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GMS(GMS) - 2025 Q1 - Earnings Call Transcript
2024-08-30 01:19
GMS Inc. (NYSE:GMS) Q1 2025 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants Carey Phelps - VP, IR John Turner - President and CEO Scott Deakin - SVP and CFO Conference Call Participants Noah Merkousko - Stephens David Manthey - Baird Keith Hughes - Truist Securities Chris Claude - RBC Capital Markets Jeff Stevenson - Loop Capital Markets Steven Ramsey - Thompson Research Group Operator Greetings. Welcome to the GMS Inc. First Quarter 2025 Earnings Conference Call. [Operator Instruct ...
GMS(GMS) - 2025 Q1 - Quarterly Report
2024-08-29 20:06
Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share GMS New York Stock Exchange 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 July 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 ___ ...
GMS(GMS) - 2025 Q1 - Quarterly Results
2024-08-29 10:05
Exhibit 99.1 1 GMS REPORTS FIRST QUARTER FISCAL 2025 RESULTS 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 Tucker, Georgia, August 29, 2024. GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal first q ...
GMS Gears Up to Report Q1 Earnings: Factors to Consider
ZACKS· 2024-08-27 18:18
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' Q4 Earnings & Net Sales Lag Estimates, Margins Down Y/Y
ZACKS· 2024-06-21 17:45
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 ...
GMS(GMS) - 2024 Q4 - Annual Report
2024-06-20 20:46
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 ...
GMS(GMS) - 2024 Q4 - Earnings Call Transcript
2024-06-20 16:31
GMS Inc. (NYSE:GMS) Q4 2024 Earnings Conference Call June 20, 2024 8:30 AM ET Company Participants Carey Phelps - VP, IR John Turner - President and CEO Scott Deakin - SVP and CFO Conference Call Participants Noah Merkousko - Stephens Matthew Bouley - Barclays David Manthey - Baird Brian Biros - Thompson Research Group Mike Dahl - RBC Capital Markets Jeffrey Stevenson - Loop Capital Markets Operator Greetings, and welcome to the GMS, Inc., Fourth Quarter Fiscal Year 2024 Earnings Conference Call. [Operator ...
GMS(GMS) - 2024 Q4 - Annual Results
2024-06-20 10:05
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 Gears Up to Report Q4 Earnings: Here's What to Expect
ZACKS· 2024-06-18 16:21
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 to Bolster Canadian Market Presence With Yvon Buyout
zacks.com· 2024-05-17 17:21
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 ...