Gms INC

The Home Depot, Inc. has finalized its acquisition of GMS Inc., with GMS becoming a wholly owned subsidiary and its shares delisted from the NYSE.

GMS Inc. announced its first quarter fiscal 2026 financial results, showing declines in net sales and net income, though consistent with expectations, while incurring costs for a pending merger with The Home Depot.

GMS Inc.'s subsidiary, GYP Holdings III Corp., has issued a conditional notice to redeem all outstanding 4.625% Senior Notes due 2029, contingent upon the consummation of its acquisition by The Home Depot, Inc.

GMS Inc. has entered into a definitive agreement to be acquired by The Home Depot's subsidiary, SRS Distribution, for $110.00 per share in cash, valuing the company at approximately $5.5 billion including net debt.

GMS Inc. confirmed it has received an unsolicited proposal from QXO, Inc. to acquire all outstanding shares for $95.20 per share in cash, which its Board will review.

GMS Inc. reported mixed financial results for Q4 and Full Year FY2025, marked by significant cost reductions, strategic acquisitions, and strong cash flow generation amidst persistent macroeconomic headwinds.

GMS Inc. reported a 2.4% decrease in net sales and a 23.9% drop in net income for the first quarter, while progressing towards its acquisition by The Home Depot for $110.00 per share.

GMS Inc.'s Q3 2025 results reveal a slight revenue increase offset by a net loss due to market challenges and a significant goodwill impairment charge.

GMS Inc. experienced a decrease in net income despite a slight increase in net sales during the second quarter of fiscal year 2025, influenced by market headwinds and strategic acquisitions.

GMS Inc. saw a slight increase in net sales but a decrease in net income for the first quarter of fiscal year 2025, reflecting a complex interplay of market conditions and strategic initiatives.

GMS Inc. experienced a slight increase in net sales but a decrease in net income for the third quarter of fiscal year 2024, reflecting a complex interplay of market conditions and strategic initiatives.

GMS Inc. filed an amended annual report, revealing a definitive merger agreement with The Home Depot, Inc. and providing updated executive compensation and corporate governance details.

GMS Inc. announced a substantial 58.2% decrease in net income and an 18.6% drop in Adjusted EBITDA for fiscal year 2025, primarily due to softening market demand, deflationary pricing in steel framing, and a $42.5 million goodwill impairment charge, despite a slight increase in net sales driven by strategic acquisitions.

GMS Inc. reports a 3.2% increase in net sales for fiscal year 2024, driven by acquisitions and strong multi-family construction, while facing challenges in steel pricing and single-family demand.

GMS Inc. President and CEO, John C. Turner Jr., converted his common stock, restricted stock units, and stock options into cash following the completion of the merger with The Home Depot, Inc. at $110 per share.

GMS Inc.'s Chief Operating Officer, George T. Hendren, disposed of all GMS common stock, restricted stock units, and stock options following the company's acquisition by The Home Depot, Inc. at $110 per share.

GMS Inc.'s Chief Human Resources Officer, Leigh R. Dobbs, disposed of all common stock, restricted stock units, and stock options following the company's acquisition by The Home Depot, Inc. for $110 per share.

GMS Inc. Chief Financial Officer Scott M. Deakin reported the disposition of common stock, restricted stock units, and stock options following the company's acquisition by The Home Depot, Inc. at $110 per share.

GMS Inc.'s VP, Chief Accounting Officer, William Forrest Bell, disposed of all his common stock, restricted stock units, and stock options following the company's acquisition by The Home Depot for $110.00 per share.

GMS Inc. SVP and General Counsel Craig D. Apolinsky disposed of all his common stock, restricted stock units, and stock options following the acquisition by The Home Depot, Inc. for $110 per share.

GMS Inc.'s proxy statement outlines proposals for the upcoming annual meeting, including director elections, auditor ratification, and an advisory vote on executive compensation.

Dimensional Fund Advisors LP filed an amendment to Schedule 13G, reporting zero beneficial ownership in GMS Inc. common stock as of September 30, 2025.

FMR LLC and Abigail P. Johnson filed an Amendment No. 3 to Schedule 13G, disclosing a continued beneficial ownership of 3.6% of GMS INC common stock as of August 29, 2025.

BlackRock, Inc. has filed an Amendment No. 8 to its Schedule 13G, disclosing a 14.4% passive beneficial ownership stake in GMS Inc. common stock.

Dimensional Fund Advisors LP has filed an amended Schedule 13G, reporting a 5.2% beneficial ownership stake in GMS Inc. as of June 30, 2025.

FMR LLC and its affiliates, along with Abigail P. Johnson, have disclosed a beneficial ownership of 9.1% in GMS Inc.'s common stock, held in the ordinary course of business.

Coliseum Capital Management, LLC and its affiliated entities, along with Adam Gray and Christopher Shackelton, have disclosed a beneficial ownership of 9.96% in GMS Inc., totaling 3,825,151 shares of common stock.