Financial Performance - Q2 2025 - Sales decreased by 50% to $1297403000 compared to the three months ended June 30 2024[8] - Adjusted Operating Profit decreased by 73% to $220651000[8] - Adjusted Operating Margin was 170% a decrease of 40 bps[8] - Adjusted EBITDA Margin was 201% a decrease of 20 bps[8] Segment Performance - Installation - Installation sales decreased by 83% to $780678000[12] - Installation Adjusted Operating Profit decreased by 96% to $154541000[12] - Installation Adjusted Operating Margin was 198% a decrease of 30 bps[12] - Installation Adjusted EBITDA Margin was 223%[12] Segment Performance - Specialty Distribution - Specialty Distribution sales increased by 11% to $599184000[16] - Specialty Distribution Adjusted Operating Profit decreased by 22% to $87429000[16] - Specialty Distribution Adjusted Operating Margin was 146% a decrease of 50 bps[16] - Specialty Distribution Adjusted EBITDA Margin was 172% a decrease of 50 bps[16] Capital Allocation and Outlook - The company completed the Progressive Roofing acquisition adding approximately $438 million in annual revenue[7] - The company returned $1360 million in capital to shareholders in Q2 2025[25] - The company estimates sales of $5150 million to $5350 million and adjusted EBITDA of $970 million to $1070 million for 2025[34]