The market expects Beacon Roofing Supply (BECN) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 1, 2024, might help the stock move higher if these key numb ...

Beacon Roofing Supply, Inc. (BECN) boosts its commercial roofing product offering by acquiring Roofers Mart of Southern California, Inc., situated in Walnut, CA.Roofers Mart has been serving roofing contractors in the Los Angeles metro market for the past 40 years. Leveraging the market reach of Roofers Mart will enable Beacon to broaden its Los Angeles Beacon OTC Network service area.The company is optimistic about this strategic buyout and holds onto the synergies the buyout will bring to its business exp ...

In a move to enhance service for metal roofing contractors, Beacon Roofing Supply, Inc. (BECN) acquired Extreme Metal Fabricators, LLC in Key Largo and Palm City, Florida, and Integrity Metals, LLC in Gainesville and Vero Beach. Extreme Metal has operated for over a decade with a team of craftspeople, estimators and operators, ensuring high-quality metal panel roofing systems. This acquisition will expand BECN’s product offerings, providing customers with a broader range of roofing and complementary product ...

In a bid to continue providing services to residential and commercial roofers, Beacon Roofing Supply, Inc. (BECN) opened a new location in Terrell, TX. Also, it has opened new locations in Everett and Spokane, WA, to support specialty waterproofing contractors. The Terrell branch serves the Eastern Dallas-Fort Worth market. On the other hand, the Everett and Spokane branches offer a complete catalog of waterproofing, glass and glazing products in demand by specialty contractors. Shares of Beacon — the large ...

Beacon Roofing Supply (BECN) shares ended the last trading session 5.4% higher at $102.24. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.2% gain over the past four weeks. The stock rallied after recent data showing easing inflation, published by the U.S. Bureau of Labor Statistics. This roofing materials distributor is expected to post quarterly earnings of $2.83 per share in its upcoming report, which represen ...

The Zacks Building Products – Retail industry participants are likely to benefit from technology initiatives to bolster the e-commerce experience. Companies have been strengthening digital ecosystems, providing the best online assortments and bolstering omni-channel capabilities. Industry participants are also benefiting from accretive acquisitions, the focus on expanding supply-chain facilities and digital initiatives. Continued innovation, e-commerce expansion and strong demand are likely to benefit playe ...

文章核心观点 - 公司正在积极推进"Ambition 2025"计划,通过扩大地理覆盖范围、进行并购整合等方式来实现增长目标 [1][2][4][5][6] - 公司最近在美国马萨诸塞州和加拿大安大略省开设了新的分支机构,以拓展当地的住宅和商业屋顶业务 [2][3] - 公司股价在年初至今上涨11.7%,优于同行业4.3%的下跌,体现了公司的增长动力 [7] 根据相关目录分别进行总结 公司扩张计划 - 公司正在通过并购和新开分支机构的方式扩大地理覆盖范围,以实现"Ambition 2025"的增长目标 [1][2][3][5][6] - 2024年5月1日,公司完成了对Smalley & Company的收购,进一步扩大了全国防水业务平台 [5][6] - 过去12个月内,公司新增21家分支机构,并开设了28家新的营业点 [6] 公司业绩表现 - 公司股价在年初至今上涨11.7%,优于同行业4.3%的下跌,体现了公司的增长动力 [7] - 公司正专注于有机和非有机增长举措,推动股价上涨趋势 [7] 同行业公司表现 - 同行业公司Abercrombie & Fitch (ANF)、Wingstop (WING)和The Gap (GPS)近期表现良好,获得了Zacks第1级(强烈买入)评级 [10][12][14] - ANF过去一年股价上涨401.4%,预计2024财年销售和利润将分别增长6.4%和24.2% [11] - WING过去一年股价上涨91.2%,预计2024财年销售和利润将分别增长27.5%和36.7% [12][13] - GPS过去一年股价上涨151.5%,但预计2024财年销售和利润将分别下降0.3%和3.5% [14][15]

Bilanol/iStock via Getty Images Well over a year ago, in September 2022, I performed my first-ever analysis into Beacon Roofing Supply (NASDAQ:BECN). As the company's name suggests, the firm operates as a distributor of roofing materials, as well as of other complementary building products. With a market capitalization of $5.94 billion as of this writing, the firm may not seem all that large. However, over the 90 years that it has been operating, it has grown to have 542 different branches from which it con ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from _________ to __________ Commission File Number 000-50924 BEACON ROOFING SUPPLY, INC. (Exact name of registrant as specified in its charter) Delaware 36-4173371 (State or ...

财务数据和关键指标变化 - 公司第一季度总销售额超过19亿美元,同比增长10%以上,主要由于有机销量增长以及收购带来的贡献 [36] - 住宅屋顶销售增长超过9%,主要由于维修和改造需求坚韧以及价格小幅上涨 [37] - 非住宅销售增长近18%,主要由于维修和改造活动强劲以及去年同期的库存去化 [38] - 毛利率为24.7%,同比下降约80个基点,但高于公司预期和去年同期水平 [40] - 调整后营业费用占销售额21.1%,同比上升50个基点,主要由于新收购和新开分店带来的费用增加 [42] 各条业务线数据和关键指标变化 - 住宅屋顶业务销售增长超过9%,体现了维修和改造需求的坚韧性 [37] - 非住宅业务销售增长近18%,主要由于维修和改造活动强劲以及去年同期的库存去化 [38] - 补充产品销售增长超过5%,主要由于防水业务平台的持续增长,但被边材销量下降部分抵消 [39] 各个市场数据和关键指标变化 - 佛罗里达州市场表现疲弱,第一季度防水材料出货量同比下降30% [98][105] - 其他地区市场需求较为旺盛,公司在好天气日子里看到了很强劲的需求 [108][109] 公司战略和发展方向及行业竞争 - 公司继续通过收购和新开分店扩大客户触达能力,在过去2年内已完成18起收购,新增66家分店 [20][21][30] - 公司正在实施商业加速计划,在试点市场取得了超越市场的增长 [25] - 公司推出了新的TRI-BUILT品牌商业屋顶绝热产品,满足客户对可持续性和能效的需求 [26] - 公司正在推行新的定价模型,初步试点结果显示可提升50个基点的利润率 [28] - 公司认为行业整合趋势将持续,大型企业的竞争优势将进一步凸显 [113][114][115][116] 管理层对经营环境和未来前景的评论 - 公司预计2024年第二季度总销售增长将达到高个位数,与4月7%的日销售增长一致 [54] - 公司预计全年销售增长将达到中个位数,包括已完成的收购 [56] - 公司预计全年毛利率将维持在中25%区间,受益于私有品牌和数字销售占比提升,但受非住宅业务占比上升的影响 [56] - 公司预计全年调整后EBITDA将达到9.3亿美元至9.9亿美元之间,包括最新收购 [57] - 公司对下半年市场前景持谨慎乐观态度,预计商业市场需求将好于之前预期 [64][65][66][98] 问答环节重要的提问和回答 问题1 **Brian Biros 提问** 询问公司非住宅业务的表现和前景 [63] **Julian Francis 回答** 公司对商业市场前景持谨慎乐观态度,预计下半年将大幅超越市场,主要得益于去年库存去化的影响消退以及公司商业加速计划的成效 [64][65][66] 问题2 **Trey Grooms 提问** 询问公司全年业绩的季度节奏 [69] **Julian Francis和Carmelo Carrubba回答** 公司预计第二季度将受益于去年同期较低的基数以及暴风雨需求的延续,第三四季度将受益于收购和新开分店的贡献,以及定价和商业市场的改善 [70][71][72][73] 问题3 **Michael Rehaut 提问** 询问EBITDA增长低于收入增长的原因以及未来趋势 [76] **Julian Francis回答** 部分近期收购的EBITDA率较低拖累了整体利润率,但公司有信心通过整合和运营改善来提升这些业务的盈利能力。随着这些举措的推进,未来EBITDA增长有望超越收入增长 [77][78][79]