Beacon Roofing Supply reported strong gains in the third quarter, with sales up 12% on a year-over-year basis and net income up 7% from 2012's $25.4 million.
Specifically, net Q3 sales came in at $627 million versus last year's $561 million. Residential and non-residential roofing products sales increased 0.2% and 1.1%, respectively, in existing markets. Complementary product sales rose 5.2%.
Net income came in at $27.2 million, despite a company statement that Q3 performance was adversely affected by heavy rains and fewer hail storms.