GMS Q3 2017 Quarterly Review

GMS Inc. reported strong Q3 2017 results with net sales increasing 33.8% to $562.5 million and adjusted EBITDA growing 58.4% to $40.7 million. The company achieved above-market growth through accretive acquisitions, expanded its ABL credit facility, and improved leverage ratios. Gross margin expanded 110 basis points to 33.0% reflecting continued operational improvements.