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GMS
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GMS Reports Third Quarter Fiscal 2025 Results

1. GMS reported $1.3 billion in net sales, a 0.2% increase. 2. Net loss reached $21.4 million due to goodwill impairment.

Earnings
-7.43%Current Return
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-2.14%S&P 500
$78.8103/06 06:14 AM EDTEvent Start
$72.95503/07 12:43 PM EDTLatest Updated
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FAQ

Why Bearish?

Despite a slight increase in sales, GMS's substantial net loss and goodwill impairment indicate underlying business challenges, reminiscent of past downturns which affected investor confidence.

How important is it?

The article details critical financial results that directly affect GMS's stock performance, influencing investor outlook and market reactions.

Why Short Term?

The immediate financial loss and declining organic sales suggest potential volatility in GMS's share price in the near term, reflecting investor sentiment.

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NSPWYHWM
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, 2025. Third Quarter Fiscal 2025 Highlights (Comparisons are to the third quarter of fiscal 2024) Net sales of $1.3 billion increased 0.2%; organic net sales decreased 6.7%. Net loss of $21.4 million, or $0.55 per diluted share, including a $42.5 million non-cash goodwill impairment charge, decreased.

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