2023-12-07 06:12:29 ET
- GMS press release ( NYSE: GMS ): Q2 Non-GAAP EPS of $2.30 beats by $0.04 .
- Revenue of $1.42B (-0.7% Y/Y) beats by $40M .
- In the U.S., Wallboard volume growth of 17.0% in multi-family and 6.5% in commercial helped to offset single-family volume declines of 11.4%.
- Wallboard sales of $585.2 million increased 0.1% (down 0.3% on an organic basis).
· Ceilings sales of $175.3 million increased 9.9% (up 7.2% on an organic basis).
· Steel Framing sales of $232.1 million decreased 16.6% (down 17.4% on an organic basis).
· Complementary Product sales of $428.3 million increased 4.8% (down 1.4% on an organic basis).
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GMS Non-GAAP EPS of $2.30 beats by $0.04, revenue of $1.42B beats by $40M