GMS has been in the news 375% more than usual
Jul 01, 2025, 6:33 PM
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What does GMS do
GMS, a Georgia-based holding company, specializes in distributing wallboard, ceilings, and interior construction products, employing 7,624 staff and operating over 300 distribution centers across the U.S. and Canada. Founded in 2016, it also provides automatic taping and finishing tools for the drywall industry, enhancing contractor productivity.
GMS has been in the news recently: The Home Depot Inc. is acquiring SRS Distribution Inc. to improve its services for contractors through its distribution arm. Additionally, Halper Sadeh LLC is investigating Big 5 Sporting Goods Corp. for a potential violation linked to its $1.45 per share partnership sale, while Bank of America Securities analyst Robert F. Ohmes has maintained a Buy rating on Home Depot with a price target of $450.
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