Goldman Sachs increased its Beacon Roofing Supply shares by 11.6% in Q4, owning 602,287 shares worth $52.4M. Despite a "hold" rating from StockNews.com, other investors and analysts remain confident.

Beacon announced that Brooke Laizure, owner of Whirlwind Roofing & Construction, won the 2024 North American Female Roofing Professional of the Year, recognizing her dedication to the roofing industry and community empowerment.

Beacon released its 2023 Corporate Social Responsibility Report, highlighting its commitment to environmental and social issues, progress in reducing emissions, enhancing safety, and investing in employees and communities.

National Roofing Week 2024 is underway and we are keeping up with what roofing contractors, manufacturers and distributors are posting on social media to show their pride in the roofing and construction industry.

In its fourth year, Beacon's 2024 'North American Female Roofing Professional of the Year' voting is now open. The winner will receive $10,000, and four finalists will each receive $1,000 for professional development.

Last week, the National Roofing Contractors Association convened its annual "Roofing Day" in Washington, D.C., uniting industry stakeholders for advocacy. With record-breaking attendance and meetings, the focus was on pressing policies impacting the $50.6 billion domestic roofing market. 

Beacon expands its presence by acquiring General Siding Supply, adding branches in Nebraska, Iowa, and North Dakota, and enhancing its product offerings and branch network.

The two new Beacon locations will serve residential and commercial roofing contractors in the northern U.S. and southeastern Canada.