News

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 ...
The retailer’s recent acquisition of building supply distributor GMS is another sign Home Depot is going after the big guys — ...
The acquisition of SRS, which has already contributed $6.4 billion in sales over seven months, further enhances Home Depot’s capabilities in serving professional customers.
Home Depot has maintained its status as a dominant force in the home improvement retail sector, despite facing challenges in recent quarters. The company's second quarter of 2024 was described as weak ...
In today’s CEO Daily: Phil Wahba on Home Depot’s $4.3 billion acquisition of GMS. The big story: Trump’s 50% tariff on copper ...
Home Depot bets on big construction projects with new acquisition. The home improvement company is buying SRS Distribution, a roofing, landscaping and pool construction supplier, for $18 billion.
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’s $18.3 billion acquisition of building-products provider SRS Distribution announced Thursday will extend its leadership over rival Lowe’s Inc. in the larger professional customer ...
Home Depot made a key acquisition to corner the pro market—but some analysts say it overpaid at $4.3 billion. Sydney Lake . Tue, Jul 1, 2025, 2:15 PM 3 min read.
Home Depot made a key acquisition to corner the pro market—but some analysts say it overpaid at $4.3 billion. Sydney Lake. Updated July 1, 2025 at 2:15 PM. Copied; ...
Home Depot, the largest home improvement company on the Fortune 500, is leaning into a contractor customer base, announcing Monday its acquisition of specialty building products distributor GMS for ...