QXO is positioned as Brad Jacobs' latest platform for large-scale M&A-driven growth in the building materials distribution industry. Jacobs' proven track record in consolidating fragmented industries and driving operational efficiencies underpins the investment thesis for QXO. Recent acquisitions, including Beacon Roofing Supply, and disciplined capital allocation highlight QXO's aggressive yet...
QXO a tech-oriented building materials distributor, is up by 21% YTD, outperforming its peers from the Russell 1000 by 2.4x. While M&A will still be the main driver of this story, QXO management, which has ample skin in the game, has shown good discipline, in the management of capital. Organically, QXO is also showing signs of progress with current EBITDA margins already better than the industr...
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (“QXO” or the “Company”) (NYSE: QXO) today announced its financial results for the second quarter 2025. The Company reported a basic and diluted loss per common share of $(0.15) and an Adjusted Diluted Earnings per Common Share (“Adjusted Diluted EPS”), a non-GAAP financial measure, of $0.11 for the three months ended June 30, 2025. SECOND QUARTER ...
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) today announced that Michael DeWitt has been appointed chief procurement officer, effective immediately. DeWitt will lead the company's procurement transformation as QXO scales to become the tech-enabled leader in the $800 billion building products distribution industry. DeWitt joins QXO after eight years as vice president of internationa...
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) today announced that Eric Nelson has been appointed chief information officer, effective July 14. Nelson will execute the company's IT roadmap as QXO becomes the tech-enabled leader in the $800 billion building products distribution industry. Nelson joins QXO from The Kraft Heinz Company, where he spent a decade in senior technology roles...
Key Points in This Article: Finding stocks to buy with $1,000 can be challenging in a market hitting new all-time highs.
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