On Tuesday, BMC Stock Holdings, Inc. (NASDAQ: BMCH) shares price traded between $21.16 and $21.43 during the last trading session downbeat with -0.05% at $21.40. The shares recorded a trading volume 267,013 million shares as compared to its average volume of 473,879 shares. The company has 66.13M shares outstanding and market value of 1.423B . Over the one year trading period, the stock has a peak price of $23.15 and its down is recorded at $14.66. The short ratio in the BMCH stock is 6.04 and the short float is around of 4.23%.

BMC Stock Holdings, Inc. (NASDAQ: BMCH), recently reported its financial results for the first quarter ended March 31, 2019.

First Quarter 2019 Financial Results Contrast to Previous Year Period

• Net sales reduced 1.1% to $825.4M, primarily driven by commodity price deflation.  Specifically, the Company estimates that net sales reduced 4.7% from lumber & lumber sheet goods commodity price deflation, 1.6% from one less selling day versus the previous year period. These decreases were partially offset by a raise of 3.2% from the acquisitions of Barefoot and Company, Locust Lumber and Shone Lumber (in the previous year) and a raise of 3.2% from other organic growth.
• Gross profit increased 8.6% to $216.1M.  Gross profit as a percentage of sales (gross margin) was 26.2%, as contrast to 23.9% for the first quarter of 2018.  This result reflects a 310 basis point year-over-year improvement in gross margin within the lumber and lumber sheet goods category and a 570 basis point improvement within structural components.
• Selling, general and administrative (SG&A) expenses increased $9.7M to $169.9M.  About $5.4M of this increase related to selling, general and administrative expenses of Barefoot and Company, Locust Lumber and Shone Lumber and $4.7M. These increases were partially offset by a net decrease of $0.4M in other SG&A expenses.  SG&A expenses as a percent of net sales were 20.6%, contrast with 19.2% for the first quarter of 2018, primarily as a result of deflation in the selling prices of lumber and lumber sheet goods.

• Interest expense was $6.0M in the first quarter of 2019 and 2018, respectively.
• Other income, net, increased to $2.9M, which was derived primarily from state and local tax incentives, interest income and consumer service charges, contrast to $2.0M in the first quarter of 2018. This increase resulted primarily from a raise in interest income.
• Net income increased to $20.4M, or $0.30 per diluted share, contrast to $15.4M, or $0.23 per diluted share, in the first quarter of 2018.
• Adjusted net income (non-GAAP) increased to $25.0M, or $0.37 per diluted share (non-GAAP), contrast to Adjusted net income of $19.6M, or $0.29 per diluted share, in the first quarter of 2018.
• Adjusted EBITDA (non-GAAP) increased 15.3% to $54.4M, contrast to $47.2M in the first quarter of 2018.
• Adjusted EBITDA margin (non-GAAP), defined as Adjusted EBITDA as a percentage of net sales, expanded 90 basis points to 6.6%.
• Cash provided by operating activities increased $54.5M to $77.8M, primarily Because of improved profitability and the timing of vendor payments.