GMS Inc (FRA:CLG)

€ 82 0.5 (0.61%) Market Cap: 3.16 Bil Enterprise Value: 4.79 Bil PE Ratio: 15.60 PB Ratio: 2.24 GF Score: 86/100

GMS Inc at Jefferies Industrials Conference Transcript

Aug 09, 2022 / 07:00PM GMT

Release Date Price: €51

Transcript

Unidentified Analyst

Afternoon. Welcome to the Jefferies 2020 Industrials Conference. It is my pleasure to introduce John Turner, the CEO of GMS. We'll leave a few minutes for questions at the end. I'll hand it over to you.

John Turner

Gypsum Management & Supply, Inc. - President & CEO

All right. Well, thank you, everybody, for being here this afternoon and your interest in Gypsum Management & Supply or GMS is our call on the New York Stock Exchange.

Just a quick summary of who we are at a glance. We've been in business for over 50 years. We've had a really good year. We'll talk about that a little later, but $4.6 billion in sales at this point. We've expanded the business to 300-plus distribution yards.

And you're going to begin to see now a new metric that we've included, which is our store count. Our store count relates specifically to the acquisition of AMES Taping Tools, which is more of a wholetail approach, so different than our traditional yard. So, we have 100 of those now.

When we finished the acquisition, we were just

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