Beacon Roofing Supply (BECN) Misses Q4 EPS by 17c

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Go back to Beacon Roofing Supply (BECN) Misses Q4 EPS by 17c

Beacon Reports Fourth Quarter and Fiscal Year 2020 Results

November 19, 2020 4:00 PM EST

Record fourth quarter net income and Adjusted EBITDA Fourth quarter net sales leveraged an attractive residential backdrop, and stronger gross margins benefited from pricing execution, mix and timing Strategic initiatives contributed to Q4 success, highlighted by digital sales and margin gains at lowest quintile branches Strong fiscal 2020 operating cash flow of $479 million enabled repayment of COVID-related ABL draw

HERNDON, Va.--(BUSINESS WIRE)-- Beacon (Nasdaq: BECN) (the... More