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Home » Distribution Industry News » GMS Sales Up 1.9% in Fiscal 2024 Third Quarter

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  • Published on: March 1, 2024

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Distribution Industry News

GMS Sales Up 1.9% in Fiscal 2024 Third Quarter

GMS Inc. (NYSE: GMS), Tucker, Ga., a North American specialty building products distributor, reported sales for the third quarter fiscal 2024 ended Jan. 31, 2024, were $1.3 billion, up 1.9%. Organic sales were down 0.2% 

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U.S. wallboard volume growth of 12.7% in multifamily and 7.9% in commercial helped offset a 2.3% decline in single-family. 

Profit was $51.9 million. 

Sales for the nine months ended Jan. 31, 2024, were $4.1 billion, up slightly from the year-ago period. Profit was $257 million. 

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