ATLANTA, GA -- BlueLinx Holdings Inc., a leading distributor of building products in North America, reported a net loss of $0.9 million in the fiscal third quarter 2014 compared to the net loss of $3.2 million in the prior year period. Adjusted EBITDA for the fiscal third quarter 2014 improved to $11.1 million from an Adjusted EBITDA of $7.2 million for the same period a year ago.
Revenues for the fiscal third quarter ended October 4, 2014, decreased by $8.1 million, or 1%, to $549.8 million compared to $557.9 million in the fiscal third quarter ended September 28, 2013.
"We are pleased to report fiscal third quarter 2014 Adjusted EBITDA of $11.1 million. These results continue our positive year over year trend since our first quarter and reflect continued momentum in executing our initiatives. Adjusted EBITDA of $11.1 million represents an improvement of approximately $3.9 million from the fiscal third quarter of 2013, while our same center sales improved by 3%," said Mitch Lewis, President and Chief Executive Officer.
Susan O'Farrell, Senior Vice President and Chief Financial Officer added, "As previously announced in August, the company extended our $20 million loan component of the U.S. revolving credit facility through June 2015. We ended the third quarter with excess availability of $88 million, and our year to date cash used by operations improved $17.4 million over the fiscal nine months ended 2013. We continue to closely manage our business to enhance our liquidity position."