ Q3 2006 553.5 666.7 (16.6 ) 1,203.6 $ $ Q3 2005 559.9 910.6 (16.3 ) 1,454.2 $ $

• non-in 38% lower vs. strength and quarter volume the reflecting unit for stable, lower sales of total relatively result of a 45% was as year volume markets declined represented last unit period related sales sales specialty same housing Structural Specialty the Q3 prices for

BlueLinx Holdings Inc. Quarterly Gross Margin

) $ millions (unaudited

Variance 3.3 (19.8 ) 0.4 (16.1 ) 0.7 % (0.3 %) NA 0.6 % $ $ $ 77.5 46.8 (3.4 ) 120.9 14.0 % 7.0 % NA 10.0 % Q3 2006 $ $ 74.2 66.6 (3.8 ) 137.0 13.3 % 7.3 % NA 9.4 % Q3 2005 $ $ ‘s $ Gross Margin Specialty Structural Other Total Gross Margin %’s Specialty Structural Other Total

· in volume strategy increases unit lower company’s reflecting volume reflecting the and million, unit lower starts $3.3 by by significantly, housing increase offset declined in partially margin decline margin margin rate, the gross gross with gross margin maintain Specialty gross Structural associated to

BlueLinx Holdings Inc. Inventory Analysis

) $ millions (unaudited

(10.0 ) 64.2 (1.9 ) 52.3 13 Year Ago Quarter Variance $ (34.4 ) (7.2 ) (19.4 ) 61.0 ) 3 $ Sequential Quarter Variance ( 20.7 53 Q3 2006 158.1 292.4 471.2 $ $ 40.1 50 Q2 2006 192.5 299.6 532.2 $ $ 37.4 47 Q1 2006 194.7 269.1 501.2 $ $ 43.0 42 Q4 2005 184.6 245.5 473.1 $ $ 22.6 40 Q3 2005 168.1 228.2 418.9 $ $ (average)

On-hand turn days Structural Products Specialty Products Other* Total BlueLinx Ending Inventory

· and demand slowing levels to target volume related above lower inventories quarter reflecting the declined, reduce ended further inventories inventories to underway factors Specialty Structural Efforts seasonal

other miscellaneous items. * Other includes in-transit inventory accruals, discounts, allowances, reserves, and

BlueLinx Holdings Inc. Other Key Indicators

Quarter ^rd

• material in 0.1% year TTM of last 2005 increase period Q3 as and same same 40 42, costs/ULE vs. at 50 at days delivery days turn in turn capital 2.2% capital of costs/ULE working reduction Working TTM Q3 handling

ULE or unit load equivalent)

BlueLinx Holdings Inc. Strategic Initiatives

· and the specialty growth and high-growth recognize of business industrials, who mix specialty attractive increasing particularly serve vendors by support that product initiative to segments, accounts necessary specialty improvement represented growing existing structural processes under with of targeted, margin and in proposition volatility on gross people volume focus relationships value in continue markets Continue mitigating Invest Increase Expand BlueLinx

Be a patient, disciplined acquirer

BlueLinx Holdings Inc. Financial Review

David Morris Chief Financial Officer & Treasurer

BlueLinx Holdings Inc. Quarterly Revenue Review

) $ millions (unaudited

Percent (17.2%) (3.9%) (17.0%) (12.0%) (5.2%) (17.2%) —— — Increase/ (Decrease) (250.6) (21.7) (154.3) (176.0) (74.6) (250.6) — $ $ 3Q06 Actual 1,203.6 — $ 3Q05 Actual 1,454.2 $ Specialty Products Structural Products Total Sales Variance Analysis Unit Volume Total Unit Volume Price/Other Total Variance

BlueLinx Holdings Inc. Quarterly Gross Profit

) $ millions (unaudited

Percent (17.2 %) (17.8 %) (11.8 %) Increase/ (Decrease) (250.6 ) (234.5 ) (16.1 ) 0.6 % $ $ 3Q06 Actual 1,203.6 1,082.7 120.9 10.0 % $ $ 1,454.2 1,317.2 137.0 9.4 % 3Q05 Actual $ $ Sales Cost of Sales Gross Profit Gross Margin %

BlueLinx Holdings Inc. Quarterly Operating Income

$ millions (unaudited)

Gross Profit Operating Expenses SG&A D&A Total Operating Expenses Operating Income

Percent (11.8 %) 1.7% 4.0% 1.8 % (52.8 %) Increase/ (Decrease) (16.1 ) 1.7 0.2 1.9 (18.0 ) $ $ 120.9 99.6 5.2 104.8 16.1 3Q06 Actual $ $ 137.0 97.9 5.0 102.9 34.1 3Q05 Actual $ $

BlueLinx Holdings Inc. Quarterly Net Income

$ millions (unaudited)

Percent (52.8 %) 7.1% NA Increase/ (Decrease) (18.0 ) 0.8 0.3 (19.1 ) (7.5 ) (11.6 ) — (11.6 ) (0.39 ) $ $ $ $ 16.1 12.0 — 4.1 1.8 2.3 — 2.3 0.07 3Q06 Actual $ $ $ $ 34.1 11.2 (0.3) 23.2 9.3 13.9 — 13.9 3Q05 Actual 0 . $ $ $ $ 46 Charges associated with mortgage g, net of taxes Operating Income Interest Expense Other Expense/(Income) Income before Tax Tax Expense/(Benefit) Income before charges refinancin Net income Diluted Earnings per Share before charges

BlueLinx Holdings Inc. Year to Date Revenue Review

) $ millions (unaudited

Percent (7.8%) 6.5% (9.9%) (3.8%) (4.0%) (7.8%) — Increase/ (Decrease) (333.7) 104.8 (270.3) (165.5) (168.2) (333.7) — $ $ YTD ‘06 Actual 3,959.1 — $ YTD ‘05 Actual 4,292.8 $ Specialty Products Structural Products Total Sales Variance Analysis Unit Volume Unit Volume Price/Other Total Variance

BlueLinx Holdings Inc. Year to Date Gross Profit

) $ millions (unaudited

Percent (7.8 %) (8.9 %) 4.1 % Increase/ (Decrease) (333.7 ) (349.0 ) 15.3 1.1 % $ $ 3,959.1 3,571.8 387.3 9.8 % YTD ‘06 Actual $ $ 4,292.8 3,920.8 372.0 8.7 % YTD ‘05 Actual $ $ Sales Cost of Sales Gross Profit Gross Margin %

BlueLinx Holdings Inc. Year to Date Operating Income

Gross Profit Operating Expenses SG&A D&A Total Operating Expenses Operating Income

$ millions (unaudited)

Percent 4.1 % 6.4% 10.9% 6.6 % (4.8 %) Increase/ (Decrease) 15.3 17.7 1.5 19.2 (3.9 ) $ $ YTD ‘06 Actual 387.3 295.0 15.3 310.3 77.0 $ $ YTD ‘05 Actual 372.0 277.3 13.8 291.1 80.9 $ $

BlueLinx Holdings Inc. Year to Date Net Income

$ millions (unaudited)

Percent (4.8%) 13.8% NA — Increase/ (Decrease) (3.9) 4.3 — (8.2) (2.8) (5.4) (3.0 ) (8.4 ) — $$ $ YTD ‘06 Actual 77.0 35.5 — 41.5 16.8 24.7 (3.0 ) 21.7 — $$ $ YTD ‘05 Actual 80.9 31.2 — 49.7 19.6 30.1 — 30.1 $$ $ Charges associated with mortgage g, net of taxes Operating Income Interest Expense Other Expense/(Income) Income before Tax Tax Expense/(Benefit) Income before charges refinancin Net income

BlueLinx Holdings Inc. Quarter End Balance Sheets

$ millions

24.2 435.1 471.2 55.1 985.6 180.5 28.4 1,194.5 321.0 71.0 27.6 419.6 561.5 16.0 997.1 September 30, 2006 (unaudited) $ $ $$ 27.1 469.1 532.2 52.2 1,080.6 178.3 27.4 1,286.3 373.2 126.4 21.8 521.4 550.0 15.0 1,086.4 July 1, 2006 (unaudited) $ $ $$ 24.3 399.1 473.1 51.6 948.1 184.0 25.5 1,157.6 389.4 0.0 28.7 418.1 540.9 14.8 973.8 December 31, 2005 $$ $$ 28.3 526.5 418.9 48.5 1,022.2 185.7 27.4 1,235.3 369.3 63.9 26.7 459.9 590.0 14.4 1,064.3 October 1, 2005 (unaudited) $ $ $$ Assets: Cash Receivables, net Inventories, net Other current assets Total current assets Property, plant, and equipment, net Other non-current assets Total assets Liabilities : Current liabilities: Accounts payable and bank overdrafts Current maturities of long-term debt Other current liabilities Total current liabilities Non-current liabilities: Long-term debt Other long-term liabilities Total liabilities

BlueLinx Holdings Inc. Unaudited Statement of Cash Flows

$ millions

21.7 YTD 2006 Actual $$ 30.1 YTD 2005 Actual $$ 2.3 3 Q06 $$ 3 Q05 13.9 $$ Cash flows from operating activities: Net Income Adjustments to reconcile net income

Appendix

PAGE 26 27 28 29 30 31 32 33 34 35 36 —

TOPIC Revenues by Quarter Unit Volume Growth by Quarter Market Growth by Quarter Gross Margin by Quarter Profit and Loss Statement by Quarter Inventory by Quarter Quarterly Volume by Region Year to Date Volume by Region Gross Margin % Analysis Channel Mix Analysis Structural Product Price Trends —

BlueLinx Holdings Inc. Revenues by Quarter

(81.8 ) 830.8 688.0 413.5 325 257 435 2,276.3 3,094.0 5,288.5 1,161.7 2,680.5 $$ $ TTM $ 3,094.0 $ $ $ 2,557,446 2,679,550 2,670,598 (68.7 ) 960.8 800.5 389.1 346 293 453 2,143.1 3,547.7 5,622.1 1,397.3 3,158.6 $$ $ 2005 $ 3,547.7 $ $ $ 2,778,824 2,732,168 3,087,100 ⁽¹ ⁾ (58.1 ) 743.2 430.7 363 329 473 2004 1,959.8 3,656.5 5,558.2 1,083.2 1,399.4 3,225.8 3,656.5 $$ $ $ $ $ $ 2,984,967 2,256,427 2,955,789 ⁽¹ ⁾ (53.0 ) 861.5 609.2 930.9 234.4 296 254 366 1,688.8 2,636.0 4,271.8 2,401.6 $$ $ 2003 $ 2,636.0 $ $ $ 2,914,926 2,397,699 2,543,536 553.5 666.7 (16.6 ) 188.7 114.4 245.9 549.0 117.7 666.7 296 191 406 Q3 1,203.6 $$ $ $ $ $ $ 637,932 598,681 605,678 $ 603.3 798.7 (23.0 ) 209.5 169.4 294.8 673.7 125.0 798.7 319 245 438 Q2 $$ $ 2006 $ $ 1,379.0 $ $ 657,679 692,559 673,238 $ 580.0 813.4 (16.8 ) 215.4 198.5 311.8 725.7 87.7 813.4 326 280 453 Q1 1,376.6 $$ $ $ $ $ 659,798 709,556 688,886 $ 539.5 815.2 (25.4 ) 217.2 205.7 309.2 732.1 83.1 815.2 361 303 440 Q4 1,329.3 $$ $ $ $ $ 602,037 678,754 702,796 $ 559.9 910.6 (16.3 ) 243.6 196.8 369.3 809.7 100.9 910.6 351 264 442 Q3 1,454.2 $$ $ $ $ $ 693,328 744,340 835,550 $ 2005

542.6 960.7 (16.3) 255.2 213.1 381.1 849.4 111.3 960.7 337 290 460

Q2 1,487.0 $$ $

$ $ $ 757,948 734,042 828,620 $ 501.1 861.2 (10.7) 244.8 184.9 337.7 767.4 93.8 861.2 337 322 469

Q1 1,351.6 $$ $

$ $ $ 725,511 575,032 720,134 $ ⁽¹ ⁾ 473.9 754.9 (21.2) 211.2 132.6 319.3 663.1 91.8 754.9 320 248 446

Q4 $$ $ 2004 $ 1,207.6 $ $ 659,765 534,949 715,773

$ /MSF 3/8” /MSF 3/8” /MBF /Unit $$ $ in millions ⁽² ⁾ Sub Total $ $ ⁽³ ⁾ Plywood OSB Lumber Rebar/Remesh Total Plywood OSB Lumber Plywood OSB Lumber Sales Specialty Structural Other Total Structural Structural Unit Sales Structural Structural Structural

Pro Forma Includes LSV as of the acquisition date, July 2005 and Austin Hardwoods as of the acquisition date, August 2006. Includes competitive discounts, cash discounts, service revenue, Canadian conversion, and sales accruals.

^{(1) (2) (3)}

BlueLinx Holdings Inc. Unit Volume Growth By Quarter

8.0 % 2.5 % 0.9% (7.7%) (1.9 %) TTM (10.5 %) (13.6 %) 2005 5.1 % (6.7 %) 20.4 % 4.3 % (5.4%) 3.2% 3.9 %

2004 7.6 % 4.1 % (3.0 %) 17.6 % 19.1% 8.6% 8.2 % 2003 4.4 % (7.1 %) (6.9 %) 11.0 % 5.2% 1.0% 2.5 %

(3.9 %) (9.0 %) 8.4 % Q3 (20.3 %) (27.4 %) (17.0 %) (12.0 %)

9.6 % (6.4 %) 8.0 % (3.8 %) 2006 Q2 (13.2 %) (18.4 %) (11.3 %)

14.9 % 21.7 % (4.2 %) (8.1%) (0.8%) 5.0 % Unit Volume Growth Q1 (10.3 %)

12.7 % (8.7 %) 23.7 % (1.8 %) (6.1%) 0.2% 5.0 % Q4

5.8 % 24.5 % 2.6 % (5.0%) 0.9% 2.6 % Q3 (14.6 %) 2005 0.5 % 9.4 % 6.6 %

(3.3 %) 21.5 % (4.2 %) 4.6 % Q2

1.7 % (1.0 %) 12.4 % 7.2 % (7.1%) 4.2% 3.3 % Q1

2.9 % 9.7 % 7.0 % 23.8 % 19.4% 14.3% 9.4 % 2004 Q4

⁽¹ ⁾ Plywood Specialty Structural OSB Lumber Rebar/Remesh Total Total

Includes LSV as of the acquisition date, July 2005 and Austin Hardwoods as of the acquisition date, August 2006.

⁽¹⁾

BlueLinx Holdings Inc. Market Growth By Quarter

(6.2%) 4.0% 2.6 % 10.7% 5.5% (0.7 %) TTM 2005 5.6% 3.2% (0.4 %) 14.6% (3.3%) 4.4 %

2004 5.8% 4.1% 5.0 % 0.0% (0.1%) 4.5 %

2003 8.4% 0.6% (2.4 %) (22.5%) (3.5%) 2.0 %

5.5 % (9.3%) 4.4% (8.7 %)

Q3 (18.7 %) (0.4 %)

(9.5%) 3.7% 12.1 % 1.5% 5.0% (1.8 %)

2006 Q2

2.5% 3.4% (3.5 %) 8.4% 8.2% 2.6 %

3.0% 2.7% 1.5 % 51.5% 5.2% 6.7 %

Market Growth Q4

6.7% 2.9% (0.4 %) (0.3%) (0.3%) 3.9 %

2005

6.7% 3.4% (4.0 %) 0.0% (6.7%) 3.2 %

5.5% 3.9% 1.8 % 6.9 % 3.9 %

Q1 (10.7 %)

(2.5%) 4.2% 10.4 % 9.5% (5.8%) 1.7 %

2004 Q4

Weight 50.0% 22.0% 15.0 % 8.0% 5.0% 100.0 %

End Use Driver Actual Housing Starts Industrial Production Repair & Remodel Actual Mobile Homes Non Residential Const Total

weighted using management’s estimates. Data from Resource Information Systems, Inc., or RISI, updated as of October 2006, Source:

BlueLinx Holdings Inc. Gross Margin by Quarter

Gross Margin $ in millions

2006

2005

⁽¹⁾

2004

⁽¹⁾

2004

⁽¹⁾

2003

2005

TTM

321.7 226.1 (20.1 ) 527.7 14.1 % 7.3 % n/a 10.0% $ $ 284.4 245.7 (17.7 ) 512.4 13.3 % 6.9 % n/a 9.1% $ $ 279.6 310.0 (25.8 ) 563.8 14.3 % 8.5 % n/a 10.1% $ $ 223.2 247.6 (17.6 ) 453.2 13.2 % 9.4 % n/a 10.6% $ $ 77.5 46.8 (3.4 ) 120.9 14.0 % 7.0 % n/a 10.0% $ $ 86.9 55.7 (6.2 ) 136.4 14.4 % 7.0 % n/a 9.9% $ $ 80.4 55.8 (6.2 ) 130.0 13.9 % 6.9 % n/a 9.4% $ $ 76.9 67.8 (4.3 ) 140.4 14.3 % 8.3 % n/a 10.6% $ $ 74.2 66.6 (3.8 ) 137.0 13.3 % 7.3 % n/a 9.4% $ $ 70.1 50.7 (5.1 ) 115.7 12.9 % 5.3 % n/a 7.8% $ $ 63.2 60.6 (4.5 ) 119.3 12.6 % 7.0 % n/a 8.8% $ $ 64.3 36.1 1.0 101.4 13.6 % 4.8 % n/a 8.4% $ $ ^{(2) (3)} ⁽³ ⁾ ^{(2) (3)} ⁽³ ⁾ ⁽⁴ ⁾ ⁽⁴⁾ Specialty Structural Other Total Gross Margin %’s Specialty Structural Other Total

Pro Forma Includes LSV as of the acquisition date, July 2005 and Austin Hardwoods as of the acquisition date, August 2006. Includes product rebates. Includes competitive discounts, cash discounts, Canadian conversion, and accruals.

^{(1) (2) (3) (4)}

by Quarter BlueLinx Holdings Inc. Profit and Loss Statement

527.7 10.0% 395.7 20.3 416.0 111.7 46.6 0.1 65.0 25.8 39.2 (3.0 ) 36.2 1.28 (0.10 ) 1.18 TTM 5,288.5 4,760.8 $ $ $ $ 9.1 % 18.7 42.3 0.2 73.2 28.6 44.6 — 44.6 1.46 — 1.46 ⁽² ⁾ 512.4 378.0 396.7 115.7 5,622.1 5,109.7 $ $ $ 2005 $

15.5 37.7 — 51.2 74.6 — 74.6 2.47 — 2.47

⁽¹ ⁾ 563.8 10.1% 384.8 400.3 163.5 125.8

5,558.2 4,994.4 $ $ $ 2004 $

15.6 77.7 31.9 0.4 45.4 18.5 26.9 — 26.9 0.89 — 0.89

⁽¹ ⁾ 453.2 10.6% 359.9 375.5

4,271.8 3,818.6 $ $ $ 2003 $

99.6 5.2 16.1 12.0 — 4.1 1.8 2.3 — 2.3 0.07 — 0.07

120.9 10.0% 104.8 $ 1,203.6 1,082.7 $ $ Q3 $

⁽³ ⁾ 9.9 % 98.1 5.1 33.2 12.3 (0.1) 21.0 8.4 12.6 (3.0) 9.6 0.41 0.31

136.4 103.2 $ (0.10)

2006 Q2 1,379.0 1,242.6 $ $

$ 9.4 % 97.3 5.0 27.7 11.2 0.1 16.4 6.6 9.8 — 9.8 0.32 — 0.32

130.0 102.3 $ Q1 1,376.6 1,246.6 $ $

$ 140.4 10.6% 100.7 5.0 105.7 34.7 11.1 0.1 23.5 9.0 14.5 — 14.5 0.48 — 0.48

Q4 1,329.3 1,188.9 $ $ $

$ 137.0 9.4% 97.9 5.0 102.9 34.1 11.2 (0.3) 23.2 9.3 13.9 — 13.9 0.46 — 0.46

Q3 1,454.2 1,317.2 $ $ $

$ ⁽² ⁾ 2005 4.6 0.2 4.5 7.8 7.8

7.8 % 87.9 92.5 23.2 10.7 12.3 — 0.25 — 0.25

115.7 $ Q2 1,487.0 1,371.3 $ $

$ 8.8 % 91.5 4.1 95.6 23.7 9.3 0.2 14.2 5.8 8.4 — 8.4 0.28 — 0.28

119.3 $ Q1 1,351.6 1,232.3 $ $

$ 101.4 8.4% 92.7 3.9 96.6 4.8 9.9 (0.5) (4.6) (1.9) (2.7) — (2.7) (0.09) — (0.09)

$ Q4 1,207.6 1,106.2 $ $

$ ⁽¹ ⁾ 2004 4.0 9.9 0.1

142.3 9.4% 94.3 98.3 44.0 34.0 13.8 20.2 — 20.2 0.67 — 0.67

Q3 1,509.6 1,367.3 $ $ $ , except per share amounts $

⁽⁴⁾ in millions $

Tax Charges associated Charges associated Total Operating Expense/(Benefit) with mortgage with mortgage Profit & Loss Gross Profit Gross Operating Expenses Expenses Operating Income before refinancing, net of Diluted EPS before refinancing, net of Statement Sales Cost of Goods Sold Margin % SG&A D&A Income Interest Expense Other Expense/(Income) Income before Tax Charges tax Net Income Charges tax Diluted EPS

Pro Forma Includes LSV as of the acquisition date, July 2005. Includes Austin Hardwoods as of the acquisition date, August 2006. Immaterial rounding adjustments and differences may exist between appendix slides, presentation slides, and previously issued presentations.

^{(1) (2) (3) (4)}

BlueLinx Holdings Inc. Inventory by Quarter

292.4 158.1 20.7 471.2 42.4 10.7 67.6 120.7 37.4 158.1 53 $ 2006 $ $ $

245.5 184.6 43.0 473.1 54.1 19.8 88.1 162.0 22.6 184.6 43

$ 2005 $ $ $

248.8 225.7 25.7 500.2 59.9 22.2 98.9 181.0 44.7 225.7 41

$ 2004 $ $ $

181.3 150.4 (25.5) 306.2 48.1 21.8 62.5 132.4 18.0 150.4 43

$ 2003 $ $ $

292.4 158.1 20.7 471.2 42.4 10.7 67.6 120.7 37.4 158.1 53

Q3 $

$ $ $ 299.6 192.5 40.1 532.2 53.8 11.7 85.7 151.2 41.3 192.5 50

Q2 $ 2006 $ $ $

269.1 194.7 37.4 501.2 59.4 16.4 84.1 159.9 34.8 194.7 47

Q1 $

$ $ $ 245.5 184.6 43.0 473.1 54.1 19.8 88.1 162.0 22.6 184.6 42

Q4 $

$ $ $ 228.2 168.1 22.6 418.9 48.1 13.1 82.4 143.6 24.5 168.1 40

Q3 $

$ $ $ 2005

238.4 217.7 30.0 486.1 55.6 24.5 100.2 180.3 37.4 217.7 42

Q2 $

$ $ $ 254.7 234.1 29.1 517.9 65.7 28.0 102.5 196.2 37.9 234.1 49

Q1 $

$ $ $ 248.8 225.7 25.7 500.2 59.9 22.2 98.9 181.0 44.7 225.7 47

Q4 $ 2004 $ $ $ in millions $ ⁽¹ ⁾ Sub Total Structural ⁽² ⁾ Plywood OSB Lumber Rebar/Remesh Total All Products Inventory Specialty Other Total Structural On-hand turn days (average)

Includes LSV as of the acquisition date, July 2005 and Austin Hardwoods as of the acquisition date, August 2006. Includes in-transit accruals, discounts, allowances, reserves, and other miscellaneous items.

^{(1) (2)}

BlueLinx Holdings Inc. Quarterly Volume by Region

) $ millions (unaudited

(14.5 %) (13.7 %) (12.2 %) (12.6 %) (11.2 %) (14.7 %) NA (12.0 %) %Unit Variance (15.6 ) (45.2 ) (31.0 ) (21.8 ) (45.1 ) (26.0 ) 8.7 (176.0 ) Unit $ Variance (19.7 ) (61.2 ) (44.8 ) (26.3 ) (72.5 ) (34.9 ) 9.1 (0.3 ) $ (250.3 ) (250.6 ) Total Variance 87.6 269.2 209.1 147.2 328.8 142.5 35.8 1,220.2 (16.6 ) 1,203.6 Q3 2006 Sales 107.3 330.4 253.9 173.5 401.3 177.4 26.7 1,470.5 (16.3 ) 1,454.2 Q3 2005 Sales Central Western Mid Atlantic Northeast Southeast Mid West Other Total Invoiced Sales BlueLinx Miscellaneous Total Net Sales

*Miscellaneous consists of cash and competitive discounts, Canadian conversion, service revenue and other miscellaneous items.

BlueLinx Holdings Inc. Year to Date Volume by Region

) $ millions (unaudited

(10.5 %) (7.7 %) (5.0 %) (4.6 %) (0.4 %) (6.3 %) NA (3.8 %) %Unit Variance (34.3 ) (75.6 ) (37.8 ) (21.5 ) (4.6 ) (33.2 ) 41.5 (165.5 ) Unit $ Variance $ (44.6 ) (106.2 ) (68.2 ) (30.4 ) (63.8 ) (48.4 ) 41.1 (320.5 ) (13.2 ) (333.7 ) Total Variance 281.4 877.9 688.6 436.9 1,152.8 475.4 102.6 4,015.6 (56.5 ) 3,959.1 YTD 2006 Sales 326.0 984.1 756.8 467.3 1,216.6 523.8 61.5 4,336.1 (43.3 ) 4,292.8 YTD 2005 Sales Central Western Mid Atlantic Northeast Southeast Mid West Other Total Invoiced Sales BlueLinx Miscellaneous Total Net Sales

*Miscellaneous consists of cash and competitive discounts, Canadian conversion, service revenue and other miscellaneous items.

BlueLinx Holdings Inc. Gross Margin % Analysis

3Q06 Variance from Trend F/(U) (1.5%) 0.8% (1.4%) (1.1 %) 0.6% 0.7% 1.3% 0.7 % (0.1 %) 3 Q06 9.1% 5.1% 5.3% 7.0 % 16.9% 8.2% 10.0% 14.0 % 10.0 % 2 Q06 9.5% 4.6% 5.9% 7.0 % 17.7% 8.4% 11.3% 14.4 % 9.9 % 1 Q06 10.4% 3.7% 4.7% 6.8 % 17.9% 7.2% 9.9% 13.9 % 9.4 % 4 Q05 12.0% 5.1% 5.9% 8.3 % 17.8% 8.2% 10.8% 14.3 % 10.6 % (3 ) Trend 10.6% 4.3% 6.7% 8.1 % 16.3% 7.5% 8.7% 13.3 % 10.1 % ⁽¹ ⁾ ⁽¹⁾ Structural Products Warehouse Direct Reload Total Warehouse Direct Reload Total ^{(1) (2) (3)} Specialty Products Total

Includes product rebates. Includes competitive discounts, cash discounts, Canadian conversion, and accruals. The 11 quarters from 2001 through Q3 2003 was selected as a representative trend

(1) ^{(2) (3)}

period which reflects a variety of market conditions and pricing cycles.

BlueLinx Holdings Inc. Revenue Channel Mix Analysis

2 Q06 44.6% 39.3% 16.1% 100.0 % 61.9% 28.1% 10.0% 100.0 % 1 Q06 44.9% 41.4% 13.7% 100.0 % 59.4% 30.1% 10.5% 100.0 % 4 Q05 45.1% 40.7% 14.2% 100.0 % 60.4% 29.2% 10.4% 100.0 % ⁽¹ ⁾ Trend 57.2% 33.6% 9.2% 100.0 % 64.8% 29.2% 6.0% 100.0 % Structural Products Warehouse Direct Reload Specialty Products Warehouse Direct Reload Total Total

3Q06 Variance from Trend F/(U) (10.9%) 1.9% 9.0% 0.0 % 0.0% (3.4%) 3.4% 0.0 %

3 Q06 46.3% 35.5% 18.2% 100.0 % 64.8% 25.8% 9.4% 100.0 %

The 11 quarters from 2001 through Q3 2003 was selected as a representative trend period which reflects a variety of market conditions and pricing cycles.

BlueLinx Holdings Inc. Structural Products Price Trends

Plywood Price Trend 2003-2006 YTD Southern Sheathing 15/32” 4 Ply. West Zone

2003 — 2006 YTD Oriented Strand Board 7/16” North Central Zone

Oriented Strand Board Price Trend

EXHIBIT 99.3

4300 Wildwood Parkway
Atlanta, GA 30339
1-888-502-BLUE
www.BlueLinxCo.com

Contact:
Jim Storey
Vice President – Investor Relations
BlueLinx Holdings Inc.
james.storey@bluelinxco.com
(770) 612-7169

BLUELINX ANNOUNCES CFO DEPARTURE
— David Morris Expected to Depart by Year End, Search Underway for Successor —

ATLANTA, November 1, 2006 — BlueLinx Holdings Inc. (NYSE: BXC), a leading distributor of building products in North America, today announced that David J. Morris, chief financial officer and treasurer, has decided to leave the company. Current plans call for Mr. Morris to continue to serve as CFO until his departure, which currently is anticipated at year end or until a successor can be found. Additionally, Mr. Morris and BlueLinx currently intend to enter into a consulting agreement that would become effective upon his departure.

“David has been an integral member of our executive management team since BlueLinx was formed in 2004,” said Stephen E. Macadam, chief executive officer. “We have worked closely together since my arrival a year ago as CEO and I have a deep appreciation and high regard for his counsel and leadership in building the financial foundation of BlueLinx as an independent company. I look forward to continuing to work with David as a member of our executive management team until his departure and as an advisor to our company after that.”

Mr. Morris, a member of the management team that engineered the transformation of BlueLinx from the building products distribution division of Georgia-Pacific Corporation to the largest publicly traded building products distribution company in North America, is leaving the company to pursue other interests.

“The building products industry has been a major part of my professional life,” said Morris, who spent 14 years with Georgia-Pacific prior to BlueLinx, most recently as the vice president of finance for the distribution division. “Over the past several months, Steve and I have talked about my desire to take on new challenges and we reached a mutual decision that this was the right time to make a change.”

BlueLinx has retained the services of an executive recruitment firm and a search for a new chief financial officer is underway. Current plans are for Mr. Morris to assist in the transition of his successor.

About BlueLinx Holdings Inc.

Headquartered in Atlanta, Georgia, BlueLinx Holdings Inc., operating through its wholly owned subsidiary BlueLinx Corporation, is a leading distributor of building products in North America. Employing more than 3,400 people, BlueLinx offers 10,000 products from over 750 suppliers to service approximately 12,000 customers nationwide, including dealers, industrial manufacturers, manufactured housing producers and home improvement retailers. The company operates its distribution business from sales centers in Atlanta and Denver, and its network of more than 70 warehouses. BlueLinx is listed on the Fortune 500 ranking of the nation’s largest companies and its stock trades on the New York Stock Exchange under symbol BXC. Additional information about BlueLinx can be found on its Web site at www.BlueLinxCo.com.

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