Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing. Analysts support the ...

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.

Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing.

Since QXO’s offer for GMS on June 18 sparked speculation about other acquisition targets ... note that the “complex pro” customer segment, which is estimated to be a $250 billion market, or a quarter ...

Atlanta-based The Home Depot operates more than 2,350 retail stores, over 800 branches and more than 325 distribution centers that directly fulfill customer orders across all 50 states, the ...

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 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 ...

Explore Photos: Home Depot's history in Atlanta The Home Depot transaction comes after another company, QXO Inc., in mid-June proposed to acquire GMS for about $5 billion.

Home Depot remains a top choice in the home improvement sector despite recent stock underperformance. Read why I rate HD ...

"“The acquisition of ADG allows us to build on our momentum with Pro planned spend and is expected to expand our total addressable market by approximately $50 billion." ...