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Home Depot Tightens Its Grip On The Pro Market By Acquiring GMS Under Its SRS Subsidiary
GMSGMS(US:GMS) Forbes·2025-07-07 17:05

NEW YORK, NEW YORK - FEBRUARY 26: General view of a Home Depot store in Midtown Manhattan on ... More February 26, 2025 in New York City. Home Depot quarterly sales topped expectations, with projections of 2.8% growth for fiscal year 2025. (Photo by Eduardo MunozAlvarez/VIEWpress)Corbis via Getty ImagesThe Home Depot has just announced that its SRS Distribution subsidiary, the cornerstone of its professional contractor “Pros” strategy, has acquired GMS Inc., further extending its reach into the building tra ...