HD Supply Holdings (HDS) Tops Q1 EPS by 6c, Beats on Revenues; Boosts FY Guidance

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HD Supply Holdings, Inc. Announces Fiscal 2018 First-Quarter Results, Raises Full-Year Guidance

June 5, 2018 6:00 AM EDT

ATLANTA, June 05, 2018 (GLOBE NEWSWIRE) -- HD Supply Holdings, Inc. (NASDAQ: HDS), one of the largest industrial distributors in North America, today reported Net sales of $1.4 billion for the first quarter of fiscal 2018 ended April 29, 2018, an increase of $173 million, or 14.2 percent, as compared to the first quarter of fiscal 2017.  Organic sales growth for the first quarter of fiscal 2018 was 9.9 percent, as compared to the first quarter of fiscal 2017.

"I am proud of the teams performance in the first quarter. Despite difficult weather conditions in many regions, we delivered impressive sales... More