Home Depot Seeks to Buy GMS in Challenge to QXO, WSJ Says

Shoppers inside a Home Depot store in Roseville, California.
Photographer: David Paul Morris/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Alan Goldstein

June 19, 2025 at 10:01 PM UTC

Updated on

June 20, 2025 at 12:10 PM UTC

Home Depot Inc. has made an offer for GMS Inc., potentially setting off a bidding war with QXO Inc. which this week made a $5 billion offer for the building-products distributor, the Wall Street Journal reported Thursday.

The offer from Home Depot, the world’s largest home-improvement retailer, is for an undetermined sum, the Journal said, citing people with knowledge of the matter.