GMS Results Presentation Deck
Consolidated GMS Expectations for Q3 FY24
and Full Year Fiscal 2024
Metric for Q3 FY24
Net Sales
Gross Margin
Adjusted EBITDA1
Metric for Full Year FY24
Interest Expense
Capital Expenditures
Free Cash Flow ¹
Tax Rate²
GMS
GYPSUM MANAGEMENT & SUPPLY, INC.
Q3 FY24 Expectation
Up low single-digits
Similar to Q224's Gross Margin of 32.3%
$123 million - $127 million
Full Year FY24 Expectation
~$70 - $72 million
~$55 million
~ 50% - 60% of FY24 Adj. EBITDA¹
~25.5% -26.0%
¹For a reconciliation of Adjusted EBITDA, Adjusted Net Income or Free Cash Flow to the most directly comparable GAAP metrics, see Appendix.
2Tax rate refers to the normalized cash tax rate excluding the impact of acquisition accounting and certain other deferred tax amounts.
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