HD Supply Holdings (HDS) Tops Q1 EPS by 2c; Prelim. May Sales Up 9.6%

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HD Supply Holdings, Inc. Announces Fiscal 2014 First-Quarter Results

June 10, 2014 5:59 AM EDT

Net Sales increased 6 percent to $2,161 million Operating Income improved 18 percent to $119 million Adjusted EBITDA increased 15 percent to $190 million Adjusted Net Income per diluted share increased $0.31 to $0.20 (Net Loss per diluted share of $0.06)

ATLANTA, June 10, 2014 (GLOBE NEWSWIRE) -- HD Supply Holdings, Inc. (Nasdaq: HDS), one of the largest industrial distributors in North America, today reported Net sales for the first quarter of fiscal 2014 ended May 4, 2014 of $2.2 billion, an increase of $113 million, or 6 percent, as compared to the first quarter of fiscal 2013. The first quarter performance represents the sixteenth consecutive... More