HD Supply Holdings (HDS) Tops Q1 EPS by 4c; Guides Q2 EPS Above Views

HD Supply Holdings (NASDAQ: HDS) reported Q1 EPS of $0.51, $0.04 better than the analyst estimate of $0.47. Revenue for the quarter came in at $1.84 billion versus the consensus estimate of $1.84 billion.

Preliminary May Sales Results

Preliminary Net sales in May were $609 million, which represents year-over-year average daily sales growth of 4 percent. May performance was negatively impacted by approximately 100 basis points associated with weather. Preliminary May year-over-year average daily sales growth by business was Facilities Maintenance 0.4 percent, Waterworks 4.6 percent, and Construction & Industrial 6.6 percent. There were 20 selling days in May 2016 and 19 selling days in May 2015.

GUIDANCE:

HD Supply Holdings sees Q2 2016 EPS of $0.85-$0.90, versus the consensus of $0.84.

For earnings history and earnings-related data on HD Supply Holdings (HDS) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• HeartCore Enterprises, Inc. (HTCR) Misses Q2 EPS by 185c
• Reading (RDI) Tops Q2 EPS by 4c