GMS Inc is a leading distributor of building materials, specializing in gypsum wallboard, acoustical ceiling tiles, and other related products for commercial and residential construction
The company serves a diverse customer base, including contractors, builders, and construction supply companies, offering an extensive range of products that support a variety of construction projects. In addition to distribution, GMS Inc provides value-added services such as logistics and inventory management, helping customers streamline their operations and enhance project efficiency. With a strong network of locations across the United States and a commitment to quality and customer satisfaction, GMS Inc plays a vital role in the construction supply chain.
Shares of building materials distributor GMS (NYSEGMS) fell 11.6% in the morning session after the company reported weak third-quarter (fiscal 2025) results: Revenue missed, and EBITDA didn't live up to Wall Street's expectations either. The company recorded a 6.7% drop in organic net sales, thanks to sluggish demand in residential and commercial construction, plus lower steel prices.
Despite these challenges, the company managed to keep overall net sales flat year over year, helped by recent acquisitions and strength in ceilings product sales.
Still, this was a weaker quarter.
Building materials distributor GMS (NYSEGMS) fell short of the market’s revenue expectations in Q4 CY2024, with sales flat year on year at $1.26 billion. Its non-GAAP profit of $0.92 per share was 34.1% below analysts’ consensus estimates.
GMS Inc. (NYSEGMS), a leading North American specialty building products distributor, today reported financial results for the fiscal third quarter ended January 31, 2025.
GMS Inc. (NYSEGMS) (the “Company”), a leading North American specialty distributor of building products, announced today that it will release its financial results for its fiscal third quarter ended January 31, 2025 before the market opens on the New York Stock Exchange on Thursday, March 6, 2025. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session.
Over the last six months, GMS’s shares have sunk to $84.32, producing a disappointing 9.4% loss - a stark contrast to the S&P 500’s 7.7% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the industrial distributors industry, including GMS (NYSEGMS) and its peers.
Building materials distributor GMS (NYSEGMS) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 3.5% year on year to $1.47 billion. Its non-GAAP profit of $2.02 per share was 7.8% below analysts’ consensus estimates.
GMS Inc. (NYSEGMS), a leading North American specialty building products distributor, today reported financial results for the fiscal second quarter ended October 31, 2024.
GMS Inc. (NYSEGMS) (the “Company”), a leading North American specialty distributor of building products, announced today that it will release its financial results for its fiscal second quarter ended October 31, 2024 before the market opens on the New York Stock Exchange on Thursday, December 5, 2024. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session.
GMS Inc. (NYSEGMS), a leading North American specialty building products distributor, today reported financial results for the fiscal first quarter ended July 31, 2024.
GMS Inc. (NYSEGMS), a leading North American specialty building products distributor, announced today that it will participate in the following upcoming investor conferences:
GMS Inc. (NYSEGMS) (the “Company”), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter ended July 31, 2024 before the market opens on the New York Stock Exchange on Thursday, August 29, 2024. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session.
GMS Inc. (NYSEGMS), a leading North American specialty building products distributor, today announced the successful completion of its previously disclosed acquisition of Yvon Building Supply Inc. together with its affiliates, Yvon Insulation Corporation, Yvon Insulation Windsor, Laminated Glass Technologies, Inc., and Right Fit Foam Insulation Ltd. (collectively “Yvon”), a leading distributor of building supplies in the Ontario, Canada market.
