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Home Depot's SRS subsidiary acquired GMS for $4.3 billion to strengthen its penetration in the professional market with ...
Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little ...
GMS shares were up more than 11%, while Home Depots' rose slightly in early trading. Home Depot subsidiary SRS distribution will buy all shares of GMS for $110, as part of the deal, the company said.
Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...
Home Depot makes a major pro contractor play by acquiring GMS for $5.5B Jun. 30, 2025 8:17 AM ET GMS Inc. (GMS) Stock, HD Stock LOW, QXO By: Clark Schultz, SA News Editor 3 Comments Play (3min) ...
Home Depot & GMS Outlook Based on Zacks' estimates, GMS’s total sales are expected to be virtually flat in its current fiscal year 2026 but are projected to rise 3% in FY27 to $5.68 billion.
Home Depot has won a bidding war for GMS, striking a deal to buy the building-products distributor for $4.3 billion, or $5.5 billion including debt. A subsidiary of Home Depot's SRS Distribution ...
GMS had been Jacobs’ latest target; he offered $5 billion in cash for the firm last week and threatened a hostile takeover if the bid was rejected. Home Depot ultimately topped that bid.
Home Depot had been rumored to be sniffing around GMS once QXO's offer was made public, so GMS stock didn't experience that dramatic a pop -- its near-13% rise this week was basically the upside after ...
We recently published As Wall Street Roars, These 10 Stocks Outshine. GMS Inc. (NYSE:GMS) is one of last week’s top ...
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