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GMS Inc. - $GMS STOCK NEWS

Welcome to our dedicated page for GMS news (Ticker: $GMS), a resource for investors and traders seeking the latest updates and insights on GMS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GMS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GMS's position in the market.

Rhea-AI Summary
GMS Inc. announces acquisition of AMW Construction Supply, two new greenfield yards, and two new AMES store locations as part of its growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.84%
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Rhea-AI Summary
Peter C. Browning and Teri P. McClure receive prestigious corporate governance awards
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End-of-Day
-0.92%
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management
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Rhea-AI Summary
GMS Inc. reports Q1 fiscal 2024 results with net sales of $1.4 billion, up 3.7% YoY; Wallboard volume up 22.1% in multi-family and 5.9% in commercial sectors, offsetting single-family declines of 12.5%; Net income of $86.8 million, down 3.0% YoY; Adjusted EBITDA of $173.3 million, down 1.0% YoY; Net debt leverage improves to 1.5 times from 1.8 times YoY; Company sees favorable demand conditions ahead with improving single-family permits and starts, solid multi-family activity, and growth in commercial construction spending.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.3%
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Rhea-AI Summary
GMS Inc. to participate in upcoming investor conferences
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End-of-Day
2.33%
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conferences
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Rhea-AI Summary
GMS Inc. publishes Corporate Social Responsibility Report
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0.01%
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none
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Rhea-AI Summary
GMS Inc. (NYSE:GMS), a leading North American specialty distributor of building products, will release its financial results for Q1 2023 on August 31, 2023. A conference call will be held on the same day to review financial results and conduct a Q&A session.
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End-of-Day
-3%
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Rhea-AI Summary
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0.74%
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End-of-Day
1.4%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
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GMS Inc.

NYSE:GMS

GMS Rankings

GMS Stock Data

3.76B
39.57M
0.57%
97.64%
2.05%
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
Wholesale Trade
Link
United States of America
TUCKER

About GMS

gms is the leading north american distributor of gypsum wallboard, acoustical ceiling products and other specialty building materials. gms operates in 34 states, through a network of 37 subsidiary partners and over 150 distribution centers nationwide, from alaska to florida. when gms opened their doors in 1971, customer service was and continues to be the cornerstone of everything the company does. in total, gms and its subsidiary partners distribute over 10,000 unique products from the industry’s leading manufacturers, all across the nation. in addition to wallboard and acoustical products, gms supplies a comprehensive inventory of other building materials, including frp boards, metal framing, insulation, exterior insulation finish systems, ready-mix joint compound, tools, and various other related interior construction products.