Net sales increased 24.4% over the second-quarter of last fiscal year but were down from the 30.5% year-over-year increase in FY '23's 1Q.
Latest In GMS
Sales were up at least 20% year-over-year in all four of the company’s key product categories, though gross margin took a dip.
The company announced that Leigh Dobbs has been named chief human resources officer, effective Sept. 6.
Travis Hendren will be responsible for all field operations supporting the company’s distribution yards, GMS Inc. said.
GMS doubled its net income in the first quarter as it continued to benefit from a strong residential market.
As part of its ongoing expansion efforts, GMS also announced the recent openings of five greenfield locations.
With the Westside deal complete, GMS added nine new locations in California and one in Las Vegas, Nevada to its footprint.
