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

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

HD Supply Holdings, Inc. Announces Fiscal 2016 First-Quarter Results

June 7, 2016 6:00 AM EDT

Net Sales increased 7 percent to $1,781 million ($1,844 million including Interior Solutions)Operating Income improved 14 percent to $178 millionAdjusted EBITDA increased 14 percent to $215 million

ATLANTA, June 07, 2016 (GLOBE NEWSWIRE) -- HD Supply Holdings, Inc. (NASDAQ: HDS), one of the largest industrial distributors in North America, today reported Net sales of $1.8 billion for the first quarter of fiscal 2016 ended May 1, 2016, an increase of $121 million, or 7.3 percent, as compared to the first quarter of fiscal 2015.  The company believes its sales performance represents growth of approximately 400 basis points in excess of its market... More