Tuesday, 08 May 2007

UPDATE 1-Beacon Roofing Supply posts Q2 loss on lower sales

(Reuters) - Severe winter conditions, a flattening of inflation and slowdown in activity in the markets that experienced damages from Hurricanes Katrina and Rita, also hurt the quarter.

The company said it recorded a loss of $6.3 million, or 14 cents a share, compared with a profit of $4.8 million, or 11 cents, a year earlier. Net sales fell to $286.9 million.


Read more at Reuters.com Market News

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