Beacon Roofing Supply Named to Fortune 500
June 14 2019 - 1:06PM
Business Wire
Beacon Roofing Supply, Inc. (Nasdaq: BECN)(“Beacon” or the
“Company”) announced today that it was named to the 2019 Fortune
500, published by Fortune Magazine in June of each year. This is
Beacon’s debut appearance in the Fortune 500, where it ranked as
No. 464 among all companies included in the survey.
“Being named to the Fortune 500 is a significant milestone,”
said Paul Isabella, Beacon’s President and CEO. “Our position as
one of the 500 largest companies in the United States is a
testament to our ability to execute our growth plans, both
organically and as our industry’s leader in strategic acquisitions.
This prestigious achievement is only a beginning for us, as we
expect to ascend closer to the top of the Fortune 500 each year
through our proven growth initiatives and industry-leading
innovations like Beacon Pro+.”
The Fortune 500 ranks the 500 largest U.S. corporations by total
revenue for their respective fiscal years. The 2019 list reflects
annual results for the most recent fiscal year ending prior to
January 31, 2019. According to Fortune, “Companies are ranked by
total revenues for their respective fiscal years. Included in the
survey are companies that are incorporated in the U.S. and operate
in the U.S. and file financial statements with a government agency.
This includes private companies and cooperatives that file a 10-K
or a comparable financial statement with a government agency, and
mutual insurance companies that file with state regulators.”
“Becoming part of the Fortune 500 speaks to the enduring passion
and dedication of our employees, and our commitment to helping our
hardworking customers save time and grow their businesses,” said
Eric Swank, the Company’s COO. “The energy and momentum from this
achievement will continue to drive us towards our exciting
future.”
About Beacon Roofing
Supply
Founded in 1928, Beacon Roofing Supply is the largest publicly
traded distributor of residential and commercial roofing materials
and complementary building products in North America, operating
over 500 branches throughout all 50 states in the U.S. and 6
provinces in Canada. Beacon serves an extensive base of over
100,000 customers, utilizing its vast branch network and diverse
service offerings to provide high-quality products and support
throughout the entire business lifecycle. Beacon also 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. A Fortune 500 company, Beacon’s
stock is traded on the Nasdaq Global Select Market under the ticker
symbol BECN. To learn more about Beacon and its brands, please
visit www.becn.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190614005429/en/
Beacon Roofing Supply, Inc.Joseph Nowicki, Executive VP &
CFO571-323-3939JNowicki@becn.com
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