GMS CEO Projects Pent-Up Demand After Q4 Revenue Decline

GMS Inc. (NYSE:GMS) saw its stock gain in premarket trading on Wednesday after announcing fourth-quarter fiscal 2025 results that surpassed analyst expectations.

Topping analyst estimates of $1.30 billion, the company announced quarterly net sales of $1.33 billion, a 5.6% decrease from a year ago.

On an organic basis, net sales saw a 9.7% decline. On a per-day basis, net sales were down 4.1%, and organic sales dropped 8.3%.

Also Read: GMS Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

The decline was driven by softer end-market conditions, though resilient pricing in Wallboard, Ceilings, and Complementary Products helped offset some of the impact, the company said in a press release.

Steel price deflation reduced net sales by an estimated $22 million for the quarter. 

The specialty building products distributor’s adjusted EPS of $1.29 was above the consensus of $1.11.

In the fourth quarter, Wallboard sales fell 10.1% to $526.6 ...