GMS


Associated tags: GMS, Construction & Property, Commercial Building & Real Estate, Residential Building & Real Estate, NYSE, Other Construction & Property, Building Systems, Conference

Locations: TN, SC, FL, NEW YORK, NEW YORK CITY, ONTARIO, CHICAGO, IL, VANCOUVER ISLAND, SWITZERLAND, EUROPE, TORONTO, AZ, ARMSTRONG, RAYMOND, SG, US, UNITED STATES, NORTH AMERICA, CANADA, GEORGIA, BLAIR, CALIFORNIA

GMS Expands Its Presence on Vancouver Island with the Acquisition of Home Lumber & Building Supplies

Retrieved on: 
Tuesday, May 2, 2023
Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Steel, Vancouver, GMS, Al Jawl, Acquisition, Home, Building, NYSE, Lumber

GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today provided an update on the continued execution of its strategic priorities, including platform expansion and Complementary Product growth, with its acquisition of Jawl Lumber Corporation, which provides service to the Vancouver Island market in Canada under the Home Lumber and Building Supplies (“Home Lumber”) brand name.

Key Points: 
  • GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today provided an update on the continued execution of its strategic priorities, including platform expansion and Complementary Product growth, with its acquisition of Jawl Lumber Corporation, which provides service to the Vancouver Island market in Canada under the Home Lumber and Building Supplies (“Home Lumber”) brand name.
  • “Home Lumber is a leading supplier of lumber, engineered wood, doors, framing packages and siding as well as other key Complementary building materials offered by GMS Canada,” said John C. Turner, Jr., President and Chief Executive Officer.
  • We’d like to welcome the Home Lumber team and their highly-respected brand to the GMS family.”
    Jawl Lumber Corporation, d/b/a Home Lumber & Building Supplies; Acquired May 1, 2023
    Established in 1960 by the Jawl family, Home Lumber and Building Supplies is one of Vancouver Island’s oldest and most respected suppliers of lumber and other complementary building materials.
  • Like GMS, the Company is committed to providing outstanding service to its customers.

GMS Announces Acquisitions of Engler, Meier & Justus, Inc. and Blair Building Materials, Inc.; Also Announces Further Platform Expansion Activities

Retrieved on: 
Tuesday, April 4, 2023
Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Steel, Olive, GMS, Blair, DL, Olive branch, Name, Acquisition, EMJ, Greater Toronto Area, Growth, NYSE, AMES, Maple

GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today announced that it has completed the acquisitions of Engler, Meier & Justus, Inc. (“EMJ”) in Chicago and Blair Building Materials, Inc. (“Blair”) in Ontario, Canada.

Key Points: 
  • GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today announced that it has completed the acquisitions of Engler, Meier & Justus, Inc. (“EMJ”) in Chicago and Blair Building Materials, Inc. (“Blair”) in Ontario, Canada.
  • “We are pleased to welcome the experienced and highly-respected teams from EMJ and Blair to GMS,” said John C. Turner, Jr., President and Chief Executive Officer of GMS.
  • Additionally, we are pleased to announce continued growth with the openings of one new greenfield yard and two new AMES store locations.
  • Founded in 1950, Blair Building Materials, Inc. provides exteriors, insulation and waterproofing products to customers in the Greater Toronto Area.

GMS Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, March 2, 2023
Retail, Other Construction & Property, Home Goods, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, NYSE, SG, Complement, Turner, EBITDA, GMS, AMES, Steel, Maintenance, Adjustment, Weather, Investment, Environment, Growth, Share repurchase, Acquisition, Real estate, Security (finance), Bookkeeping, Warehouse, Drywall, Ceiling

GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal third quarter ended January 31, 2023.

Key Points: 
  • GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, today reported financial results for the fiscal third quarter ended January 31, 2023.
  • “We were pleased to deliver solid results for our fiscal third quarter, including heightened levels of net sales, net income, Adjusted EBITDA and cash flow,” said John C. Turner, Jr., President and Chief Executive Officer of GMS.
  • Net debt leverage was 1.6 times as of the end of the quarter, down from 2.3 times at the end of the third quarter of fiscal 2022.
  • GMS will host a conference call and webcast to discuss its results for the third quarter of fiscal 2023 ended January 31, 2023 and other information related to its business at 8:30 a.m. Eastern Time on Thursday, March 2, 2023.

GMS to Present at the Raymond James 44th Annual Institutional Investors Conference

Retrieved on: 
Tuesday, February 28, 2023
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Specialty, Manufacturing, Machine Tools, Metalworking & Metallurgy, Retail, Other Construction & Property, Residential Building & Real Estate, GMS, NYSE, Raymond James Financial, Raymond, Conference, Video game, Self storage, Automotive industry

GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, is scheduled to present at the Raymond James 44th Annual Institutional Investors Conference on Wednesday, March 8, 2023 at 11:35 AM Eastern Time.

Key Points: 
  • GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, is scheduled to present at the Raymond James 44th Annual Institutional Investors Conference on Wednesday, March 8, 2023 at 11:35 AM Eastern Time.
  • The presentation will be webcast live on the Investors section of the Company’s website at www.gms.com and an archived replay will be available for approximately 180 days.

GMS Announces Date for Third Quarter Fiscal Year 2023 Earnings Release and Conference Call

Retrieved on: 
Thursday, February 16, 2023
Other Construction & Property, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, NYSE, GMS, Conference, Webcast

GMS Inc. (NYSE:GMS) (the “Company”), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter ended January 31, 2023 before the market opens on the New York Stock Exchange on Thursday, March 2, 2023.

Key Points: 
  • GMS Inc. (NYSE:GMS) (the “Company”), a leading North American specialty distributor of building products, announced today that it will release its financial results for the fiscal quarter ended January 31, 2023 before the market opens on the New York Stock Exchange on Thursday, March 2, 2023.
  • A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session.
  • The conference call and accompanying slide presentation will be available under “News & Events” in the “Investors” section of the Company’s website at www.gms.com .
  • To Participate in the Telephone Conference Call:
    Dial in at least five minutes prior to start time.

GMS Adds First-of-Its-Kind Battery Powered Hydraulic Cranes to its Fleet and Agrees to Purchase Additional Units as Part of its Sustainability and Operational Improvement Efforts

Retrieved on: 
Tuesday, January 31, 2023
Automotive, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Other Manufacturing, Alternative Vehicles, Fuels, Construction & Property, Trucking, Steel, Transport, Logistics, Supply Chain Management, Manufacturing, Sustainability, Building Systems, Environment, EV, Electric Vehicles, Fleet Management, Electricity, NYSE, GMS, Maintenance, NOx, Partnership, Propane, Software, Renewable energy

This fleet initiative, being implemented in partnership with I-State Truck Centers and Odyne Systems, supports the Company’s sustainability efforts and its commitment to minimizing the environmental impacts of its business operations as well as improving overall operating efficiencies.

Key Points: 
  • This fleet initiative, being implemented in partnership with I-State Truck Centers and Odyne Systems, supports the Company’s sustainability efforts and its commitment to minimizing the environmental impacts of its business operations as well as improving overall operating efficiencies.
  • We are excited about the addition of these innovative and environmentally beneficial vehicles to our fleet.
  • Efforts to improve the efficiency of the Company’s vehicle fleet include a company-wide adoption of fleet optimization and logistics software and technology, among other initiatives.
  • Where possible, the Company seeks to operate portions of its fleet with environmentally friendlier sources of energy, with approximately 45% of its warehouse and truck forklift fleet powered by propane or electricity.

GMS Enters the New York City Market with the Acquisition of Tanner Bolt and Nut, Inc. and a Ceilings-Focused Greenfield; Also Details Further Platform Expansion Activity

Retrieved on: 
Tuesday, January 3, 2023
Retail, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Specialty, GMS, Acquisition, AMES, Growth, Tanner, NYSE, Complement, Commonwealth, Safety, Gone Girl (novel), USG, 3D printing, Concord

These include the acquisition of Tanner Bolt and Nut, Inc. and the opening of a ceilings-focused greenfield location.

Key Points: 
  • These include the acquisition of Tanner Bolt and Nut, Inc. and the opening of a ceilings-focused greenfield location.
  • In addition, the Company provided details on other recent openings of greenfield yards and AMES store locations.
  • In Greenville, NC, GMS added to its Colonial Materials, Inc. operations with a location servicing the broader Greenville market.
  • In Chester, VA, GMS added its eighth location to the Commonwealth Building Materials platform, enhancing coverage of the Richmond, VA market.

GMS Announces Date for Second Quarter Fiscal Year 2023 Earnings Release and Conference Call

Retrieved on: 
Thursday, November 17, 2022
Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Conference, GMS, NYSE, Webcast

A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session.

Key Points: 
  • A conference call will be held that same day at 8:30 a.m. eastern time to review financial results, discuss recent events and conduct a question-and-answer session.
  • The conference call and accompanying slide presentation will be available under News & Events in the Investors section of the Companys website at www.gms.com .
  • A replay of the webcast will also be available on the Companys website.
  • To Participate in the Telephone Conference Call:
    Dial in at least five minutes prior to start time.

GMS to Present at the Stephens Annual Investment Conference

Retrieved on: 
Tuesday, November 8, 2022
Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, GMS, NYSE, Investor, Solution, Conference, Video game, Motor vehicle

GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, is scheduled to present at the Stephens Annual Investment Conference on Tuesday, November 15, 2022 at 11 AM central time (or noon eastern time.)

Key Points: 
  • GMS Inc. (NYSE: GMS), a leading North American specialty building products distributor, is scheduled to present at the Stephens Annual Investment Conference on Tuesday, November 15, 2022 at 11 AM central time (or noon eastern time.)
  • The presentation will be webcast live on the Investors section of the Companys website at www.gms.com and an archived replay will be available for approximately 90 days.
  • Founded in 1971, GMS operates a network of 300 distribution centers with extensive product offerings of wallboard, ceilings, steel framing and complementary construction products.
  • For more information about GMS, please visit www.gms.com .