GMS reported Q1 net sales of $1.04 billion, a 29.8 percent increase from a year ago. Gross profit of $335.8 million was up by 28.9 percent from Q1 of 2021. Net income more than doubled to $61.2 million, or $1.39 per diluted share, compared to $27.2 million ($0.63) in the comparable period of 2021.
GMS posts Q1 gains
Most Recent
Most Read
Amazon to pull out of Quebec
Thu, January 23rd, 2025
RONA hosts vendor forum and store manager meeting
Thu, January 23rd, 2025
New owner for Target Building Materials
Thu, January 23rd, 2025
Throwback Thursday: 25 years ago Home Depot Canada named its MRO division
Thu, January 23rd, 2025
Retail sales flat in November
Thu, January 23rd, 2025
Peavey to close 21 stores in Ontario and one in Nova Scotia
Wed, January 22nd, 2025
Sexton partners with JRTech for shelf labels, AI
Wed, January 22nd, 2025
U.S. tariffs on Canadian products might start Feb. 1, Trump says
Wed, January 22nd, 2025
Award-winning dealer Mitch Wile launches leadership training
Wed, January 22nd, 2025
Walmart Canada names new CEO
Tue, January 21st, 2025