See the key financial figures reported by five major industrial distributors.
Latest In Beacon
We break down the building supplies distributors' 4Q and full-year financials, which included a company-record $8.4 billion in 2022 sales.
The company announced the appointment of Dan Worley as Vice President of Environment, Health & Safety.
Beacon announced the acquisitions of Whitney Building Products and First Coastal Exteriors a day apart.
Beacon will create a new specialty waterproofing division as a result of the acquisition.
Birte von Schwarzenfeld joins Beacon after spending the past 3.5 years in executive roles at Hilti Group.
It was a notable acceleration from the building products distributor's 1Q growth, achieving company records in sales, profit and profit margin.
The distributor says it entered an accelerated share repurchase agreement with Citibank N.A to repurchase $125 million of Beacon’s common stock.
The roofing material and building products distributor says it opened an OTC hub in Pico Rivera, California, and a branch in Little Chute, Wisconsin.
2021 fourth-quarter sales increased 11.3% compared to the prior year, while net income from continuing operations was $68.1 million.
November continued an upward trend in mergers and acquisitions seen during the prior month, as well as during this year’s third quarter.
Roofing material and building products distributor reported 2021 fiscal 4Q sales of $1.88B, a quarterly record for continuing operations.
Roofing material and building products distributor Beacon's 3rd annual 'Beacon of Hope' contest rewards veterans with new roofs.
Roofing material and building products distributor says acquisition will strengthen its presence in Midwest markets.
Roofing distributor has expanded service to customers in Houston and North Port-Bradenton-Sarasota, Florida.
For the third year in a row, Beacon’s nationwide contest will award six deserving veterans with new roofs.
Beacon also reported a third-quarter profit of $70.5 million, compared with a $12.7 million loss in the year-ago period.
Bennett will join Beacon in the newly created role of chief commercial officer (CCO) in June.
Beacon swings to a profit of $22.1 million in 1Q after a loss of $22.4 million the year prior.
McDevitt will take the CHRO reins from Harrison, who is departing Beacon later this quarter.