GMS - Earnings announcements

Resilient Pricing Despite Challenging and Uncertain End Market Conditions; Additional Structural Cost Reductions Realized GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fourth quarter and fiscal year 2025 ended April 30, 2025. Fourth Quarter Fiscal 2025 Highlights (Comparisons are to the fourth quarter of fiscal 2024 unless otherwise noted) Net sales of $1,333.8 million decreased 5.6%; organic net sales decreased 9.7%. On a per day basis, net sales were down 4.1% and organic net sales decreased 8.3%. Net income of $26.1 million decreased 53.7% from $56.4 million. Net income per diluted share of $0.6

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter and fiscal year ended April 30, 2025 before the market opens on the New York Stock Exchange on Wednesday, June 18, 2025. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to the live broadcast, go to the site a

Pricing Resilience Despite Declining End Market Demand GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal third quarter ended January 31, 2025. Third Quarter Fiscal 2025 Highlights (Comparisons are to the third quarter of fiscal 2024) Net sales of $1.3 billion increased 0.2%; organic net sales decreased 6.7%. Net loss of $21.4 million, or $0.55 per diluted share, including a $42.5 million non-cash goodwill impairment charge, decreased from net income of $51.9 million, or $1.28 per diluted share. Adjusted net income of $36.2 million, or $0.92 per diluted share, decreased from $68.8 million, or $1.70

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for its fiscal third quarter ended January 31, 2025 before the market opens on the New York Stock Exchange on Thursday, March 6, 2025. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to the live broadcast, go to the site at least t

Continued Resilience in Wallboard Pricing Offset by Softening End Market Demand, Year-Over-Year Steel Price Deflation and Hurricane-Related Impacts Share Repurchase Authorization Renewed GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal second quarter ended October 31, 2024. Second Quarter Fiscal 2025 Highlights (Comparisons are to the second quarter of fiscal 2024) Net sales of $1.5 billion increased 3.5%; organic net sales decreased 4.6%. Net income of $53.5 million, or $1.35 per diluted share, decreased from net income of $81.0 million, or $1.97 per diluted share; Net income margin declined

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for its fiscal second quarter ended October 31, 2024 before the market opens on the New York Stock Exchange on Thursday, December 5, 2024. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to the live broadcast, go to the site at lea

Company Reports Volume Gains and Resilient Wallboard Pricing Amid Softening End Market Demands and Continued Steel Price Deflation Announces Acquisition of R.S. Elliott Specialty Supply, Providing a Platform for Further Complementary Products Expansion Across the Southeast GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal first quarter ended July 31, 2024. First Quarter Fiscal 2025 Highlights (Comparisons are to the first quarter of fiscal 2024) Net sales of $1.4 billion increased 2.8%; organic net sales decreased 2.2%. Volume growth across all four major product categories, inclusive of acqui

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter ended July 31, 2024 before the market opens on the New York Stock Exchange on Thursday, August 29, 2024. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to the live broadcast, go to the site at least ten minu

GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today announced the successful completion of its previously disclosed acquisition of Yvon Building Supply Inc. together with its affiliates, Yvon Insulation Corporation, Yvon Insulation Windsor, Laminated Glass Technologies, Inc., and Right Fit Foam Insulation Ltd. (collectively "Yvon"), a leading distributor of building supplies in the Ontario, Canada market. "As we highlighted during our recent earnings conference call for the fourth quarter and full year fiscal 2024, we are pleased to enhance our service and product offerings in the Greater Toronto market with the successful completion of this transa

Volume Growth Across All Four Major Product Categories Drove Record Levels of Full Year Net Sales and Strong Cash Flow GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fourth quarter and fiscal year ended April 30, 2024. Fourth Quarter Fiscal 2024 Highlights (Comparisons are to the fourth quarter of fiscal 2023 unless otherwise noted) Net sales of $1,413.0 million increased 8.4% as volume growth across the major product lines was partially offset by Steel price deflation; organic net sales increased 4.0%. On a per day basis, net sales were up 6.7% and organic net sales increased 2.4%. Net income of $5

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter and fiscal year ended April 30, 2024 before the market opens on the New York Stock Exchange on Thursday, June 20, 2024. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to the live broadcast, go to the site at

Volume Growth Across All Four Major Product Categories Amid High Levels of Multi-Family And Commercial Activity Coupled With Improving Single-Family Demand GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal third quarter ended January 31, 2024. Third Quarter Fiscal 2024 Highlights (Comparisons are to the third quarter of fiscal 2023) Net sales of $1.3 billion increased 1.9%; organic net sales decreased 0.2%. U.S. Wallboard volume growth of 12.7% in multi-family and 7.9% in commercial helped offset a 2.3% decline in single-family. Net income of $51.9 million, or $1.28 per diluted share, compare

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for its fiscal third quarter ended January 31, 2024 before the market opens on the New York Stock Exchange on Thursday, February 29, 2024. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to the live broadcast, go to the site at lea

Strong Multi-Family and Commercial Activity During the Quarter Amid An Improving Single-Family Demand Backdrop GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal second quarter ended October 31, 2023. Second Quarter Fiscal 2024 Highlights (Comparisons are to the second quarter of fiscal 2023) Net sales of $1.4 billion decreased 0.7%; organic net sales decreased 3.1%. In the U.S., Wallboard volume growth of 17.0% in multi-family and 6.5% in commercial helped to offset single-family volume declines of 11.4%. Net income of $81.0 million, or $1.97 per diluted share, decreased 21.5% compared to net

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for its fiscal second quarter ended October 31, 2023 before the market opens on the New York Stock Exchange on Thursday, December 7, 2023. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to the live broadcast, go to the site at lea

Strong Multi-Family, Growth in Commercial Activity, and Resilient Pricing Drive Solid Results GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal first quarter ended July 31, 2023. First Quarter Fiscal 2024 Highlights (Comparisons are to the first quarter of fiscal 2023) Net sales of $1.4 billion increased 3.7%; organic net sales increased 1.0%. Wallboard volume growth of 22.1% in multi-family and 5.9% in commercial in the U.S. helped to partially offset single-family declines of 12.5%. Net income of $86.8 million, or $2.09 per diluted share, decreased 3.0% compared to net income of $89.5 milli

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for its fiscal first quarter ended July 31, 2023 before the market opens on the New York Stock Exchange on Thursday, August 31, 2023. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to a live broadcast, go to the site at least ten

Record Levels of Full Year Net Sales, Net Income, Adjusted EBITDA and Cash Flow Generation GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fourth quarter and fiscal year ended April 30, 2023. Fourth Quarter Fiscal 2023 Highlights (Comparisons are to the fourth quarter of fiscal 2022 unless otherwise noted) Net sales of $1,304.1 million increased 1.2%; organic net sales increased 0.7%. On a per day basis, net sales were up 2.8% and organic net sales increased 2.2%. Net income of $75.6 million decreased 1.2% from $76.5 million a year ago. Net income per diluted share of $1.80 increased from $1.75 a yea

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter and fiscal year ended April 30, 2023 before the market opens on the New York Stock Exchange on Thursday, June 22, 2023. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to a live broadcast, go to the site at l

Strong Multi-Family, Improving Commercial Activity, Resilient Pricing and Continued Complementary Product Momentum Drives Sales, Gross Profit and Adjusted EBITDA Growth GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal third quarter ended January 31, 2023. Third Quarter Fiscal 2023 Highlights (Comparisons are to the third quarter of fiscal 2022) Net sales of $1.2 billion increased 7.0%; organic net sales increased 6.4%. 19.9% multi-family and 5.6% commercial Wallboard volume growth in the U.S. helped to partially offset single-family volume declines of 10.6%. Net income of $64.8 million, or $1.53

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter ended January 31, 2023 before the market opens on the New York Stock Exchange on Thursday, March 2, 2023. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to a live broadcast, go to the site at least ten minutes

Record Levels of Net Sales, Net Income and Adjusted EBITDA; Double-Digit Wallboard Volume Growth; Improved Commercial Activity GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal second quarter ended October 31, 2022. Second Quarter Fiscal 2023 Highlights (Comparisons are to the second quarter of fiscal 2022) Net sales of $1.43 billion increased 24.4%; organic net sales increased 22.2%. 11.6% volume growth in Wallboard, including the second consecutive quarterly year-over-year expansion in commercial Wallboard volume. Net income of $103.2 million, or $2.41 per diluted share, increased 38.7% compar

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter ended October 31, 2022 before the market opens on the New York Stock Exchange on Thursday, December 8, 2022. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to a live broadcast, go to the site at least ten minu

Record Levels of Net Sales, Net Income and Adjusted EBITDA; Improving Commercial Backdrop GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal first quarter ended July 31, 2022. First Quarter Fiscal 2023 Highlights (Comparisons are to the first quarter of fiscal 2022) Net sales of $1,359.6 million increased 30.5%; organic net sales increased 24.1%. Net income of $89.5 million, or $2.07 per diluted share, increased 46.2% compared to net income of $61.2 million, or $1.39 per diluted share; Adjusted net income of $105.2 million, or $2.43 per diluted share, compared to $73.3 million, or $1.67 per diluted sh

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter ended July 31, 2022 before the market opens on the New York Stock Exchange on Thursday, September 1, 2022. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to a live broadcast, go to the site at least ten minute

Record Levels of Net Sales, Net Income and Adjusted EBITDA Announces Expanded Share Repurchase Authorization GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fourth quarter and fiscal year ended April 30, 2022. Fourth Quarter Fiscal 2022 Highlights (Comparisons are to the fourth quarter of fiscal 2021 unless otherwise noted) Net sales of $1,288.7 million increased 38.2%; organic net sales increased 28.9%. Net income of $76.5 million, or $1.75 per diluted share, was more than double the net income of $33.7 million, or $0.77 per diluted share, recorded a year ago; Adjusted net income of $91.3 million, or $

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty building products distributor, announced today that it will release its financial results for the fiscal quarter and fiscal year ended April 30, 2022 before the market opens on the New York Stock Exchange on Thursday, June 23, 2022. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to a live broadcast, go to the site at least

Net Sales of $1.15 Billion with Significant Year-Over-Year Growth in Net Income and Adjusted EBITDA GMS Inc. (NYSE:GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal third quarter ended January 31, 2022. Third Quarter Fiscal 2022 Highlights (Comparisons are to the third quarter of fiscal 2021) Net sales of $1,153.6 million increased 53.6%; organic net sales increased 41.5%. Net income of $61.4 million, or $1.40 per diluted share, compared to net income of $16.1 million, or $0.37 per diluted share; Adjusted net income of $76.5 million, or $1.74 per diluted share, compared to $25.9 million, or $0.60 per diluted share

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter ended January 31, 2022 before the market opens on the New York Stock Exchange on Thursday, March 3, 2022. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to a live broadcast, go to the site at least ten minutes

Net Sales of $1.15 Billion with Record Levels of Net Income and Adjusted EBITDA GMS Inc. (NYSE:GMS), a leading North American specialty distributor of interior building products, today reported financial results for the fiscal second quarter ended October 31, 2021. Second Quarter Fiscal 2022 Highlights (Comparisons are to the second quarter of fiscal 2021) Net sales of $1,150.6 million increased 41.5%; organic net sales increased 31.2%. Net income of $74.4 million, or $1.69 per diluted share; adjusted net income of $87.8 million, or $2.00 per diluted share. Gross margin of 32.3%, down 30 basis points from the prior year. SG&A and Adjusted SG&A as a percentage of sales were 20.

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of interior building products, announced today that it will release its financial results for the fiscal quarter ended October 31, 2021 before the market opens on the New York Stock Exchange on Thursday, December 2, 2021. A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to a live broadcast, go to the site at least

Net Sales Top $1 Billion Record Levels of Net Sales, Net Income and Adjusted EBITDA GMS Inc. (NYSE:GMS), a leading North American specialty distributor of interior building products, today reported financial results for the fiscal first quarter ended July 31, 2021. First Quarter Fiscal 2022 Highlights (Comparisons are to the first quarter of fiscal 2021, except where noted.) Net sales of $1.04 billion increased 29.8%; organic net sales increased 23.2%. On a per day basis, net sales increased 31.9% and organic net sales increased 25.2%. Net income of $61.2 million, or $1.39 per diluted share; adjusted net income of $73.3 million, or $1.67 per diluted share. Gross margin of 32.2%, do

GMS Inc. (NYSE:GMS) (the "Company"), a leading North American specialty distributor of interior building products, announced today that it will release its financial results for the fiscal quarter ended July 31, 2021 before the market opens on the New York Stock Exchange on Thursday, September 2, 2021. A conference call will be held that same day at 8.30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast The conference call and accompanying slide presentation will be available under "News & Events" in the "Investors" section of the Company's website at www.gms.com. To listen to a live broadcast, go to the site at least t