Beacon Roofing Supply (BECN) Misses Q4 EPS by 17c
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Beacon Roofing Supply Reports Fourth Quarter and Fiscal Year 2019 Results
November 25, 2019 4:01 PM ESTFourth quarter highlighted by strong residential roofing growth and robust operating cash performance
Executive Vice President and Chief Financial Officer Joseph Nowicki to depart later this fiscal year
Record fourth quarter net sales of $2.03 billion, including 11.5% daily sales growth in organic residential roofing vs. prior year Fourth quarter operating cash flow of $407.6 million, driving total debt reduction of approximately $345 million Three-year cumulative annual operating cash flow of over $1 billion Fourth quarter net income of $27.4 million; Adjusted EBITDA of $169.1 million... More