HD Supply’s Sales Up 14% - Modern Distribution Management

HD Supply’s Sales Up 14%

Distributor reports strong start to the year with solid growth in fiscal first quarter.

HD Supply Holdings Inc. (NASDAQ: HDS), Atlanta, GA, reported sales of $1.4 billion for the first quarter of fiscal 2018 ended April 29, 2018, a 14.2 percent increase compared to the first quarter of fiscal 2017. Net income increased nearly 5 percent to $89 million for the first quarter, compared the year-ago period.

HD Supply's Chairman and CEO Joe DeAngelo said the company performed well despite difficult weather conditions in many regions in the early part of 2018.

 

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