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Good morning. Retail seller Home Depot She has been working for nearly 50 years, and her disciplined approach has contributed to making deals in its strong growth.
This is the topic that my colleague, Phil Wahba, explores in a new luck condition. House warehouse, No. 24 On Fortune 500, Declare This week, one of her business units is to obtain a building products distributor GMS (Gypsum and offer management) for about $ 4.3 billion, prevalent in the war of bidding. The deal follows the $ 18 billion Home Depot acquisition last year to distribute SRS (the entity that already buys GMS) – the largest acquisition in the company’s history.
According to Wahba, these acquisitions are a shift in the Home Depot strategy. In the first quarter of the current fiscal year, sales in American stores increased for at least a year by only 0.2 %, highlighting the need for change.
“Home Depot is widely seen as one of the most successful retailers in the past twenty years, brilliantly benefited in the hot housing market that has resulted in the renewal of more people with their homes,” Written by Wahla. The company now expects that future growth will not only come from its major stores that serve the 2000 DIY customers, but are increasing than the large demands made by specialists in more complex projects, such as ceiling reforms.
GMS, based in Georgia, runs a network of about 320 distribution centers that provide a plate, wave, ceilings, framing steel and other building materials. It also runs nearly 100 sales sales, leasing and services for residential and commercial contractors – “All things Covets Depot Depot”, according to Wahba.
Home Depot has always been studied in its strategy in integration and purchases, as Wahba, a discipline that helped her outperform Archrofival Lowe in sales growth. You can Read the full article here.
Home Depot is not the main American company active in integration and purchases this year. For example, Tech Giant Hpe (Hewlett Packard Enterprise) announced on Wednesday the acquisition on Juniper networks For about 14 billion dollars. “This strategic deal speeds up our transformation into a high margin wallet and has a higher growth and HPE positions to expand the long -term revenues,” Hpe Cfo Marie Myers LinkedIn post.
The Americas led global integration and purchases of $ 908 billion in the first half of 2025 (61 % of the total), up from 722 billion dollars (55 %) in the previous year, according to PWC’s PWC’s. Update integration and purchases in the middle of the year.
At the same time, Bain & Company Reports Some companies do not allow definitions – or changing global economic system – to obstruct the integration and purchase activity.
With the conclusion of disciplined deals and focus on long -term growth, many companies put themselves in prosperity.
The next daily financial manager will be in your in inventions on Monday. Enjoy the fourth of July vacation.
Sherrill Estrada
Sheryl.strada@fortune.com
Fortune 500 power moves
Jesus “Jay” Malaf EVP and CFO are set from Boeing (No. 63), As of August 15. Braian West, who has held the position of financial manager in Boeing over the past four years, will become a great advisor to the President of Boeing and CEO Kelly Orberg. Malav was recently financial director Lockheed Martin and before that held SVP and CFO positions at L3Harris Technologies. He spent more than 20 years at UNIDOLOGIES CORPORORION, including Vice President and Finance Director of Carrier Corporation when it was an UTC operating unit, Vice President and Financial Manager at UTC Aerospace Systems.
Every Friday morning, Fortune 500 Fortune 500 column transformations–See the latest version
More prominent moves this week
Brian Musfelt Financial Director has been appointed STEM, Inc. (NYSE: STEM), which is equipped for AI’s clean programs and services, as of July 17. Musfeldt succeeds in the rotation of Hall, who is stepped as a financial manager and EVP to follow other interests. Musfeldt returns to STEM after he also worked as a financial manager for CFO from 2017 to 2023, where he had an effective role in selling Etchengy to STEM in 2022. He has nearly 30 years of experience, which also includes working as IKGPS financial manager, a platform technology company.
Andrea Courtois SVP and CFO set from Kirkland’s, Inc.Decoration dealer who specializes in home decoration and furnishings, as of July 21. Courtois Mike Madden, who plans to follow other opportunities but will remain in a consultant position until August 15. Courtois brings more than 20 years of financial experience. She recently worked as Vice President for Financial Planning and Analysis in Francesca, after a period of financial leadership roles in La Centza, Lynn Bryant, and the end of Lands.
Brad Daham Financial Director has been named Jade Biosciences, Inc. (NASDAQ: JBIO), Biotechnology Company. Dahms was recently financial manager and senior business official in IDRX, a clinical tumor treatment company. Before that, he held the position of financial manager of Thisus Pharmaceuticals, where he led the company’s initial offer and sold it to Concentra. He started his career in the field of banking services to invest in health care, as he has played roles in Cantor Fitzgerald, RBC Capital Markets and JP Morgan.
Pierre Revol Financial Director has been appointed FrontView Reit, Inc. (NYSE: FVR), as of July 21. Revol brings more than 20 years of experience. Recently, he held the position of SVP for capital markets in Cyrusone. Before that, Revol was a SVP to finance companies and investor relations at Spirit Realty Capital, Inc. Previously, pure find.
Mark Grasso Financial Director has been appointed Kyverna Therapeutics, Inc. (Nasdaq: Kytx), a vital pharmaceutical company for the clinical stage, as of June 30. Grasso brings more than 25 years of experience in the company. He succeeds Ryan Jones, who will move to the role of a strategic advisor. Recently, Grasso held the position of financial manager of Alcort, Inc.
The debt burden grows for American companies classified in the first quarter, according to Global market intelligence data S&P. The total debt is a greater share of shareholders in the first quarter compared to the previous quarter of the non -financial companies to invest in the United States and not for investment.
The debt ratio to the property rights of a non -financial investment company increased by 131 basis points on the quarter, reaching 85.10 %. Investment category companies are defined as those that have been ranked BBB- or higher by the S&P Global Ratses. The height of debt to property rights was less clear for companies that are not intended for investment, as the average rate of 117.6 % is 117.5 %.
Here is four luck Weekend reads:
“Mush II Law: Anthony Scarmocchi’s unlikely to overcome Trump and turn AmericaWritten by Jeff John Roberts
“Tesla sales recovery depends on a low-cost car that runs behind the schedule-without a new model, things will only get worse.By Christian Hitzner
“The names of Barclays Ann Marie Darling, who retired from Goldman Sachs in 2024, as Ko Ko“ Written by Luisza Piertran
“Mastering artificial intelligence at work: a practical guide to using Chatgpt, Gemini, Claude, and more“By Preston Four
“The year 2025 was until now a year of turning into the institution from artificial intelligence, as the real adoption began to move from one idea to another.”
– Technology analysts wrote at Wedbush Securities in an industrial note on Tuesday.