Reported Earnings • May 06
First quarter 2026 earnings released: EPS: US$3.75 (vs US$4.25 in 1Q 2025) First quarter 2026 results: EPS: US$3.75 (down from US$4.25 in 1Q 2025). Revenue: US$1.45b (up 17% from 1Q 2025). Net income: US$104.8m (down 15% from 1Q 2025). Profit margin: 7.2% (down from 10.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Durables industry in South America. Board Change • Apr 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공지 • Apr 21
QXO, Inc. (NYSE:QXO) entered into a definitive agreement to acquire TopBuild Corp. (NYSE:BLD) for $14.3 billion. QXO, Inc. (NYSE:QXO) entered into a definitive agreement to acquire TopBuild Corp. (NYSE:BLD) for $14.3 billion on April 18, 2026. Under the agreement, TopBuild stockholders may elect to receive either $505 in cash or 20.2 shares of QXO common stock per share, subject to proration. Total consideration will be approximately 45% cash and 55% QXO stock, with cash capped at 45%. QXO may increase stock consideration if elections exceed 55% in shares, and its board will expand to include one TopBuild nominee. TopBuild shareholders expected to own approximately 19% of the combined company on a fully diluted basis (assuming 55% stock consideration). The transaction values each TopBuild share at $505, representing a premium of 19.8% to TopBuild’s 60-day volume-weighted average price and 23.1% to TopBuild’s closing price on April 17, 2026. The transaction will be financed through $3 billion senior secured term loan facility, $3 billion of bridge financing and the remaining will be funded from cash on hand. Following the acquisition of TopBuild, QXO will have approximately 28,000 employees, 1,150 locations across all 50 U.S. states and seven Canadian provinces, and a fleet size of more than 10,000 vehicles.
The transaction is subject to customary closing conditions, including approval by the shareholders of QXO, Inc. and TopBuild Corp., listing of new shares on the New York Stock Exchange, the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, the effectiveness of a registration statement of QXO relating to the registration under the Securities Act of 1933 and and other regulatory approvals. The transaction is not subject to any financing contingency. The acquisition is expected to close in the third quarter of 2026. The transaction has been unanimously approved by the boards of directors of QXO, Inc. and TopBuild Corp. The transaction is expected to be immediately and substantially accretive to the company’s earnings.
Morgan Stanley & Co. LLC acted as financial advisor for QXO, Inc. Barclays Capital Inc. acted as financial advisor for QXO, Inc. Wells Fargo Securities, LLC acted as financial advisor for QXO, Inc. Scott A. Barshay, Nickolas Bogdanovich and Stan Richards of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for QXO, Inc. Goldman Sachs & Co. LLC acted as financial advisor for TopBuild Corp. RBC Capital Markets, LLC acted as financial advisor for TopBuild Corp. Robert A. Profusek, Benjamin L. Stulberg and Jared P. Hasson of Jones Day acted as legal advisor for TopBuild Corp. 공지 • Apr 07
TopBuild Corp. to Report Q1, 2026 Results on May 05, 2026 TopBuild Corp. announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 05, 2026 공지 • Apr 02
TopBuild Corp. Announces Promotion of John Achille to President and Chief Operating Officer, Effective April 2, 2026 TopBuild Corp. announced that John Achille, Chief Operating Officer, has been promoted to President and Chief Operating Officer effective April 2, 2026. As President and COO, Mr. Achille will be responsible for the day-to-day operations of TopBuild’s Installation Services and Specialty Distribution businesses. He will also have responsibility for the Supply Chain organization and all growth initiatives, including Mergers and Acquisitions. Mr. Achille will continue to report to Robert Buck, CEO of TopBuild. Mr. Achille joined TopBuild in 2021 when the Company acquired American Building Systems where he served as Vice President of their Coastal Insulation business. Prior to his current role, he served as Executive Vice President of TruTeam. Prior to that, John held positions of increasing responsibility and leadership with the Company across Distribution International, Service Partners, and TruTeam. John began his career in project engineering and project management for Turner Construction and earned his Bachelor of Science degree in Civil and Environmental Engineering from Rutgers University. 공지 • Mar 18
TopBuild Corp., Annual General Meeting, Apr 27, 2026 TopBuild Corp., Annual General Meeting, Apr 27, 2026.