Welcome to our dedicated page for Topbuild news (Ticker: BLD), a resource for investors and traders seeking the latest updates and insights on Topbuild stock.
TopBuild Corp. (NYSE: BLD) is an installer and specialty distributor of insulation, commercial roofing, and related building products serving the construction industry in the United States and Canada. Company news frequently highlights developments in its Installation Services and Specialty Distribution segments, as well as its capital allocation and acquisition activity.
Visitors to this TopBuild news page can review company-issued press releases and third-party coverage related to quarterly earnings results, guidance updates, and Investor Day presentations. Recent announcements have described sales performance, adjusted EBITDA margins, and updated full-year outlooks, along with management commentary on demand trends across residential, commercial, and industrial end markets.
News flow for BLD also includes acquisition announcements in insulation, mechanical insulation, and commercial roofing. Examples in recent disclosures include the acquisition of Progressive Roofing, which management describes as establishing a new platform for growth in commercial roofing, and the acquisition of Specialty Products and Insulation (SPI), characterized as reinforcing TopBuild’s position in specialty distribution and expanding its mechanical insulation fabrication capabilities. Additional releases cover smaller acquisitions in insulation accessories and mechanical insulation products.
Capital markets updates are another recurring theme. TopBuild has issued press releases about the launch, pricing, and completion of a private offering of senior notes due 2034, with related Form 8-K filings describing the terms of the notes, guarantees, and covenants. Share repurchase activity and capital allocation priorities are also discussed in earnings releases.
For investors and analysts tracking BLD news, this page provides a centralized view of earnings announcements, guidance changes, acquisition activity, Investor Day events, and financing transactions. It offers a way to follow how TopBuild communicates its operating performance, growth strategy in insulation and commercial roofing, and use of capital across its U.S. and Canadian operations.
TopBuild Corp. (NYSE:BLD) announced that Robert Buck, President and CEO, and Rob Kuhns, CFO, will present at the Jefferies 2022 Global Industrials Conference on August 9, 2020, at 2:00 p.m. Eastern Time. The 25-minute presentation will be available via live webcast. A replay will be accessible one hour post-presentation. TopBuild, headquartered in Daytona Beach, Florida, is a major installer and distributor of insulation and building materials across the U.S. and Canada, operating about 230 branches nationwide.
TopBuild Corp. (NYSE:BLD) reported robust Q2 2022 financial results, with sales soaring by 52.7% to $1.3 billion and net income increasing by 59.0% to $143.7 million. Adjusted EBITDA margin improved 100 basis points to 19.0%. The company is on track to achieve $35 million to $40 million in synergies from its recent DI integration. With continued strong demand across all service areas, TopBuild forecasts 2022 sales between $4.8 billion and $4.9 billion, and adjusted EBITDA of $860 million to $900 million.
TopBuild Corp. (NYSE:BLD) will release its second quarter 2022 financial results on August 2, 2022, prior to 7:00 a.m. Eastern time. A conference call will follow at 9:00 a.m. the same day to discuss these results. This leading installer and distributor of insulation and building materials operates approximately 235 branches across the U.S. and Canada. Interested parties can join the live call by calling (877) 407-9037 or access the webcast on the Company’s website.
TopBuild Corp. (NYSE:BLD) hosted an Investor Day on May 26, 2022, in New York City, where senior management outlined key business drivers and long-term growth strategies. The event introduced ambitious financial objectives for 2025, focusing on innovative products, technology, sustainability, and capital allocation. Both live and webcast attendees had opportunities for interaction during Q&A sessions. With a wide distribution network of approximately 410 branches across the U.S. and Canada, TopBuild is poised for continued growth in the insulation and building materials sector.
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TopBuild Corp. (NYSE: BLD) announced that CFO Rob Kuhns will participate in a virtual fireside chat at J.P. Morgan’s Homebuilding and Building Products Conference on May 17, 2022, at 2:00 p.m. ET. The 35-minute presentation will be available via webcast, with access details available on TopBuild’s Investor Relations website.
TopBuild is a leading installer and distributor of insulation and building materials in the U.S. and Canada, with approximately 235 contractor services branches and 175 specialty distribution branches nationwide.
TopBuild Corp. (NYSE:BLD) reported a strong performance for Q1 2022, with sales soaring by 57.4% to $1.2 billion. The company achieved a gross margin of 28.3%, up 170 basis points, while same branch revenue increased 18.7%. Adjusted EBITDA margin expanded by 310 basis points to 18.7%. Following this success, TopBuild raised its revenue and EBITDA outlook for the year. The company also announced a $100 million accelerated share repurchase, reflecting confidence in its business trajectory.
TopBuild Corp. (NYSE:BLD) will release its first quarter 2022 financial results on May 5, 2022, before 7:00 a.m. ET. A conference call will follow at 9:00 a.m. ET to discuss the results. The company specializes in insulation and building material products in North America and operates approximately 235 contractor services branches and 175 specialty distribution branches across the U.S. and Canada. Investors can access a live webcast of the call on the company’s website, where a replay will also be available.
TopBuild Corp. (NYSE:BLD) reported a 47.4% increase in Q4 sales, reaching $1.1 billion, with net income rising 10.7% to $78.4 million. Adjusted earnings per share stood at $3.12, a 45.1% growth. The company forecasts 2022 sales between $4.5 billion and $4.65 billion, with adjusted EBITDA guidance of $770 million to $820 million. The ongoing integration of Distribution International exceeds expectations, with projected synergies of $35 million to $40 million.
TopBuild Corp. (NYSE:BLD) has acquired Billings Insulation, a residential insulation installer operating in Montana and Northern Wyoming. This acquisition adds approximately $6.5 million in annual revenue, reinforcing TopBuild's market position. Billings Insulation has built a solid customer base over 17 years, contributing to TopBuild’s strategy of growth through acquisitions. TopBuild has notably added three residential insulation companies since November, indicating a focus on expanding its service offerings in growing markets.