HD Supply Holdings (HDS) Reports In-Line Q2 EPS

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Go back to HD Supply Holdings (HDS) Reports In-Line Q2 EPS

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

September 7, 2016 6:00 AM EDT

ATLANTA, Sept. 07, 2016 (GLOBE NEWSWIRE) -- HD Supply Holdings, Inc. (NASDAQ: HDS), one of the largest industrial distributors in North America, today reported Net sales of $2.0 billion for the second quarter of fiscal 2016 ended July 31, 2016, an increase of $79 million, or 4.1 percent, as compared to the second quarter of fiscal 2015.  The company believes its sales performance represents growth of approximately 100 basis points in excess of its market growth estimate.

We delivered solid growth, operating leverage and cash conversion in the quarter while simultaneously investing in long-term productivity and growth, stated Joe DeAngelo,... More