Home Depot's SRS subsidiary acquired GMS for $4.3 billion to strengthen its penetration in the professional market with ...

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little ...

Home Depot's push into the pro market began in earnest last year, when the company dropped $18.5 billion to buy SRS ...

On Tuesday, investors continued to digest Monday's news from Home Depot (NYSE: HD) that it had made a fresh acquisition. Home ...

Home Depot had been rumored to be sniffing around GMS once QXO's offer was made public, so GMS stock didn't experience that dramatic a pop -- its near-13% rise this week was basically the upside after ...

We recently published As Wall Street Roars, These 10 Stocks Outshine. GMS Inc. (NYSE:GMS) is one of last week’s top ...

Bank of America Securities analyst Robert F. Ohmes maintained a Buy rating on Home Depot with a $450 price target. The call ...

Home Depot, based in Atlanta, has been on a spending spree: the company also bought SRS Distribution last year for over $18 ...

A full transcript is below. This podcast was recorded on June 30, 2025.

Home Depot Subsidiary to Acquire GMS for $5.5 Billion, Outbidding Rival QXO By Nate Wolf and Paul R. La Monica Share ...

Home Depot is completing the acquisition through SRS, which will remain a subsidiary of the big-box retail company. Together, GMS and SRS will operate “a network of more than 1,200 locations and a ...