BECN - Dividend announcements

Beacon Roofing Supply, Inc. (NASDAQ:BECN) ("Beacon") announced today the pricing of $600 million aggregate principal amount of its 6.500% senior secured notes due 2030 (the "Notes") in connection with its previously announced private offering. The size of the Notes offering has been upsized from $500 million to $600 million. The Notes will be fully and unconditionally guaranteed by Beacon Sales Acquisition, Inc. The initial offering price to investors will be 100.000% of the principal amount thereof. The offering is expected to close on July 31, 2023, subject to customary closing conditions. Beacon intends to use the net proceeds from the offering, together with cash on hand and availab

Beacon Roofing Supply, Inc. (NASDAQ:BECN) ("Beacon") announced today the commencement of a private offering of $500.0 million aggregate principal amount of senior secured notes due 2030 (the "Notes"). The Notes will be fully and unconditionally guaranteed by Beacon Sales Acquisition, Inc. The offering is subject to market and other conditions, and there is no assurance that the offering will be completed or, if completed, as to the terms on which it will be completed. Beacon intends to use the net proceeds from the offering, together with cash on hand and available borrowings under its senior secured asset-based revolving (ABL) credit facility, to (i) consummate the previously announced r

Strong execution and favorable residential trends drove record second quarter net sales, seasonally strong net income (loss), and record Adjusted EBITDA, from continuing operations Second quarter net sales leveraged attractive residential demand, while gross margins benefited from healthy pricing environment and favorable mix Successful divestiture of Interior Products business sharpens management focus on growth in core exteriors business Accretive refinancing transactions in Q3 will result in improved balance sheet strength, enhanced flexibility and lower cash interest costs Beacon (NASDAQ:BECN) (the "Company") announced results today for its second quarter and six-month period e

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced results today for its first quarter ended December 31, 2020 (“2021”). First Quarter Financial Highlights   CONTINUING OPERATIONS   Q1 2021   Q1 2020 (Unaudited; $ in millions, except per share amounts)               Net sales $ 1,576.5     $ 1,415.3   Gross profit $ 399.7     $ 340.1   Gross margin %   25.4 %     24.0 %                 Operating expense $ 304.6     $ 321.1   % of net sales   19.3 %     22.7