{"schema_version":"secwatch.filing_event.v1","accession":"0001124941-24-000045","form_type":"8-K","ticker":null,"cik":"0001124941","company_name":"BEACON ROOFING SUPPLY INC","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.369642+00:00","generated_at":"2026-06-02T23:55:10.347175+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Beacon Q1 net sales record $1,912M but net income falls to $5.6M from $24.8M YoY","bullets":["Record Q1 net sales of $1,912.4M, up 10.4% from $1,732.3M YoY; organic growth across all three lines.","Net income dropped to $5.6M from $24.8M; adjusted EBITDA down to $103.1M from $113.0M.","Gross margin contracted to 24.7% from 25.5% as operating expenses rose (22.4% of sales vs 22.0%).","Acquired Smalley & Co. in April to expand specialty waterproofing; added 23 branches and 5 greenfields since Q4.","CEO cites record sales and resilient model; Ambition 2025 initiatives ongoing (digital, private label, pricing)."],"urls":{"canonical":"https://secwatch.observer/filing/0001124941-24-000045","json":"https://secwatch.observer/filing/0001124941-24-000045.json","markdown":"https://secwatch.observer/filing/0001124941-24-000045.md","text":"https://secwatch.observer/filing/0001124941-24-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1124941/000112494124000045/0001124941-24-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1124941/000112494124000045/becn-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:55:10.347175+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"83074a2c3aaa25c4137663ffb5b7530501e1c55b","claim":"BEACON ROOFING SUPPLY INC reported first quarter ended March 31, 2024 results: revenue $ 1,912.4, net income $ 5.6.","evidence_excerpt":"First Quarter Financial Highlights Three Months Ended March 31, 2024 2023 (Unaudited; $ in millions, except per share amounts) Net sales $ 1,912.4 $ 1,732.3 Gross profit $ 473.2 $ 441.9 Gross margin % 24.7 % 25.5 % Operating expense $ 428.1 $ 381.3 % of net sales 22.4 % 22.0 % Adjusted Operating Expense 1 $ 403.5 $ 356.8 % of net sales 1 21.1 % 20.6 % Net income (loss) $ 5.6 $ 24.8 % of net sales 0.3 % 1.4 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1124941/000112494124000045/0001124941-24-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$ 1,912.4"},{"label":"Net income","value":"$ 5.6"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}