GMS Inc. Reports Net Income of $332.99 Million for Fiscal Year 2023
GMS Inc. Achieves $5.33 Billion in Revenue for Fiscal Year 2023
By NewsInMinutes
Published - Jul 06, 2023, 07:10 AM ET
Last Updated - Jul 18, 2023, 03:04 PM EDT
GMS Inc., (GMS) a leading distributor of construction products, announced its financial results for the fiscal year ended April 30, 2023. The company reported a net income of $332.99 million, representing a significant increase compared to the previous year. Additionally, GMS Inc. achieved $5.33 billion in revenue, demonstrating strong growth in its core business operations.**
Financial Performance
GMS Inc., a prominent distributor of construction products, has released its financial results for the fiscal year 2023. The company reported a net income of $332.99 million, marking a notable increase compared to the previous year. This positive outcome can be attributed to the company's strategic initiatives and effective operational execution.
