Gms Inc Stock Price, News & Analysis

GMS Inc. (NYSE: GMS), a North American specialty building products distributor, has received an unsolicited acquisition proposal from QXO, Inc. The offer proposes to acquire all outstanding GMS shares for $95.20 per share in cash. The GMS Board of Directors, along with their independent legal advisor Alston & Bird LLP and financial advisor Jefferies LLC, will review the proposal to determine the best course of action for the company and its shareholders. GMS has stated that no shareholder action is required at this time and the company will not provide further comments until the board completes its review of the unsolicited proposal.

QXO Inc. (NYSE: QXO) has proposed to acquire GMS Inc. (NYSE: GMS) for $95.20 per share in an all-cash transaction valued at approximately $5 billion. The offer represents a 27% premium over GMS's 60-day volume-weighted average price of $74.82. QXO's proposal highlights GMS's underperformance, including a 4.0% annual EBITDA decline over three years, missed earnings estimates, and deteriorating business metrics. The offer price represents significant premiums: 29% to GMS's May 22 stock price, 19% to analyst price targets, and 2.9x premium to GMS's historical EV/EBITDA multiple. QXO, backed by Goldman Sachs and Morgan Stanley, expects to close the deal by August 2025 and aims to become a leader in the $800 billion building products distribution industry with a target of $50 billion in annual revenues within the next decade.

GMS Inc. reported Q4 and FY2025 results showing resilient pricing despite challenging market conditions. Q4 net sales decreased 5.6% to $1.33B, with net income dropping 53.7% to $26.1M. Q4 EPS fell to $0.67 from $1.39, while Adjusted EBITDA declined to $109.8M with an 8.2% margin. For FY2025, net sales slightly increased 0.2% to $5.51B, but net income decreased 58.2% to $115.5M, including a $42.5M goodwill impairment charge. The company maintained strong cash flow with Q4 free cash flow of $183.4M and implemented $55M in annualized cost reductions. GMS completed three strategic acquisitions, opened four greenfield locations, and continued share repurchases. Net debt leverage stood at 2.4x Pro Forma Adjusted EBITDA, with available liquidity of $631.3M.

GMS Inc., a leading North American specialty building products distributor, has scheduled its fourth quarter and fiscal year 2025 earnings release for June 18, 2025, before the NYSE market opens. The company will host a conference call at 8:30 a.m. eastern time on the same day, featuring a financial results review, recent events discussion, and Q&A session. The presentation will be accessible via webcast on GMS.com under the Investors section. Participants can join via phone using domestic (877-407-3982) or international (201-493-6780) numbers. A replay will be available through July 18, 2025, using playback numbers 844-512-2921 (domestic) or 412-317-6671 (international) with passcode 13752631.

GMS Inc. (NYSE: GMS) reported its fiscal Q3 2025 results with mixed performance. Net sales reached $1.3 billion, showing a marginal increase of 0.2%, while organic net sales declined 6.7%. The company reported a net loss of $21.4 million ($0.55 per diluted share), including a $42.5 million non-cash goodwill impairment charge, down from net income of $51.9 million in the previous year.

Key metrics showed declining trends: Adjusted EBITDA fell 27.3% to $93.0 million, while cash from operations decreased to $94.1 million. The company's net debt leverage increased to 2.4 times from 1.5 times year-over-year. In response to market challenges, GMS is implementing additional cost reductions of $20 million annually, bringing total annualized savings to $50 million.

Product category performance varied: Wallboard sales decreased 3.6%, Ceilings increased 16.0%, Steel Framing declined 11.6%, and Complementary Products rose 5.3%. The company continues share repurchases, buying back 445,163 shares for $39.3 million during the quarter.

GMS Inc. (NYSE:GMS), a leading North American specialty distributor of building products, has announced it will release its fiscal third quarter 2025 financial results before market opening on Thursday, March 6, 2025. The company will host a conference call with a Q&A session at 8:30 a.m. eastern time on the same day.

The conference call will include a slide presentation accessible through the company's website under the Investors section. A webcast replay will be available, and telephone playback can be accessed until April 6, 2025, using specific domestic and international dial-in numbers with passcode 13751602.

GMS Inc. (NYSE: GMS) reported financial results for Q2 fiscal 2025. Net sales increased 3.5% to $1.5 billion, while organic net sales decreased 4.6%. Net income declined 33.9% to $53.5 million ($1.35 per diluted share) from $81.0 million ($1.97 per diluted share) year-over-year. Adjusted EBITDA decreased 9.2% to $152.2 million.

The company faced challenges including softening multi-family activity, commercial shipments decline, and hurricane-related impacts. However, prices remained resilient across major product lines. The Board renewed a $250 million share repurchase authorization. Cash provided by operating activities was $115.6 million, and free cash flow was $101.5 million.

GMS Inc. (NYSE:GMS), a leading North American specialty distributor of building products, has announced its upcoming fiscal second quarter 2025 earnings release and conference call schedule. The company will release its financial results for the quarter ended October 31, 2024, before market opening on Thursday, December 5, 2024. A conference call will follow at 8:30 a.m. eastern time to discuss results and conduct a Q&A session. The presentation will be available on the company's website, with both domestic and international dial-in options provided. A playback will be accessible through January 5, 2025.

GMS Inc. (NYSE: GMS) reported its Q1 fiscal 2025 results, showing net sales growth of 2.8% to $1.4 billion, despite a 2.2% decrease in organic net sales. The company faced challenges including steel price deflation and softening end market demands. Key financial highlights include:

- Net income of $57.2 million ($1.42 per diluted share), down from $86.8 million
- Adjusted EBITDA of $145.9 million, a 15.8% decrease
- Net debt leverage increased to 2.1 times

GMS announced the acquisition of R.S. Elliott Specialty Supply, expanding its complementary products offerings. The company is implementing a $25 million annualized cost reduction program to address persistent market pressures.