HD Supply Holdings (HDS) Tops Q1 EPS by 14c, Revenues Beat

HD Supply Holdings (NASDAQ: HDS) reported Q1 EPS of $0.67, $0.14 better than the analyst estimate of $0.53. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.37 billion.

"The COVID-19 pandemic has created extraordinary challenges, but our focus has remained clear. We have prioritized the health and well-being of our associates and their families while continuing to serve our customers and our communities. Our associates have worked tirelessly to fulfill our responsibilities and I am proud of each and every one of them," stated Joe DeAngelo, Chairman and CEO of HD Supply. "We are encouraged by improving results in May, and we will continue to support our customers and communities as they work to safely resume economic activity."

2020 Outlook

The company will not be providing a second quarter 2020 or fiscal full year 2020 outlook in light of the ongoing coronavirus disease (“COVID-19”) outbreak. A further discussion relating to the ongoing impact of COVID-19 will take place on our fiscal 2020 first-quarter conference call.

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

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