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Stock impact report

Beacon Reports Third Quarter 2024 Results

Beacon Roofing Supply, Inc. (BECN) 
Last beacon roofing supply, inc. earnings: 2/3 04:01 pm Check Earnings Report
Company Research Source: Business Wire
Record quarterly sales driven by execution on Ambition 2025 growth initiativesDisciplined margin management and bottom quintile branch initiative resulted in solid net income and record Adjusted EBITDAInvested in organic growth by opening four greenfield locations to enhance customer reachExecuted on value-creating acquisitions that are expected to contribute approximately $247 million of sales annually HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”, “we”, “our”), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing, and exterior products, announced results today for the third quarter ended September 30, 2024.“Beacon’s third quarter results demonstrated the resilience of our business model and the team’s strong execution on our Ambition 2025 initiatives,” said Julian Francis, Beacon’s President & CEO. “We have, once again, shown that we can grow in any environment. The majority of our demand is underpinned by non-discretionar Show less Read more
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