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Headquarters: Atlanta, GA
2014 Revenues: $8.9 billion
Change in Sales from 2013: 7.9%
2014 Divestments: Litemor; HD Supply Hardware Solutions
Key Executives: Joseph Deangelo, president & CEO; Evan Levitt, senior vice president & CFO
Streamlining was the name of the game HD Supply in fiscal 2014, which ended on Feb. 1, 2015. The distributor disposed of its Litemor business in Canada and sold its hardware solutions business to Home Depot. The Home Depot was the largest customer of hardware solutions, accounting for about 98 percent of its annual sales.
Weather has been a challenge for HD Supply since the beginning of 2015, with the company estimating that 180 branch days faced full or partial closings during the first quarter due. Its Waterworks business saw the broadest impact. Despite those challenges, sales were up 6 percent in the fiscal 2015 first quarter.
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