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Home Depot Tightens Its Grip On The Pro Market By Acquiring GMS Under Its SRS Subsidiary
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 ...
Home Depot's Spending Spree Widens Its Moat, But The Valuation Is Not Enticing Yet
Seeking Alpha· 2025-07-01 16:52
The Home Depot (NYSE: HD ) holds a dominant position in the home improvement market and is now expanding upmarket, targeting large contractors, first with the acquisition of SRS and now with the pendingI hold a Master's in Accounting, am a small business owner, and am an assistant investing educator for beginning and intermediate individual investors. My investing analysis focus is on identifying and developing deep knowledge of great businesses. I have helped manage businesses, spend most of my extra time ...