GMS Inc. (GMS) Misses Q3 EPS by 1c

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GMS Reports Third Quarter Fiscal 2023 Results

March 2, 2023 6:00 AM EST

Strong Multi-Family, Improving Commercial Activity, Resilient Pricing and Continued Complementary Product Momentum Drives Sales, Gross Profit and Adjusted EBITDA Growth

TUCKER, Ga.--(BUSINESS WIRE)-- 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.

Third Quarter Fiscal 2023 Highlights

(Comparisons are to the third quarter of fiscal 2022)

Net sales of $1.2 billion increased 7.0%; organic net sales increased 6.4%. 19.9% multi-family and 5.6% commercial Wallboard volume growth in... More