GMS Inc. (GMS) PT Lowered to $71 at Barclays
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GMS Reports Third Quarter Fiscal 2025 Results
March 6, 2025 6:00 AM ESTPricing Resilience Despite Declining End Market Demand
TUCKER, Ga.--(BUSINESS WIRE)-- 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... More