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.

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 is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year ... and SRS will provide the residential and commercial Pro ...

Although Home Depot missed analysts' predicted Earnings Per Share during the first quarter of 2025, the company still reaffirmed its fiscal 2025 guidance, expecting total sales to grow 2.8%.

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." ...

Lowe's narrows the gap with Home Depot through digital upgrades, Pro growth and value pricing as both stocks face shifting home trends.

ADG will expand Lowe’s Pro offering into a new distribution channel within a highly fragmented, approximately $50 billion market, company leaders said.