Beacon Reports Q4, Fiscal Year 2021 Results

Company reports record fiscal year 2021 performance.

Beacon

November 18, 2021

1 Min Read
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Beacon announced results for its fourth quarter and fiscal year ended Sept. 30, 2021.

“In fiscal 2021, we demonstrated the strength of our platform by generating record top-line and bottom-line results, building a solid foundation for our future ambitions,” said Julian Francis, Beacon’s president and CEO. “Focused market and price execution also drove the highest fourth-quarter sales and Adjusted EBITDA in our history. Our team continued to deliver high-value solutions to our customers’ critical building material needs in a supply-challenged environment. Furthermore, the progress on our strategic initiatives and operational improvements has been transformational throughout fiscal 2021. We have focused our business on our core exteriors customers and strengthened our balance sheet. Today, we have ample capacity to make strategic investments and drive enhanced growth. Looking forward, we have the right leadership team to execute on a multi-year runway of market opportunities that will create value for all of our stakeholders.”

Read more here.

About the Author

Beacon

Beacon

Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of roofing materials and complementary building products in North America, operating over 400 branches throughout all 50 states in the U.S. and six provinces in Canada. Beacon serves an extensive base of over 90,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. 

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