TopBuild Q1 Earnings Top, Sales Miss Expectations, Both Down Y/Y

TopBuild Corp. (BLD) reported mixed results for the first quarter of 2025, wherein its adjusted earnings topped the Zacks Consensus Estimate and the net sales missed the same. Year over year, both metrics declined.The quarterly performance reflects lower sales volume in the Installation segment, mainly due to softened housing demand caused by affordability concerns. Also, increased selling, general and administrative (SG&A) expenses and the lingering inflation added to the performance decline. However, stre ...