Q4 2023 Earnings Call June 22, 2023 Safe Harbor and Basis of Presentation 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 "s ...

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, 2023 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 ...

GMS Inc. (NYSE:GMS) Q3 2023 Earnings Conference Call March 2, 2023 8:30 AM ET Company Participants Carey Phelps - VP of IR John Turner - President and CEO Scott Deakin - VP and CFO Conference Call Participants Trey Grooms - Stephens Inc. Keith Hughes - Truist Securities Steven Ramsey - Thompson Research Group Jeffrey Stevenson - Loop Capital Markets Ryan Frank - RBC Capital Markets Elizabeth Langan - Barclays Quinn Fredrickson - Baird Operator Greetings, and welcome to the GMS Third Quarter 2023 Earnings Ca ...

GMS INC. (Exact name of registrant as specified in its charter) ______________________________________________________________ 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 October 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. COMM ...

GMS Inc. (NYSE:GMS) Q2 2023 Earnings Conference Call December 8, 2022 8:30 AM ET Company Participants Carey Phelps - Vice President of Investor Relations John Turner - President and Chief Executive Officer Scott Deakin - Vice President and Chief Financial Officer Conference Call Participants David Manthey - Robert W. Baird Trey Grooms - Stephens Inc. Michael Dahl - RBC Capital Markets Jeffrey Stevenson - Loop Capital Markets Steven Ramsey - Thomson Research Group Elizabeth Langan - Barclays Operator Greetin ...

Q2 2023 Earnings Call December 8, 2022 Safe Harbor and Basis of Presentation 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 ...

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, 2022 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 as ...

Financial Data and Key Metrics Changes - The company reported a 30.5% increase in net sales year-over-year, reaching $1.4 billion for the quarter, with organic sales rising 24.1% [16][9] - Net income improved by 46.2%, while adjusted EBITDA grew by 36.6%, resulting in an adjusted EBITDA margin of 12.9%, up 60 basis points compared to the previous year [10][26] - Gross profit increased by 29.4% to $434.7 million, with a gross margin percentage of 32%, consistent with both the prior year and prior quarter [24][10] Business Line Data and Key Metrics Changes - Wallboard sales increased by 33.7% to $521.6 million, driven by a 24.8% increase in price and mix and an 8.8% increase in volume [16][17] - Ceiling tile and grid sales rose by 21.2% to $167.3 million, with an 18.1% benefit from price and mix and a 3.1% increase in volume [20] - Steel framing sales increased by 40.1% to $274.9 million, primarily due to a 47.3% benefit from price and mix, despite a 7.2% decline in volumes [21] Market Data and Key Metrics Changes - Both residential and commercial sales in the U.S. were up more than 27% organically year-over-year [16] - Multi-family volume gains of nearly 30% outpaced mid-single digit single-family volume growth [18] - The average realized wallboard price was $438 per 1,000 square feet, up more than 5% sequentially and almost 23% compared to the previous year [19] Company Strategy and Development Direction - The company is focused on four primary strategic priorities: expanding share in core products, growing complementary products, expanding through acquisitions, and driving improved productivity and profitability [11][12][13][14] - The company has acquired Construction Supply of Southwest Florida and opened new locations to enhance its service territory and product offerings [13] - The company plans to complete the upgrade of its ERP system by the end of the calendar year to improve inventory management and operational efficiency [14] Management's Comments on Operating Environment and Future Outlook - Management noted a significant contrast between current solid activity levels and potential slowdowns in the single-family market due to declining housing starts [34] - The company expects total net sales growth of roughly 20% for the fiscal second quarter, with gross margin percentage remaining consistent with Q1 [38] - Management remains confident in the company's position, citing a balanced split between commercial and residential revenues and a broadened geographic footprint [36] Other Important Information - The company had cash on hand of $106.6 million and $270.2 million of available liquidity under revolving credit facilities at quarter-end [28] - The effective tax rate increased to 26.4% from 24.6% in the previous year due to anticipated Canadian tax law changes [27] - The company repurchased approximately 516,000 shares for $23.8 million during the quarter, compared to 85,000 shares for $3.9 million in the prior year [31] Q&A Session Summary Question: What part of commercial is the strongest right now? - Management indicated that education, hospitality, and healthcare segments are improving, while large office high-rise projects are not accelerating [43] Question: How should we think about wallboard organic volume growth moving forward? - Management suggested that mid-single digit growth is appropriate for wallboard volume due to current industry conditions [52] Question: Can you discuss the current bidding environment? - Management noted that bidding levels remain moderately strong, with ongoing high levels of under-construction activity in residential markets [53] Question: How does the company view inventory replenishment given the current market dynamics? - Management expressed confidence in wallboard sales, which operate on a just-in-time basis, while being cautious with steel inventory purchases [57] Question: What are the drivers of higher free cash flow conversion this year? - Management attributed improved cash flow to reduced inventory buildup and lower cash consumption compared to the previous year [60] Question: Can you discuss the company's capital allocation strategy? - Management emphasized a disciplined approach to capital allocation, focusing on organic growth, M&A opportunities, and share repurchases [76]

Q1 2023 Earnings Call September 1, 2022 Safe Harbor and Basis of Presentation 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," o ...

Jefferies Industrials Conference August 9, 2022 Safe Harbor and Basis of Presentation 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," " ...