Home Depot's SRS subsidiary acquired GMS for $4.3 billion to strengthen its penetration in the professional market with long-term payoff in the consumer market too.

The Home Depot, Inc. (NYSE:HD) is one of the top e-commerce stocks with long-term potential. On July 1, DA Davidson reaffirmed its Buy rating and $450 price target for Home Depot (NYSE:HD) after the ...

In its largest acquisition ever, Home Depot is expanding its business targeting professional contractors and builders as the home fixer-upper market stalls. Home Depot announced Thursday that it ...

Home Depot's planned acquisition of SRS Distribution aligns with its strategy, but its impact is not expected until next fiscal year.

On the third-quarter earnings call, Home Depot said the acquisition was expected to contribute $6.4 billion just in the seven months or so that the business is part of the retailer in fiscal 2024.

Home Depot signed a deal for its subsidiary, SRS Distribution, to purchase building products distributor GMS Inc., which specializes in materials for residential and commercial projects, Retail ...

In its largest acquisition ever, Home Depot is expanding its business targeting professional contractors and builders as the home fixer-upper market stalls. Home Depot announced Thursday that it is ...

On the third-quarter earnings call, Home Depot said the acquisition was expected to contribute $6.4 billion just in the seven months or so that the business is part of the retailer in fiscal 2024.