HD Supply’s Q3 Sales Reach $1.6 Billion

Distributor reports 18 percent sales increase overall, 30 percent increase in construction and industrial business.

HD Supply, Inc. (NASDAQ: HDS), Atlanta, GA, reported sales of $1.6 billion for the third quarter of fiscal 2018, an increase of nearly 18 percent. Net income fell to $82 million, compared with $452 million a year ago, and included $406 million of income from discontinued operations, the company said.

Third-quarter sales in the distributor’s facilities maintenance business rose 7.4 percent to $810 million, and sales in its construction and industrial business rose 30 percent to $803 million, the company said.

 

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