Beacon (Nasdaq: BECN), Herndon, Va., roofing and building materials distributor reported fourth-quarter 2024 sales were $2.4 billion, an increase of 4.5% from the prior-year period. Profit was $83.6 million.
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Full-year sales were $9.76 billion, up 7.1% from 2023. Full-year profit for 2024 was $361.7 million, compared with $435 million in the prior year.
For the year ending Dec. 31, 2024, residential roofing product sales increased 3.9%, non-residential roofing product sales increased 11.6% and complementary product sales increased 8.9%.
Beacon also announced the addition of four greenfield service branches in Indiana, Wisconsin, Florida and Texas to better serve residential and non-residential roofing customers.
Beacon operates over 580 branches throughout all 50 U.S. states and seven provinces in Canada.
