This also strengthens Home Depot’s position among pro customers. The home improvement retailer last year acquired SRS — which serves roofing, landscaping and pool contractors — for about $18 ...

Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing. Analysts support the ...

The company says scooping up GMS will help grow its professional contracting (Pro) business, which was also aided by Home Depot’s 2024 acquisition of specialty trade distributor SRS. That helped ...

Home Depot's SRS subsidiary acquired GMS for $4.3 billion to strengthen its penetration in the professional market with long-term payoff in the consumer market too.

Following the acquisition, Home Depot will offer more fulfillment and service options “than ever before,” according to a company statement, by creating a network of more than 1,200 locations and a ...

Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing.

The potential acquisition of GMS Inc. by Home Depot may impact the company's growth narrative by enhancing its Pro ecosystem and expanding its market reach. This move could strengthen Home Depot's ...

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate ... “The combination of GMS and ...

Atlanta-based The Home Depot operates more than 2,350 retail stores, over 800 branches and more than 325 distribution centers that directly fulfill customer orders across all 50 states, the ...

Home Depot plans to fund the acquisition through cash on hand and debt, without altering its leverage ratio plan. 3rd party Ad. Not an offer or recommendation by Investing.com.

Home Depot, based in Atlanta, moved quickly to acquire GMS, putting in its own bid less that two week after the company QXO offered $5 billion, according to a regulatory filing.

Investing.com - Bernstein maintained its Market Perform rating and $398.00 price target on Home Depot (NYSE: HD) stock amid speculation about a potential acquisition of GMS. The Wall Street Journal ...