Last year, Home Depot acquired SRS Distribution, a distributor for roofing firms and construction projects.
GMS shares jumped almost 12% after it was revealed it is being acquired by Home Depot Inc (NYSE:HD, ETR:HDI)'s specialty trade distribution subsidiary SRS. The deal values GMS, a leading North American distributor of specialty building products, at $4.3 billion in equity and about $5.5 billion including debt.
Home Depot's SRS Distribution unit is buying GMS, a building-products distributor, for about $4.3 billion. Home Depot is trying to attract more sales from contractors and other home professionals.
Does GMS (GMS) have what it takes to be a top stock pick for momentum investors? Let's find out.
GMS (GMS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Homebuilding supply specialist GMS Inc (NYSE:GMS) is up 30% at $104.25, after receiving two buyout bids this week.
Home Depot Inc. is looking to build up its building-products offerings, as the home-improvement retail giant has reportedly entered a battle to buy ceilings, wallboard and tools supplier GMS Inc.
Home Depot looks set to compete with QXO to acquire building-products distributor GMS.
GMS Inc. (NYSE:GMS ) Q4 2025 Earnings Conference Call June 18, 2025 8:30 AM ET Company Participants Carey Phelps - Vice President of Investor & Media Relations John C. Turner - President, CEO & Director Scott M.
While the top- and bottom-line numbers for GMS (GMS) give a sense of how the business performed in the quarter ended April 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
GMS (GMS) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.93 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for GMS (GMS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2025.