QXO slumps after preliminary sales below estimate
ReutersJan 15, 2026 11:05 PM
Shares of building products distributor QXO QXO.N fall 4.2% at $23.96 in extended trading
Sees Q4 preliminary net sales of $2.19 billion, compared with estimates of $2.21 billion - data compiled by LSEG
Expects quarterly adjusted EBITDA of about $150 million vs estimates of $185 million
Co announces $750 million in common stock offering
Stock rose 21.3% in 2025
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