QXO expects Beacon acquisition to close by end of April; files Beacon audited FY2024 financials

QXO, Inc.

Acquisition expected to close at or near end of April 2025, subject to majority of Beacon shares tendered and other closing conditions.
Beacon FY2024 net sales $9.76B, net income $361.7M, diluted EPS $5.68.
Beacon total assets $6.95B, total liabilities $4.96B, long-term debt net $2.48B as of Dec 31, 2024.
Unaudited pro forma combined financial statements for QXO and Beacon also filed as Exhibit 99.2.

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