GMS Inc. (GMS) reported third quarter net income of $51.9 million, or $1.28 per share, compared to net income of $64.8 million, or $1.53 per share, a year ago. Adjusted net income was $65.0 million, or $1.60 per share, compared to $78.3 million, or $1.85 per share, previous year. On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $1.60, for the quarter. Analysts' estimates typically exclude special items.
Third quarter net sales were $1.3 billion, up 1.9% from last year. Organic net sales decreased 0.2%, for the quarter. Analysts on average had estimated $1.26 billion in revenue.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.