The 2020 Mid-Year Economic Update_long

HD Supply Sales Up 18.1% in 2018

Fourth-quarter sales up 22.2% year-over-year.

HD Supply Holdings Inc. (NASDAQ: HDS), Atlanta, GA, reported sales for 2018 of $6 billion, an increase of 18.1% year-over-year. Profit was $394 million, compared to $970 million the prior year.

Fourth-quarter sales were $1.4 billion, up 22.2% from the previous year quarter. The company reported a profit of $92 million, up from a loss of $9 million in the prior year quarter.

Fourth-quarter sales for facilities maintenance were up 14.6% year-over-year to $736 million and Construction & Industrial sales were up 31.2% to $711 million. 

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