GMS Inc. (GMS) is scheduled to report first-quarter fiscal 2025 results on Aug. 29, before market open. In the last reported quarter, the company's earnings missed the Zacks Consensus Estimate by 5.4% and declined 8.5% year over year. Net sales missed the consensus mark by 0.4% but increased 8.4% year over year. GMS' earnings topped the consensus mark in two of the last four quarters and missed on two occasions, delivering an average negative surprise of 0.8%. The Trend in Estimate Revision The Zacks Consen ...

GMS Inc. (GMS) reported tepid results for fourth-quarter fiscal 2024 (ended Apr 30, 2024). Both earnings and net sales missed the Zacks Consensus Estimate. Earnings declined on a year-over-year basis. Nonetheless, net sales grew from the prior-year period. Shares of the company lost 6.1% on Jun 20, post-earnings release. The company expects Wallboard and Steel margins-related headwinds to improve from the second quarter. An improving single-family end market will likely offset declining multi-family and com ...

For the Transition Period From to Commission File Number: 001-37784 ______________________________________________________________ GMS INC. For the Fiscal Year Ended April 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Table of Contents SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF ...

Through April, single-family starts were up almost 26% calendar year to date as compared with a year ago. Therefore, we expect to see continued moderate year-over-year improvement for this end market in the near term, followed by a more robust recovery thereafter with what we expect will be an eventual downward shift in interest rates. shipments to those reported by the gypsum manufacturers for the 12 months ended March 31, 2024, the closest proxy we have to our fiscal year. Thank you, JT, and good morning ...

Exhibit 99.1 GMS Reports Fourth Quarter and Fiscal Year 2024 Results Volume Growth Across All Four Major Product Categories Drove Record Levels of Full Year Net Sales and Strong Cash Flow Tucker, Georgia, June 20, 2024. 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 n ...

GMS Inc. (GMS) is slated to report fourth-quarter fiscal 2024 results on Jun 20, before the opening bell. In the last reported quarter, both earnings and net sales marginally missed the Zacks Consensus Estimate by 0.6% and 0.5%, respectively. How are Estimates Placed? The Zacks Consensus Estimate for fourth-quarter fiscal 2024 earnings per share has remained unchanged at $2.04 over the past 60 days. The estimated value indicates a 3.3% year-over-year decline. The consensus mark for net sales is pegged at $1 ...

GMS Inc. (GMS) , a leading distributor of specialty building products in North America, announced a significant expansion move by acquiring Yvon Building Supply Inc., Yvon Insulation Corporation, Laminated Glass Technologies, Inc., and Right Fit Foam Insulation Ltd. The deal, valued at up to CAD$196.5 million, aims to enhance GMS Canada's offerings and services in Ontario. Subject to regulatory approvals, the transaction is expected to close in July 2024, funded through cash on hand and borrowings under GMS ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. COMMISSION FILE NUMBER: 001-37784 ______________________________________________________________ GMS INC. (Exact name of registrant ...

Company Participants David Manthey - Robert W. Baird Noah Merkousko - Stephens Kurt Yinger - D.A. Davidson Keith Hughes - Truist Securities Steven Ramsey - Thompson Research Group Mike Dahl - RBC Capital Markets Zach Pacheco - Loop Capital Carey Phelps As a reminder, forward-looking statements represent management's current estimates and expectations. The company assumes no obligation to update any forward-looking statements in the future. Listeners are encouraged to review the more detailed discussions rel ...

Q3 2024 Earnings Call February 29, 2024 Forward-Looking Statement Safe Harbor — This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. You can generally identify forward-looking statements by the Company's use of forward-looking terminology such as "anticipate," "believe," "confident," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "seek," or "should," or the negative thereof or ...