The Home Depot, Inc. (NYSE:HD) is one of the top e-commerce stocks with long-term potential. On July 1, DA Davidson reaffirmed its Buy rating and $450 price target for Home Depot (NYSE:HD) after the ...

Home Depot's SRS subsidiary acquired GMS for $4.3 billion to strengthen its penetration in the professional market with long-term payoff in the consumer market too.

Home Depot, the largest home improvement company on the Fortune 500, is leaning into a contractor customer base, announcing Monday its acquisition of specialty building products distributor GMS ...

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...

Explore Photos: Home Depot's history in Atlanta The Home Depot transaction comes after another company, QXO Inc., in mid-June proposed to acquire GMS for about $5 billion.

Home Depot goes after pro market with $4.3B acquisition The retailer has inked a deal for its SRS Distribution subsidiary to acquire GMS, which specializes in drywall, ceilings and steel framing.

According to TD Cowen, the potential GMS acquisition aligns with Home Depot’s strategy to expand its presence in the professional contractor market. The firm noted that Home Depot has done well ...

This is to directly compete with Home Depot, who made its largest acquisition in its history when they bought SRS Distribution in 2024. Related: Woman Transforms Basic Hallway Into a Showplace ...

In April, QXO completed its approximately $11-billion acquisition of Beacon Roofing Supply. The GMS transaction with Home Depot is expected to close by the end of fiscal 2025.

Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement ...