GMS Inc. (NYSE:GMS) is looking for M&A opportunities. During the company?s second quarter 2024 earnings conference call, Scott Deakin, Senior Vice President and Chief Financial Officer said that ?We are well-positioned with a solid balance sheet with no near-term maturities on our capital structure. We expect to continue to balance investing in our strategic initiatives, including additional M&A opportunities.

We're paying down debt and opportunistically leveraging favorable market conditions for share repurchases?. John Turner, President and Chief Executive Officer said that ?But then also the focus on sales teams that I just answered, the more and more that we can generate enough volume to afford to have specialization, the better we do. And that's continued to roll out across the business.

And then our M&A, we'll continue to do M&A in that channel?.