Items Tagged with 'quarterly report'

Second-quarter survey finds commercial reroofing inquiries and contracts expanding while steep-slope activity remains in contraction territory

U.S. shingle shipments slipped through midyear as single-family construction weakened, while modified bitumen gained amid stronger commercial and industrial activity.

Home Depot reported higher first-quarter sales and modest comparable sales growth as it reaffirmed its fiscal 2026 outlook amid ongoing housing market pressure.

Owens Corning reported lower first-quarter roofing sales and earnings amid softer housing and remodeling activity but maintained its second-quarter outlook.

TopBuild’s Q1 results show commercial demand offsetting weak housing, as the company prepares to combine with QXO and expand its reach in roofing and building products.

AD’s Q1 performance suggests solid upstream activity for roofing, with demand supporting backlog but raising concerns about pricing and material availability.

U.S. asphalt shingle shipments dropped double digits in Q1 2026, with all major roofing categories declining year over year as construction demand softens and costs climb sharply.

QXO’s fourth-quarter results matched expectations, but analysts say investors are focused on the company’s acquisition strategy as the Kodiak deal nears closing and more deals loom.

Amrize cited soft residential roofing and stronger commercial repair work, forecasting flat residential volumes and modest commercial growth in 2026.

The National Roofing Contractors Association is encouraging contractors, consultants and manufacturers to take part in the latest Quarterly Market Index Survey for Reroofing, which measures business conditions during the fourth quarter of 2025.