Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

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Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

cnbc.com/2025/06/30/home-depot-srs-distribution-buys-gms.html

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.
Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than…

This story appeared on cnbc.com, 2025-06-30 14:16:58.920000.