QXO turns attention elsewhere as Home Depot nabs GMS - source

Mon, 30 Jun 2025 15:34:10 -0400

Investing.com -- Home Depot’s agreement to acquire building products distributor GMS, Inc. for $110 per share in cash has prompted Brad Jacobs-led QXO Inc. (NYSE:QXO) to shift its focus to other targets, according to a person familiar with the matter. QXO is currently evaluating several alternative acquisition opportunities, it was relayed.

On June 18th, QXO, fresh off its $11 billion cornerstone acquisition of Beacon Roofing Supply (NASDAQ:BECN), made a surprise all-cash offer of $95.20 per share for GMS. The next day, the Wall Street Journal reported that Home

QXO turns attention elsewhere as Home Depot nabs GMS - source

Mon, 30 Jun 2025 15:34:10 -0400

QXO turns attention elsewhere as Home Depot nabs GMS - source

Mon, 30 Jun 2025 15:34:10 -0400

QXO turns attention elsewhere as Home Depot nabs GMS - source

Mon, 30 Jun 2025 15:34:10 -0400

QXO won’t participate in bidding war for GMS - source

Fri, 20 Jun 2025 12:21:36 -0400

Investing.com -- Shares of GMS Inc (NYSE:GMS) are surging over 26% higher on Friday as a potential bidding war is brewing for the distributor of building products. However, the company that helped put the company in play, QXO Inc (NYSE:QXO), is not willing to entertain such a process to acquire the company, according to a source familiar with the matter.

On Wednesday evening, QXO, run by deal-savvy Brad Jacobs, went public with an all-cash offer of $95.20 per share for GMS. The ante was raised after the Wall Street Journal reported Thursday that

QXO won’t participate in bidding war for GMS - source

Fri, 20 Jun 2025 12:21:36 -0400

On Wednesday evening, QXO, run by deal-savvy Brad Jacobs, went public with an all-cash offer of $95.20 per share for GMS. The ante was raised after the Wall Street Journal reported Thursday that

QXO won’t participate in bidding war for GMS - source

Fri, 20 Jun 2025 12:21:36 -0400

On Wednesday evening, QXO, run by deal-savvy Brad Jacobs, went public with an all-cash offer of $95.20 per share for GMS. The ante was raised after the Wall Street Journal reported Thursday that

QXO won’t participate in bidding war for GMS - source

Fri, 20 Jun 2025 12:21:36 -0400

On Wednesday evening, QXO, run by deal-savvy Brad Jacobs, went public with an all-cash offer of $95.20 per share for GMS. The ante was raised after the Wall Street Journal reported Thursday that

Oppenheimer starts QXO at Outperform

Wed, 11 Jun 2025 10:20:16 -0400

Investing.com -- Oppenheimer analysts initiated coverage on QXO with an Outperform rating and a $27 price target in a note on Wednesday.

It follows the completion of the company’s "initial, cornerstone acquisition of Beacon Roofing Supply (NASDAQ:BECN)."

Oppenheimer views Beacon favorably, considering it QXO’s "original building block on its path to ultimately becoming a targeted $50B revenue leader in building products distribution."

According to Oppenheimer, Beacon Roofing Supply is an attractive asset, possessing "a broad North American network and is a leader in its distribution categories."

The analysts highlight that Beacon’s roofing business is "relatively resilient

Oppenheimer starts QXO at Outperform

Wed, 11 Jun 2025 10:20:16 -0400

Investing.com -- Oppenheimer analysts initiated coverage on QXO with an Outperform rating and a $27 price target in a note on Wednesday.

It follows the completion of the company’s "initial, cornerstone acquisition of Beacon Roofing Supply (NASDAQ:BECN)."

Oppenheimer views Beacon favorably, considering it QXO’s "original building block on its path to ultimately becoming a targeted $50B revenue leader in building products distribution."

According to Oppenheimer, Beacon Roofing Supply is an attractive asset, possessing "a broad North American network and is a leader in its distribution categories."

The analysts highlight that Beacon’s roofing business is "relatively resilient

Oppenheimer starts QXO at Outperform

Wed, 11 Jun 2025 10:20:16 -0400

Investing.com -- Oppenheimer analysts initiated coverage on QXO with an Outperform rating and a $27 price target in a note on Wednesday.

It follows the completion of the company’s "initial, cornerstone acquisition of Beacon Roofing Supply (NASDAQ:BECN)."

Oppenheimer views Beacon favorably, considering it QXO’s "original building block on its path to ultimately becoming a targeted $50B revenue leader in building products distribution."

According to Oppenheimer, Beacon Roofing Supply is an attractive asset, possessing "a broad North American network and is a leader in its distribution categories."

The analysts highlight that Beacon’s roofing business is "relatively resilient

Oppenheimer starts QXO at Outperform

Wed, 11 Jun 2025 10:20:16 -0400

Investing.com -- Oppenheimer analysts initiated coverage on QXO with an Outperform rating and a $27 price target in a note on Wednesday.

It follows the completion of the company’s "initial, cornerstone acquisition of Beacon Roofing Supply (NASDAQ:BECN)."

Oppenheimer views Beacon favorably, considering it QXO’s "original building block on its path to ultimately becoming a targeted $50B revenue leader in building products distribution."

According to Oppenheimer, Beacon Roofing Supply is an attractive asset, possessing "a broad North American network and is a leader in its distribution categories."

The analysts highlight that Beacon’s roofing business is "relatively resilient

QXO targets $50 billion in annual revenue, plans to double Beacon EBITDA

Tue, 20 May 2025 09:53:46 -0400

Investing.com -- QXO Inc (NYSE:QXO), which recently completed its $11 billion acquisition of Beacon Roofing Supply (NASDAQ:BECN), outlined its ambitious growth strategy on Tuesday. CEO Brad Jacobs, the company’s driving force, announced plans to transform QXO into a tech-enabled leader in the $800 billion building products distribution industry, aiming for $50 billion in annual revenue over the next decade.

During a presentation in New York, Jacobs detailed seven core themes that will underpin the company’s strategy. These include delivering exceptional shareholder value by building a profitable $50 billion revenue business, leveraging the substantial total addressable market

QXO targets $50 billion in annual revenue, plans to double Beacon EBITDA

Tue, 20 May 2025 09:53:46 -0400

QXO targets $50 billion in annual revenue, plans to double Beacon EBITDA

Tue, 20 May 2025 09:53:46 -0400

Form 15-12G QXO BUILDING PRODUCTS,

Fri, 09 May 2025 16:04:00 -0400

si-local-file:///var/storage/secattach/20250509/24772776.html

Form 15-12G QXO BUILDING PRODUCTS,

Fri, 09 May 2025 16:04:00 -0400

si-local-file:///var/storage/secattach/20250509/24772776.html

Form SCHEDULE 13G/A QXO BUILDING PRODUCTS, Filed by: VANGUARD GROUP INC

Wed, 30 Apr 2025 10:55:00 -0400

si-local-file:///var/storage/secattach/20250430/24714507.html

Form SCHEDULE 13G/A QXO BUILDING PRODUCTS, Filed by: VANGUARD GROUP INC

Wed, 30 Apr 2025 10:55:00 -0400

si-local-file:///var/storage/secattach/20250430/24714507.html

Form 8-K QXO BUILDING PRODUCTS, For: Apr 29

Tue, 29 Apr 2025 16:05:00 -0400

si-local-file:///var/storage/secattach/20250429/24707563.html

Form 8-K QXO BUILDING PRODUCTS, For: Apr 29

Tue, 29 Apr 2025 16:05:00 -0400

si-local-file:///var/storage/secattach/20250429/24707563.html

Form 4 QXO BUILDING PRODUCTS, For: Apr 29 Filed by: MCLAUGHLIN ROBERT M

Tue, 29 Apr 2025 13:32:00 -0400

si-local-file:///var/storage/secattach/20250429/24705968.html

Form 4 QXO BUILDING PRODUCTS, For: Apr 29 Filed by: MCLAUGHLIN ROBERT M

Tue, 29 Apr 2025 13:32:00 -0400

si-local-file:///var/storage/secattach/20250429/24705968.html

Form 4 QXO BUILDING PRODUCTS, For: Apr 29 Filed by: Young Douglas L

Tue, 29 Apr 2025 13:31:00 -0400

si-local-file:///var/storage/secattach/20250429/24705954.html

Form 4 QXO BUILDING PRODUCTS, For: Apr 29 Filed by: Young Douglas L

Tue, 29 Apr 2025 13:31:00 -0400

si-local-file:///var/storage/secattach/20250429/24705954.html

StreetInsider.com News Articles

QXO turns attention elsewhere as Home Depot nabs GMS - source

QXO turns attention elsewhere as Home Depot nabs GMS - source

QXO turns attention elsewhere as Home Depot nabs GMS - source

QXO turns attention elsewhere as Home Depot nabs GMS - source

QXO won’t participate in bidding war for GMS - source

QXO won’t participate in bidding war for GMS - source

QXO won’t participate in bidding war for GMS - source

QXO won’t participate in bidding war for GMS - source

Oppenheimer starts QXO at Outperform

Oppenheimer starts QXO at Outperform

Oppenheimer starts QXO at Outperform

Oppenheimer starts QXO at Outperform

QXO targets $50 billion in annual revenue, plans to double Beacon EBITDA

QXO targets $50 billion in annual revenue, plans to double Beacon EBITDA

QXO targets $50 billion in annual revenue, plans to double Beacon EBITDA

Form 15-12G QXO BUILDING PRODUCTS,

Form 15-12G QXO BUILDING PRODUCTS,

Form SCHEDULE 13G/A QXO BUILDING PRODUCTS, Filed by: VANGUARD GROUP INC

Form SCHEDULE 13G/A QXO BUILDING PRODUCTS, Filed by: VANGUARD GROUP INC

Form 8-K QXO BUILDING PRODUCTS, For: Apr 29

Form 8-K QXO BUILDING PRODUCTS, For: Apr 29

Form 4 QXO BUILDING PRODUCTS, For: Apr 29 Filed by: MCLAUGHLIN ROBERT M

Form 4 QXO BUILDING PRODUCTS, For: Apr 29 Filed by: MCLAUGHLIN ROBERT M

Form 4 QXO BUILDING PRODUCTS, For: Apr 29 Filed by: Young Douglas L

Form 4 QXO BUILDING PRODUCTS, For: Apr 29 Filed by: Young Douglas L