GMS reports Q4, annual results

Gypsum Management & Supply Inc. announced Q4 sales of US$1.41 billion, up 8.4 percent from a year earlier. Net income declined 25.4 percent to $56.4 million, compared to $75.6 million in the previous Q4. For its fiscal year 2024, which ended April 30, GMS saw sales grow by 3.2 percent to $5.5 billion. Annual net income came to $276.1 million, a 17.1 percent from $333.0 million in 2023.