Just 50 days after closing on its $11 billion purchase of Beacon, QXO is back in pursuit mode.
GMS reported lower fourth-quarter results amid soft market conditions, with strength in Ceilings and Complementary Products more than offset by declines in Wallboard and Steel.
A trio of prominent financial services firms provided aggressive price targets for QXO when initiating their analyst coverage. See where they’re expecting that stock to go to, and what’s driving their outlook for it.
Our highly anticipated annual feature is now available to view and download. Explore our 20 different lists to see distribution’s biggest movers and shakers.
The company spelled out specifics on the changes Beacon will undergo in the months ahead to align with QXO’s aggressive vision to achieve significant organic growth.
QXO and Beacon frequented MDM’s headlines during the first five months of 2025, culminating with QXO’s $11 billion purchase of the distributor. With the landmark deal now completed, Craig Webb and Mike Hockett analyze how...
Four planned Colorado locations have been designed to work in conjunction to offer a comprehensive range of products and services in the region.
The landmark acquisition cements QXO’s presence as a major building materials distributor, and it’s just getting started.
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
Lowe’s is set to acquire Artisan Design Group, which provides design, distribution and installation services for a range of products and services, including flooring, cabinets and countertops.
QXO acknowledged a rebranding in an FAQ for Beacon employees, though timing is still to be determined.
The company secured an economic development grant to expand its headquarters to Plano, TX, creating approximately 300 jobs in the region.
