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August 11, 2014 by
Mr HomeBuilder
Emergency Roof Repairs Cost Adelaide - Phone AdelaideRoofRepairscom at 08) 7100 1655
http://adelaideroofrepairs.com Roof Repairs in Adelaide AdelaideRoofRepairs.com is ready to assist you with any and all your roofing in Adelaide wants. We are able to provide you with a number...
By: Robert Roofer
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Emergency Roof Repairs Cost Adelaide - Phone AdelaideRoofRepairscom at 08) 7100 1655 - Video
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August 11, 2014 by
Mr HomeBuilder
Honolulu Roofing Contractors Call Now 808 3776572 Honolulu Roofing Contractors
http://roofinghawaii.org/honolulu-roofing-contractors/ Honolulu Roofing Contractors Call Now 808 3776572 Honolulu Roofing Contractors When it concerns roofing troubles it can be both challenging...
By: Jim Manu
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Honolulu Roofing Contractors Call Now 808 3776572 Honolulu Roofing Contractors - Video
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August 11, 2014 by
Mr HomeBuilder
Roofing Contractors of Vermont (802) 891-4840 VT Roofing
http://roofingcontractorsvermont.com (802) 891-4840 Roofing Contractors of Vermont (802) 891-4840 VT Roofing Roof Replacements, Roof Repairs, Shingle Roof Replacements, Standing Seam Metal...
By: VermontRoofing
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Roofing Contractors of Vermont (802) 891-4840 VT Roofing - Video
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August 11, 2014 by
Mr HomeBuilder
Beacon Roofing Supply, Inc. ( BECN ) reported earnings per share of 54 cents in the third quarter of fiscal 2014 (ended Jun 30, 2014), a 2% year-over-year decline, on May 9. Earnings also fell short of the Zacks Consensus Estimate of 59 cents. Lower gross margins from reduced selling prices due to weak demand and a continued unfavorable shift in sales mix to lower margin direct shipment and commercial business resulted in the year-over-year decline in earnings. However, this marked a significant turnaround from the loss per share of 25 cents recorded in the second quarter of fiscal 2014.
Beacon Roofing Supply, Inc - Earnings Surprise | FindTheBest
Operational Update
Total revenue increased 6% year over year to a record $663 million but lagged the Zacks Consensus Estimate of $665 million. Non-residential roofing product sales increased 9.7% followed by a 6.4% rise in complementary product sales while residential roofing products sales went up 2.7%.
Cost of goods sold went up 7% year over year to $512 million. Gross profit was $151 million, compared with $147 million in the year-ago quarter. Gross margin contracted 80 basis points (bps) from the prior-year quarter to 22.7% primarily due to continued price pressure along with increased mix of commercial and direct ship business that typically carry lower margins.
Operating expenses for the quarter increased 6% year over year to $105 million. However, as a percentage of sales, operating expenses remained flat at 15.8% due to continued cost controls and sales base growth despite the company investing $5 million in new stores to expand its footprint in the existing as well as new markets. The company posted an operating profit of $46 million, down 4% from $48 million in the prior-year quarter.
Financial Position
As of Jun 30, 2014, Beacon Roofing had cash and cash equivalents of $26 million, flat compared with Jun 30, 2013. Total debt was $227 million as of Jun 30, 2014 against $225 million as of Jun 30, 2013. The debt-to-capitalization ratio was at 27% as of Jun 30, 2014, flat with Jun 30, 2013, figure.
Cash used in operations was $47 million for the nine-month period ended Jun 30, 2014, compared with cash inflow of $49 million in the prior-year comparable period. This was due to seasonal increases in accounts receivable balances driven by increased sales during the third quarter of 2014, as well as increased inventory levels.
2014 Outlook
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Beacon Roofing Misses Q3 Earnings on Lower Gross Margin - Analyst Blog
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August 11, 2014 by
Mr HomeBuilder
MGN Online
TOPEKA, Kan. -- More than 1,000 roofing contractors registered to do business in Kansas in the first 14 months of the new Roofing Contractor Registration Act.
The attorney generals office issued its 1,000th roofing registration certificate last week. But some roofers that initially registered have failed to renew their registration as required by law.
While more than 1,000 registrations have been approved, the number of actively registered roofers who may lawfully do business in Kansas now stands at 926.
When considering roofing work on a home or business, it is important that consumers make sure their roofing contractor is properly registered before signing any contract or having any work done, Attorney General Derek Schmidt said. Consumers should request a copy of their roofers registration certificate and then should check our consumer protection website to confirm that the registration remains active.
The requirement to register with the attorney generals office is in addition to any other local requirements that may be imposed by cities or counties.
The online directory of registrations can be found by CLICKING HERE
The attorney general requests that Kansans promptly report any unregistered person or company attempting to sell roofing services.
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More Than 1,000 Roofers Register With Kansas AG's Office
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August 11, 2014 by
Mr HomeBuilder
KANSAS CITY, KAN. ----- More than 1,000 roofing contractors registered to do business in Kansas in the first 14 months of the new Roofing Contractor Registration Act, Kansas Attorney General Derek Schmidt said today.
The attorney generals office issued its 1,000th roofing registration certificate last week. Some roofers that initially registered have failed to renew their registration as required by law; consequently, while more than 1,000 registrations have been approved, the number of actively registered roofers who may lawfully do business in Kansas now stands at 926.
When considering roofing work on a home or business, it is important that consumers make sure their roofing contractor is properly registered before signing any contract or having any work done, Schmidt said. Consumers should request a copy of their roofers registration certificate and then should check our consumer protection website to confirm that the registration remains active.
The requirement to register with the attorney generals office is in addition to any other local requirements that may be imposed by cities or counties. The online directory of registrations is available at http://www.InYourCornerKansas.org.
The Kansas Roofing Contractor Registration Act was passed during the 2013 legislative session and took effect July 1, 2013.
With few exceptions, the law requires roofing contractors to obtain a registration certificate from the Kansas Attorney General in order to legally provide commercial or residential roofing services for a fee in Kansas.
It is designed to ensure that legitimate roofing contractors are complying with state requirements, such as carrying appropriate insurance, and to help prevent fly-by-night operators from taking advantage of Kansas consumers.
Any Kansans who have problems with roofing contractors may file a request for the attorney generals Consumer Protection Division to investigate at (800) 432-2310 or http://www.InYourCornerKansas.org.
The attorney general requests that Kansans promptly report any unregistered person or company attempting to sell roofing services.
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Schmidt: Roofer registration tops 1,000
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August 11, 2014 by
Mr HomeBuilder
Merced City School maintenance worker Steve Guzman spreads wood chips evenly over the playground with a rake, at Sheehy Elementary School in Merced on Wednesday (8-6-14). CHRISTOPHERWINTERFELDTcwinterfeldt@mercedsun-star.com
The laundry list of summer tasks to get Merced schools ready for the new school year is still long, but maintenance crews have been steadily whittling it down.
The end result will be worth all the turmoil and work when students return Aug. 18, said Ken Testa, director of facilities for the Merced City School District.
Testa said the 18-member roving maintenance crew is like a football team in the middle of intense double days practice in the hot summer sun right now.
It is challenging but were doing it as a team, Testa said. They know game time is coming. The payoff is when things are clean, mowed, painted and theyre ready.
The districts summer projects list at 20 sites throughout the Merced area includes painting the exterior of Charles Wright Elementary School, reroofing Alicia Reyes Elementary School, resurfacing about 25 ramps leading up to portables at various schools and replacing carpets in 16 classrooms districtwide.
Crews also were installing 85 security screens on classroom windows and adding or updating security motion detectors in most classrooms districtwide.
Fencing around Franklin Elementary School and the Community Day School also is being replaced. The Student and Family Services Center near Clark Preschool also was repainted.
Maintenance crews have installed more than 700 yards of playground fall-safe materials and more than 21 tons of rubber nuggets in playground areas.
They also are completing the installation of Chromebook carts and computers in all third- through eighth-grade classrooms and replacing XP computers at all sites throughout the district, according to Greg Spicer, associate superintendent for administrative services.
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Roofing, repainting, floor refurbishing part of summer school maintenance
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August 11, 2014 by
Mr HomeBuilder
Double Hung Replacement Windows Walnut Creek TX | (512) 900-8121
Double Hung Replacement Windows Walnut Creek TX | (512) 900-8121 http://zenwindowsaustin.com/doors/front-door/ No Salesman in your home. Window Quotes in 5 Minutes. Replacement Windows in...
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Double Hung Replacement Windows Walnut Creek TX | (512) 900-8121 - Video
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August 11, 2014 by
Mr HomeBuilder
Washington, DC (PRWEB) August 11, 2014
As part of an elite group, Maryland-based window company, Window Nation has ranked No. 30 on Qualified Remodelers Top 500 List in the nation this year.
The 2014 Qualified Remodeler Top 500 is a list of the nation's largest remodeling firms ranked by annual revenue. The Top 500 program is a third-party verified analysis of the financial performance of remodeling firms throughout the country.
More than 50,000 invitations are sent annually to apply for the Qualified Remodelers exclusive annual list. After returned applications are analyzed and verified by editorial staff and checked through public records, websites and other sources, 500 remain. Window Nation placed 30th on the list.
Remodeling firms representing nearly every state in the country were selected for the Top 500 Remodelers, the home building industrys top recognition program by Qualified Remodeler magazine, the largest and oldest audited magazine in the trade.
We work hard to ensure our service is up to par in every single area; customer satisfaction on every job, participating in industry events, staying up to date on trends, and making sure our certifications are always up to date, says Harley Magden, CEO of Window Nation.
Qualified Remodelers Top 500, the original ranking of the remodeling industrys top-tier firms, recognizes remodelers for significant and sustained success based on:
About Window Nation Ranked as the 12th largest remodeler in the USA (by Replacement Contractor Magazine,) Window Nation sells and installs premium replacement windows, doors and siding to residential homeowners in Maryland, Northern Virginia, Northeast Ohio, Delaware, Pennsylvania and New Jersey. With over 15 brands and hundreds of window options, the company takes great pride in the 180,000+ window installations that it completed last year in Maryland, Washington DC, Northern Virginia, and Ohio. Learn more about Window Nation at http://www.windownation.com. Maryland-based window company.
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Window Nation Ranks No. 30 on Qualified Remodelers Top 500 List 2014
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August 11, 2014 by
Mr HomeBuilder
The Gunners boss praised the attitude of Thomas Vermaelen and says it will be difficult to find a quality replacement in the transfer window.
The Spaniard helped guide the Gunners to a comprehensive 3-0 win over Premier League champion Manchester City in the Community Shield and has been handed the armband for the forthcoming season, with Per Mertesacker as his deputy.
Arteta, 32, is entering his third full season at the Emirates and previously captained Everton under David Moyes.
Asked who would take over from Vermaelen as club captain, Wenger said: "Arteta will be captain and Mertesacker vice captain."
MORE: Biggest summer transfers | Soccer's beautiful fans | WAGs
Outgoing skipper Vermaelen joined Luis Enrique's Barca for 19 million euros Saturday, bringing an end to his five-year association with Arsenal.
Wenger had nothing but praise for the 28-year-old, adding: "I allowed Thomas Vermaelen to leave before the end of the season. He was not playing regularly, he behaved outstandingly and with dignity. Its difficult to keep that kind of player at the top level if he doesnt play regularly."
Wenger will look to find a replacement for Vermaelen in the transfer market but says it will not be easy to sign a quality defender before the window closes at the end of the month.
The Arsenal boss also considers new signing Calum Chambers as a natural center back and was hugely impressed with the 19-year-old's display against City.
"You look at Vermaelen, there were two huge clubs in for him and they had a look and could not find anybody better," Wenger added. "If I can find another one I will do it but it is not easy to find. Maybe a guy who can play in two or three different positions will be better for us.
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Wenger: Arteta new Arsenal captain
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