Materially changing market conditions caused by the COVID-19 pandemic have impacted the companys previously announced timeline to separate its Facilities Maintenance and Construction & Industrial businesses.
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Facilities Maintenance will retain HD Supply name, Construction & Industrial-White Cap will separate.
The companys second-quarter net income increased 3.1% to $135 million compared to the year-ago period.
Construction and industrial sales increased 8.3% in the fiscal first quarter.
Distributor reports 18 percent sales increase overall, 30 percent increase in construction and industrial business.
Anna Stevens, vice president of human resources, honored by Georgia Diversity Council.
Bradley Paulsen to replace William Stengel as president of the companys Facilities Maintenance business.
Distributor reports 34 percent growth in Construction & Industrial business in fiscal second quarter.
Distributor reports strong start to the year with solid growth in fiscal first quarter.
The company also promoted Jeremiah George to regional vice president for the Midwest.
Market leaders kick off 2018 with sector-shifting transactions.
Deal valued at $380 million is smart move for both companies.
The purchase will enhance the company's position in the northeastern United States.
Former HD Supply Waterworks quickly makes inaugural acquisition.
Sales for the first six months increased 4.4 percent year-over-year.
The company was acquired from HD Supply in August.
Complaint alleges company misled investors on compliance, operational and business policies.