HD Supply (HDS) Tops Q3 EPS by 2c; Guides FY13; Names New CFO
Tweet
Share
E-mailGet Alerts HDS Hot Sheet
Join SI Premium – FREE
HD Supply Holdings (Nasdaq: HDS) reported Q3 EPS of $0.38, $0.02 better than the analyst estimate of $0.36. Revenue for the quarter came in at $2.3 billion, versus the consensus estimate of $2.29 billion.
Preliminary net sales in November were $633 million which represents 9.2 percent growth versus prior year (8.5 percent on an organic basis). There were 18 selling days in November and average daily sales were up 9.2 percent versus prior year. Preliminary November year-over-year average daily sales growth by business is Facilities Maintenance 8.1 percent, Waterworks 13.7 percent (9.7 percent on an organic basis), White Cap 9.2 percent and Power Solutions 7.4 percent.
HD Supply further announces the promotion of Evan Levitt to Chief Financial Officer, effective December 11, 2013, assuming the role from Ron Domanico who will be retiring, effective April 17, 2014. Levitt has served as the company's Vice President and Corporate Controller since 2007. Prior to joining HD Supply in 2007, Levitt served as the assistant controller and director of financial reporting at The Home Depot from 2004 to 2007.
Sees FY2013 EPS of $0.52 - $0.58, versus the consensus of $0.52. Also sees FY2013 revenue of $8.500 - $8.575 billion, versus the consensus of $8.61 billion.
For earnings history and earnings-related data on HD Supply Holdings (HDS) click here.
Preliminary net sales in November were $633 million which represents 9.2 percent growth versus prior year (8.5 percent on an organic basis). There were 18 selling days in November and average daily sales were up 9.2 percent versus prior year. Preliminary November year-over-year average daily sales growth by business is Facilities Maintenance 8.1 percent, Waterworks 13.7 percent (9.7 percent on an organic basis), White Cap 9.2 percent and Power Solutions 7.4 percent.
HD Supply further announces the promotion of Evan Levitt to Chief Financial Officer, effective December 11, 2013, assuming the role from Ron Domanico who will be retiring, effective April 17, 2014. Levitt has served as the company's Vice President and Corporate Controller since 2007. Prior to joining HD Supply in 2007, Levitt served as the assistant controller and director of financial reporting at The Home Depot from 2004 to 2007.
Sees FY2013 EPS of $0.52 - $0.58, versus the consensus of $0.52. Also sees FY2013 revenue of $8.500 - $8.575 billion, versus the consensus of $8.61 billion.
For earnings history and earnings-related data on HD Supply Holdings (HDS) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
- Birchtech Corp. (BCHT) Misses Q2 EPS by 7c
- zSpace, Inc. (ZSPC) Reports Q2 results
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Corp. News, Hot Guidance, Management Changes, Retail SalesRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
