Beacon Roofing Supply Inc. (NASDAQ: BECN), Peabody, MA, reported sales for fiscal 2014 ended Sept. 30 of $2.3 billion, an increase of 3.8 percent compared to the same period a year ago. Profit decreased 25.9 percent to $53.8 million.

Sales for the fourth quarter were $726.5 million, an increase of 6.3 percent compared to the same period a year ago. Profit decreased 11.7 percent to $24.2 million.

“The soft residential market, coupled with heightened competition, has continued to put pressure on our market pricing," said Paul Isabella, president and CEO.