HD Supply (HDS) Tops Q3 EPS by 2c; Guides FY13; Names New CFO

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HD Supply Holdings, Inc. Announces Fiscal 2013 Third-Quarter Results and the Promotion of Evan Levitt to Chief Financial Officer

December 10, 2013 6:00 AM EST

Net Sales increased 7 percent to $2.3 billion; 14th consecutive quarter of year-over-year growth Operating Income improved 40 percent to $160 million Adjusted EBITDA increased 11 percent to $226 million Adjusted Net Income per diluted share of $0.38 (Net Income per diluted share of $0.26)

ATLANTA, Dec. 10, 2013 (GLOBE NEWSWIRE) -- HD Supply Holdings, Inc. (Nasdaq: HDS), one of the largest industrial distributors in North America, today reported net sales for the third quarter of fiscal 2013 ended November 3, 2013 of $2.3 billion, an increase of $151 million, or 7 percent, as compared to the third quarter of fiscal 2012. Organic sales growth was... More