It was a superb Q2 performance for Beacon Roofing Supply Inc., especially for its ecommerce sales.
For the fiscal second quarter ended June 30, sales grew to $2.67 billion. That’s up 6.8% from Beacon Supply’s $2.50 billion within the prior 12 months’s Q2. Net income was $127.2 million. That was down from $153.8 million within the second quarter of 2023.
Beacon Roofing Q2 ecommerce sales
As in previous quarters, Beacon Roofing continues to put an emphasis on growing digital commerce.
“Within the second quarter, we grew digital sales by roughly 22% 12 months over 12 months. Digital sales to our residential customers were a highlight as we achieved our highest quarterly adoption ever at 26%,” CEO Julian Francis told analysts on an earnings call. “We proceed to speculate to strengthen our platform.”
After Q2, in late July, Beacon Roofing Supply gave contractors that use its ecommerce site a brand new tool that gives a bird’s eye view of the projects on which they’re working.
Beacon Roofing is one in every of the most important roofing material distributors. It’s partnering with EagleView, which provides aerial imagery, software, and analytics. Together, they’ll integrate EagleView’s detailed roof measurements with Beacon’s ecommerce platform.
“Just last week commenced an enhanced alliance with EagleView, a number one provider of aerial imagery, software and analytics,” he told analysts. “This collaboration makes it easier for contractors to quickly and accurately place digital orders, allowing them to run their businesses more efficiently and as such, select Beacon as their supply partner.”
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