6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
HD Supply Inc., Atlanta, GA, No. 2 on MDM’s list of the top 40 industrial distributors, reported sales for the fiscal 2011 third quarter ended Oct. 30, 2011, were $2.1 billion, an increase of 10.7 percent from the year-ago period.
Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.
Loss from continuing operations was $106 million. Gross profit was $580 million, or 28 percent of sales.
Sales for the first nine months were $5.9 billion, an increase of 8.7 percent from the year-ago period. Loss from continuing operations for the first nine months was $360 million.
HD Supply announced a number of investments and changes to the business.
As of Sept. 9, 2011, the distributor sold its Plumbing/HVAC business to Hajoca Corp. Results of those operations were included in discontinued operations for the period.