Beacon Roofing Supply(BECN)
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Beacon Roofing Supply(BECN) - 2024 Q1 - Quarterly Results
2024-05-03 04:31
Exhibit 99.1 BEACON REPORTS FIRST QUARTER 2024 RESULTS • Record first quarter net sales driven by growth across all three lines of business • Disciplined execution led to better-than-expected gross margin • Footprint expansion from acquired and newly opened branches enhancing customer reach and service • Added to our rapidly growing specialty waterproofing distribution platform with recent acquisition of Smalley & Co. • Continued execution on Ambition 2025 including strong growth in digital, expanded privat ...
Beacon (BECN) Buys General Siding Supply, Boosts Presence
Zacks Investment Research· 2024-04-17 00:11
收购情况 - Beacon Roofing Supply, Inc. (BECN)收购了总部位于内布拉斯加州奥马哈的建筑供应商General Siding Supply[1] - BECN通过此次收购扩大了其在关键市场的互补建筑产品供应和分支机构位置[2] - 自Ambition 2025战略计划公布以来,Beacon已收购了16家公司,直到2023年为止,增加了50家分支机构[7]
Will Beacon Roofing (BECN) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-11 01:16
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Beacon Roofing Supply (BECN) , which belongs to the Zacks Building Products - Retail industry. This roofing materials distributor has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.99%. For the most recent quarter, Beacon Roofing was expected to post e ...
Beacon (BECN) Expands Footprint With New Branch Openings
Zacks Investment Research· 2024-04-10 03:11
In line with its Ambition 2025 plan, Beacon Roofing Supply, Inc. (BECN) expands its footprint by opening new locations in Dieppe, New Brunswick, Canada and Spring Lake Park, MN. These branches aim to support building and roofing contractors, serving residential and commercial sectors. BECN’s new Dieppe branch expands its presence in the seventh Canadian province, serving the Atlantic Canada region. The branch is strategically positioned to tap into the region's growing construction sector driven by populati ...
Beacon (BECN) to Acquire Denver Based Smalley & Company
Zacks Investment Research· 2024-04-04 01:05
Beacon Roofing Supply, Inc. (BECN) inked a deal to acquire Denver, CO-based Smalley & Company. Smalley — a regional specialty waterproofing distributor — has been providing tailored sealant and waterproofing solutions to contractors, design professionals, and owners since 1967. In fact, it has become an industry leader through its dedication to being a vital link in the supply chain to contractors that perform a wide range of applications in the new construction and restoration markets. It has a presence in ...
Beacon Roofing (BECN) Surges 71% in the Past Year: Here's Why
Zacks Investment Research· 2024-04-03 00:11
公司业绩 - 公司2024年盈利预期从过去30天的每股$7.84上升到$7.87,预计增长1.4%[5] - 公司通过持续改进和提高生产力的举措,在2023年第四季度年度底线增加了约1500万美元[9] - 公司的在线平台销售在第四季度比离线渠道提高了约150个基点的利润率,数字化销售同比增长28%[12] 公司战略 - 公司受益于有效实施其Ambition 2025目标和降低成本的举措[2] - 公司专注于战略收购,并投资于数字化和生产力增强,这对其前景是有利的[3] - 公司正在集中精力实现其Ambition 2025目标,包括销售额达到90亿美元(年复合增长率8%)和EBITDA达到10亿美元(年复合增长率10%)[8] 评级展望 - 公司的VGM评分为A,表明分析师对其近期基本面持有乐观态度[6] - 公司致力于通过数字化和生产力增强措施提高增长和利润率[11]
5 Retail Building Products Stocks to Watch in a Bullish Industry
Zacks Investment Research· 2024-03-15 22:21
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. Companies 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 players like The ...
Beacon Launches Fourth Annual Campaign Recognizing Female Roofing Professionals
Businesswire· 2024-03-08 22:00
Beacon公司女性屋顶专业人士评选活动 - Beacon公司宣布启动第四届北美女性屋顶专业人士年度评选活动[1] - 该活动旨在表彰在美国和加拿大屋顶行业展现卓越表现、致力于以人为本、将安全置于首位、做正确的事情、为客户、同事和社区建设的女性屋顶专业人士[1] - 任何在屋顶行业工作的女性都可以被提名,提名截止日期为4月10日[2] - 五名入围者将于5月公布,公众将有机会投票选出最喜爱的候选人[2] - Beacon公司高级副总裁Birte von Schwarzenfeld表示,该公司认识到女性为行业带来的价值,并通过该活动来突出她们为组织带来的重要贡献[3] - 去年的获奖者Michelle Ly Hall因在屋顶行业中支持女性赋权而受到表彰,她在社区中担任领导职务,支持当地的军事慈善事业,并在多个董事会中任职[3] - Michelle Ly Hall表示感谢Beacon公司提高了女性在屋顶行业中发挥重要作用的意识[4] Beacon公司背景介绍 - Beacon公司成立于1928年,是一家财富500强的上市建筑产品分销商,拥有超过530家分支机构,服务近10万客户[5] - Beacon公司在纳斯达克全球精选市场上市,股票代码为BECN[5]
GMS Buys Kamco for $321.5M, Expects Cost & Revenue Synergies
Zacks Investment Research· 2024-03-06 00:01
收购情况 - GMS Inc. 完成了对 Kamco Supply Corporation 及其附属公司的收购,这家公司是一家主要供应吊顶、墙板、钢材、木材和其他相关建筑产品的领先供应商[1] - Kamco 是一家总部位于纽约布鲁克林的领先供应商,拥有五个分销设施,服务于纽约大都会和三州地区,过去12个月内,Kamco从其四个成熟的分销设施和最近开设的布朗克斯绿地中获得了约2.35亿美元的收入[2] 交叉销售机会 - GMS 预计能够通过与 Kamco 和其他企业的交叉销售机会来实现收益[3] - 最近在墙板和相关产品线的扩张为 GMS 提供了更好地利用市场潜力并为客户提供更高水平服务的机会[3]
Beacon Announces 1st Annual Supplier Partner Award Winners
Businesswire· 2024-03-05 22:00
Beacon公司合作奖项 - Klauer Manufacturing获得了“Trail Blazer Award”,表彰他们在2023年与Beacon合作实现市场增长、新产品倡议、销售培训和回馈社区[2] - Lomanco获得了“TRI-BUILT Award”,表彰他们与Beacon合作提供市场上独特的营销、包装和产品价值[3] - GAF获得了“Supplier of the Year Award”,表彰他们在2023年与Beacon合作吸引新客户、促进商业屋顶市场增长[4] Beacon公司业绩 - Beacon在2023年超过了Ambition 2025的收入和股东回报目标,继续释放其长期潜力[5] - Beacon是一家在纳斯达克上市的屋顶和相关材料的专业分销商[6]