Articles from Beacon

Beacon (Nasdaq: BECN) (the “Company”) announced today that, consistent with last year, its earnings results for the quarter and full year ended December 31, 2024 will be released before the market opens on Thursday, February 27, 2025. The Company will host a conference call and webcast to discuss its financial results at 8:30 a.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company’s website at the below link. Details for the earnings release event are as follows:
By Beacon · Via Business Wire · February 6, 2025

Beacon (Nasdaq: BECN) (the “Company”), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, today announced that its Board of Directors (the “Board”) issued its formal recommendation to shareholders regarding the unsolicited tender offer (the “Offer”) from QXO, Inc. (NYSEQXO) to acquire all outstanding shares of Beacon common stock for $124.25 per share in cash.
By Beacon · Via Business Wire · February 6, 2025

Beacon (Nasdaq: BECN) (the “Company”), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, announced today that its Board of Directors (the “Board”) has unanimously adopted a limited duration stockholder rights agreement (the “Rights Agreement”) to protect stockholder interests and maximize value for all stockholders.
By Beacon · Via Business Wire · January 28, 2025

Beacon (Nasdaq: BECN) (the “Company”) today confirmed that QXO, Inc. (NYSEQXO) has commenced an unsolicited tender offer to acquire all outstanding shares of Beacon common stock for $124.25 per share in cash.
By Beacon · Via Business Wire · January 27, 2025

Beacon (Nasdaq: BECN), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, announced today that it has awarded five supplier partners with awards for their service commitment in 2024.
By Beacon · Via Business Wire · January 22, 2025

Beacon (Nasdaq: BECN) (the “Company”) today confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO, Inc. (Nasdaq: QXO) to acquire all outstanding shares of the Company for $124.25 per share in cash.
By Beacon · Via Business Wire · January 15, 2025

Beacon (Nasdaq: BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announced today that it will host an Investor Day in New York City on Thursday, March 13, 2025.
By Beacon · Via Business Wire · January 14, 2025

Beacon (Nasdaq: BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announced today the results of its footprint expansion initiatives during the fourth quarter of 2024.
By Beacon · Via Business Wire · January 6, 2025

Beacon (Nasdaq: BECN) the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announced today a partnership with Leap to integrate their CRM tool with Beacon’s eCommerce platform, Beacon PRO+®. Leap CRM is an end-to-end management software that helps home improvement contractors win and manage every job. This integration allows contractors to purchase Beacon products seamlessly within Leap’s full-service CRM tool.
By Beacon · Via Business Wire · November 18, 2024

This Veteran’s Day, Beacon (Nasdaq: BECN) announced the 14 grand-prize winners of its annual Beacon of Hope® program, an initiative aimed at honoring Veterans throughout North America for their service by supporting them with a brand-new roof, free of charge. Together with local roofing companies, Beacon will deliver and facilitate 14 roof replacements for Veteran and Gold Star Family homes, and community buildings serving Veterans.
By Beacon · Via Business Wire · November 11, 2024

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.
By Beacon · Via Business Wire · October 30, 2024

Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today a partnership with GAF to provide its customers access to now order GAF QuickMeasure™ reports from Beacon PRO+®, an industry-leading digital platform.
By Beacon · Via Business Wire · October 21, 2024

Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended September 30, 2024 will be released after market close on Wednesday, October 30, 2024. The Company will host a conference call and webcast to discuss its financial results at 8:30 a.m. Eastern Time on October 31, 2024. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company’s website at the below link. Details for the earnings release event are as follows:
By Beacon · Via Business Wire · October 16, 2024

Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has opened new locations in Pelham, Alabama, Queen Creek, Arizona, Port St. Lucie, Florida and Bellingham, Washington.
By Beacon · Via Business Wire · October 1, 2024

Beacon (Nasdaq: BECN) the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has launched its industry-leading digital platform, Beacon PRO+®, in Canada.
By Beacon · Via Business Wire · September 16, 2024

Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today that it has completed the acquisition of Chicago Metal Supply & Fabrication, Inc. (“Chicago Metal Supply”) located in Chicago’s Hanson Park neighborhood.
By Beacon · Via Business Wire · September 10, 2024

Beacon (the “Company”) (Nasdaq: BECN) the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today a partnership with the U.S. Army Partnership for Your Success (PaYS) Program to provide military service members with career pathways in the roofing industry following their military service. This alliance underscores Beacon's commitment to supporting Veterans and providing career opportunities to those who have served our nation. As a PaYS Partner, Beacon will actively recruit Veterans for roles across the company, offering them the chance to build rewarding careers throughout the Company’s nationwide footprint.
By Beacon · Via Business Wire · September 5, 2024

Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, is seeking nominations for its annual Beacon of Hope. This North American program has been expanded to award new roofs at no cost to 12 Veteran-owned homes and two community buildings that house organizations serving Veterans. This is also the first year that Gold Star Families are welcome as nominees. Gold Star Families have experienced the loss of an immediate family member who made the ultimate sacrifice during active-duty military service, and Beacon is extending the promise of a sound roof to Gold Star Families in need.
By Beacon · Via Business Wire · August 15, 2024

Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today that it has completed the acquisition of Passaic Metal and Building Supplies Co. and certain affiliated companies (“PAMPCO”) headquartered in Clifton, New Jersey. PAMPCO has five branches in New Jersey and one in upstate New York.
By Beacon · Via Business Wire · August 2, 2024

Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today that it has completed the acquisition of SSR Roof Supply Ltd. (“SSR”). SSR operates two branches in the Vancouver, British Columbia market, with one branch in Burnaby and the other in Surrey.
By Beacon · Via Business Wire · August 2, 2024

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 second quarter ended June 30, 2024.
By Beacon · Via Business Wire · August 1, 2024

Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and related exterior products, announced today an enhanced alliance with EagleView, a leading provider of aerial imagery, software, and analytics. This collaboration includes a seamless integration of EagleView’s detailed roof measurements with Beacon PRO+®, an industry-leading ecommerce platform.
By Beacon · Via Business Wire · July 22, 2024

Beacon (Nasdaq: BECN), the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has opened new locations in Athens, Georgia and in Midlothian, Texas.
By Beacon · Via Business Wire · July 19, 2024

Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended June 30, 2024 will be released after market close on Thursday, August 1, 2024. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company’s website at the below link. Details for the earnings release event are as follows:
By Beacon · Via Business Wire · July 18, 2024

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Roofers Mart of Southern California, Inc. (“Roofers Mart”) located in Walnut, California.
By Beacon · Via Business Wire · July 10, 2024

Beacon (Nasdaq: BECN) announced today that it has been recognized for a fifth year as a National Preferred Partner by David Weekley Homes, one of the United States’ largest privately-held home builders.
By Beacon · Via Business Wire · July 2, 2024

Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced the acquisition of Extreme Metal Fabricators, LLC (“Extreme Metal”) with locations in Key Largo and Palm City, Florida and Integrity Metals, LLC (“Integrity Metals”) with locations in Gainesville and Vero Beach, Florida.
By Beacon · Via Business Wire · July 1, 2024

Beacon (Nasdaq: BECN) announced today that Brooke Laizure, Owner of Whirlwind Roofing & Construction (Whirlwind) in Bixby, Oklahoma, is the winner of the 2024 North American Female Roofing Professional of the Year campaign, which highlights women in the roofing industry across the U.S. and Canada. Whirlwind specializes in residential roofing replacement, repair and restoration and is proudly family-owned and operated.
By Beacon · Via Business Wire · June 17, 2024

Beacon (Nasdaq: BECN), the only publicly-traded specialty roofing distributor, announced today that it has opened a new location in Terrell, Texas to further service residential and commercial roofers. It has also opened new locations in Everett, Washington and Spokane, Washington to support specialty waterproofing contractors.
By Beacon · Via Business Wire · June 12, 2024

Beacon (Nasdaq: BECN) (the “Company”) announced today that it has released its 2023 Corporate Social Responsibility (CSR) Report. This year’s report demonstrates our commitment to action and transparency on important environmental and social topics driven by the Company’s values.
By Beacon · Via Business Wire · May 31, 2024

Beacon (Nasdaq: BECN), the only publicly-traded specialty roofing distributor, announced today that it has opened new locations in Attleboro, Massachusetts and Mississauga, Ontario, Canada to increase service to residential and commercial roofing contractors.
By Beacon · Via Business Wire · May 23, 2024

Beacon (Nasdaq: BECN) announced today that it has entered into an accelerated share repurchase agreement (“ASR”) with Citibank N.A to repurchase $225 million of Beacon’s common stock.
By Beacon · Via Business Wire · May 10, 2024

Beacon (Nasdaq: BECN) (the “Company”, “we”, “our”) announced results today for the first quarter ended March 31, 2024.
By Beacon · Via Business Wire · May 2, 2024

Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced the closing of the previously announced acquisition of Smalley & Company (“Smalley”), headquartered in Denver, CO. Smalley serves customers at eleven locations in Arizona, California, Colorado, Nevada, New Mexico, and Utah.
By Beacon · Via Business Wire · May 1, 2024

Beacon (Nasdaq: BECN) announced today the appointment of Prithvi (Prith) Gandhi as Executive Vice President and Chief Financial Officer. Mr. Gandhi will join Beacon on May 1, 2024, and assume his role as Chief Financial Officer on or about May 6, 2024.
By Beacon · Via Business Wire · April 22, 2024

Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended March 31, 2024 will be released after market close on Thursday, May 2, 2024. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company’s website at the below link. Details for the earnings release event are as follows:
By Beacon · Via Business Wire · April 18, 2024

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of General Siding Supply (“General Siding”) headquartered at its Omaha, NE branch, with four additional branches located in Lincoln, NE, Grand Island, NE, Sioux City, IA and West Fargo, ND.
By Beacon · Via Business Wire · April 15, 2024

Beacon (Nasdaq: BECN), the only publicly traded specialty roofing distributor, announced today that it has opened new locations in Dieppe, New Brunswick, Canada and Spring Lake Park, Minnesota to serve residential and commercial roofing contractors.
By Beacon · Via Business Wire · April 8, 2024

Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced today that it signed a purchase agreement to acquire Smalley & Company, headquartered in Denver, CO with eleven locations in Colorado, Arizona, California, Nevada, New Mexico and Utah. Smalley is a privately held company, which is 100% owned by an Employee Stock Ownership Plan and Trust (“ESOP”). Closing the contemplated transaction requires a majority vote of the plan’s Participants giving the ESOP Trustee authorization to approve the sale.
By Beacon · Via Business Wire · April 2, 2024

In honor of International Women’s Day, Beacon (Nasdaq: BECN), the only publicly traded specialty roofing and complementary products distributor, announced today the launch of its fourth annual North American Female Roofing Professional of the Year. This campaign celebrates women in the roofing industry across the U.S. and Canada by calling on the public at large to nominate a female roofing professional who has demonstrated excellence, a commitment to putting people first, making safety a priority, doing the right thing, and building for her customers, her co-workers, and her community.
By Beacon · Via Business Wire · March 8, 2024

Beacon (Nasdaq: BECN), the only publicly traded specialty distributor of roofing and complementary materials, announced today that it has awarded three supplier partners with awards for their service commitment in 2023.
By Beacon · Via Business Wire · March 5, 2024

Beacon (Nasdaq: BECN) (the “Company”, “we”, “our”) announced results today for the fourth quarter and full year ended December 31, 2023 (“2023”).
By Beacon · Via Business Wire · February 27, 2024

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Metro Sealant & Waterproofing Supply, Inc. (“Metro Sealant”) headquartered in Springfield, VA with three additional branches located in Ashland, VA, Linthicum, MD, and Virginia Beach, VA.
By Beacon · Via Business Wire · February 12, 2024

Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter and full year ended December 31, 2023 will be released after market close on Tuesday, February 27, 2024. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company’s website at the below link. Details for the earnings release event are as follows:
By Beacon · Via Business Wire · February 6, 2024

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Roofers Supply of Greenville (“Roofers Supply”) headquartered in Greenville, SC with two additional branches located in Charlotte, NC and Raleigh, NC.
By Beacon · Via Business Wire · February 1, 2024

Beacon (Nasdaq: BECN) announced today that it opened new locations in Conroe, TX and Goldsboro, NC at the end of December 2023 to serve residential and commercial roofing contractors and lumberyards.
By Beacon · Via Business Wire · January 16, 2024

Beacon (Nasdaq: BECN) announced today that it has opened new locations in Austell, GA, Marquette Heights, IL, Des Moines, IA, North Charleston, SC and Bastrop, TX to serve residential roofing, commercial roofing and waterproofing contractors.
By Beacon · Via Business Wire · December 20, 2023

Beacon (Nasdaq: BECN) announced today that it has opened new locations in Riverside, California and Houston, Texas to serve residential and commercial contractors.
By Beacon · Via Business Wire · November 16, 2023

Beacon (Nasdaq: BECN) announced today, in honor of Veteran’s Day, the winners of its annual Beacon of Hope program, a North American initiative awarding Veterans facing adversity with new roofs. Together with local roofing companies, Beacon will deliver and facilitate roof replacements for 10 Veteran homes or Veteran community buildings at no cost to the recipients.
By Beacon · Via Business Wire · November 10, 2023

Please replace the release dated November 2, 2023 with the following corrected version to reflect the following adjustments to the financial statements and information: (i) net income (loss) attributable to common stockholders in the consolidated statements of operations was corrected to $321.1 million for the nine months ended September 30, 2022, and (ii) payment of debt issuance costs of $6.6 million was included within financing activities in the consolidated statements of cash flows for the nine months ended September 30, 2023. Other than as described above, there are no changes to the financial statements and information contained in the release dated November 2, 2023.
By Beacon · Via Business Wire · November 3, 2023

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of H&H Roofing Supply, LLC (“H&H Roofing”) of Bakersfield, CA.
By Beacon · Via Business Wire · November 1, 2023

Beacon (Nasdaq: BECN) announced today that it has opened new locations in Salinas, CA, Frederick, CO, and Seguin, TX to serve residential and commercial contractors and lumberyards.
By Beacon · Via Business Wire · October 27, 2023

Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended September 30, 2023 will be released after market close on Thursday, November 2, 2023. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company’s website at the below link. Details for the earnings release event are as follows:
By Beacon · Via Business Wire · October 19, 2023

Beacon (Nasdaq: BECN) (and its affiliates, the “Company”) announced today that it has completed the acquisition of waterproofing distributor Garvin Construction Products (“Garvin”) based in Medford, MA with four additional locations in North Haven, CT, Beltsville, MD, Carlstadt, NJ, and Long Island City, NY.
By Beacon · Via Business Wire · October 2, 2023

Beacon (Nasdaq: BECN) announced today that it has opened new locations in Grand Haven, MI and Joplin, MO to serve residential and commercial contractors and lumberyards.
By Beacon · Via Business Wire · September 11, 2023

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of S&H Building Material Corporation (“S&H”) of Medford, NY.
By Beacon · Via Business Wire · September 5, 2023

Beacon (Nasdaq: BECN) is now accepting nominations for its annual Beacon of Hope, a North American program awarding Veterans new roofs.
By Beacon · Via Business Wire · August 15, 2023

Beacon (Nasdaq: BECN) (the “Company”, “we”, “our”) announced results today for the second quarter ended June 30, 2023.
By Beacon · Via Business Wire · August 3, 2023

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of All American Vinyl Siding Supply, LLC (“All American”) of Tupelo, MS.
By Beacon · Via Business Wire · August 1, 2023

Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended June 30, 2023 will be released after market close on Thursday, August 3, 2023. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company’s website at the below link. Details for the earnings release event are as follows:
By Beacon · Via Business Wire · July 20, 2023

Beacon Roofing Supply, Inc. (Nasdaq: BECN) (“Beacon”) announced today the commencement of a private offering of $500.0 million aggregate principal amount of senior secured notes due 2030 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Beacon Sales Acquisition, Inc. The offering is subject to market and other conditions, and there is no assurance that the offering will be completed or, if completed, as to the terms on which it will be completed.
By Beacon · Via Business Wire · July 17, 2023

Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of Crossroads Roofing Supply, Inc. (“Crossroads”) of Oklahoma City, OK. Crossroads’ five branches, located in Enid, Norman, Oklahoma City, Stillwater, and Tulsa, have been serving residential and commercial contractors for over 20 years.
By Beacon · Via Business Wire · July 11, 2023

Beacon (Nasdaq: BECN) (the “Company”, “we,” “us” or “our”) today announced that it has reached an agreement with Clayton, Dubilier & Rice, LLC ("CD&R") to repurchase all of the outstanding shares of its Series A Cumulative Convertible Participating Preferred Stock (the “Series A Preferred Stock”) held by CD&R’s affiliate. Beacon is also announcing estimated preliminary results for the quarter ended June 30, 2023 and updating its full year 2023 outlook.
By Beacon · Via Business Wire · July 7, 2023

Beacon (Nasdaq: BECN) announced today that it has opened new locations in Ruskin, FL, Jackson, TN, Killeen, TX and Tyler, TX, serving residential and commercial contractors and lumberyards.
By Beacon · Via Business Wire · June 30, 2023

Beacon (Nasdaq: BECN) announced today that it has opened new locations in Lebanon, NH, Elyria, OH and Roanoke, VA serving residential contractors and lumberyards.
By Beacon · Via Business Wire · June 21, 2023

Beacon (Nasdaq: BECN) announced today the next steps of expanding its specialty waterproofing division, following the acquisitions of Coastal Construction Products and Whitney Building Products in the fourth quarter of last year. A broader leadership team has been named and two new locations are now open.
By Beacon · Via Business Wire · June 16, 2023

Beacon (Nasdaq: BECN) announced today that Michelle Ly Hall, Operations Manager at Hall Roofing and Construction in Round Rock, Texas, is the winner of the 2023 North American Female Roofing Professional of the Year campaign, which highlights women in the roofing industry across the U.S. and Canada.
By Beacon · Via Business Wire · June 15, 2023

Beacon (Nasdaq: BECN) announced today that it has acquired Silver State Building Materials, Inc. (“Silver State”) based in Gardnerville, Nevada.
By Beacon · Via Business Wire · June 12, 2023

Beacon (Nasdaq: BECN) announced today that it has released its second annual Corporate Social Responsibility (CSR) Report. This report provides an expanded, quantified view of Beacon’s Environmental, Social and Governance (ESG) commitments which are rooted in the company’s values.
By Beacon · Via Business Wire · May 18, 2023

Beacon (Nasdaq: BECN) (the “Company”, “we”, “our”) announced results today for the first quarter ended March 31, 2023.
By Beacon · Via Business Wire · May 4, 2023

Beacon (Nasdaq: BECN) announced today that it has opened a greenfield location in Gulfport, Mississippi.
By Beacon · Via Business Wire · May 3, 2023

Beacon (Nasdaq: BECN) announced today that it has opened a greenfield location in Longview, Texas.
By Beacon · Via Business Wire · May 1, 2023

Beacon (Nasdaq: BECN) (the “Company”) announced today that its earnings results for the quarter ended March 31, 2023 will be released after market close on Thursday, May 4, 2023. The Company will host a conference call and webcast to discuss its financial results at 5:00 p.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view accompanying slides on the Company’s website at the below link. Details for the earnings release event are as follows:
By Beacon · Via Business Wire · April 20, 2023

Beacon (Nasdaq: BECN) announced today that it has completed two acquisitions, Al’s Roofing Supply, Inc. (“Al’s”) of Hayward, California, and Prince Building Systems, LLC (“Prince Building Systems”) of Neillsville, Wisconsin.
By Beacon · Via Business Wire · April 3, 2023

Beacon (Nasdaq: BECN) announced today that it has opened a greenfield location in West Bend, Wisconsin.
By Beacon · Via Business Wire · March 15, 2023