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-0.000323755564548816 -0.00283286118980177 -0.00137596114933227 0.00234722784297849 0.00145690004046939 0.00137596114933215 0.00153783893160662 0.00169971671388097
Stock impact report

Home Depot Expands Pro Market With GMS and SRS Pairing [Yahoo! Finance]

Floor & Decor Holdings, Inc. (FND) 
NASDAQ:AMEX Investor Relations: dictionary.com/browse/floor
Company Research Source: Yahoo! Finance
GMS is a prominent distributor of specialty building products, including drywall, ceilings and steel framing, which are essential for complex remodeling and new construction. This integration enables Home Depot to leverage GMS' specialized product categories and customer relationships, enhancing its multi-category distribution model. This pairing is significant because it brings differentiated customer relationships and product categories that are highly complementary to the existing SRS business. By combining GMS' specialty distribution with Home Depot's retail reach and SRS' roofing strength, the company is positioning itself as a one-stop shop for complex professional projects. The acquisition has contributed roughly $900 million in sales during just eight weeks of the third quarter. For fiscal 2025, GMS is expected to contribute about $2 billion in incremental sales to Home Depot's top line. This expansion into technical specialty trade categories effectively broadens the comp Show less Read more
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