HD Supply, Inc., Atlanta, GA, No. 2 on the list of top industrial distributors, reported sales the first quarter of $1.8 billion, a 14.2 percent increase over the same period a year ago. The distributor reported a loss of $360 million, compared to year-ago loss of $164 million.
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“We’ve had eight consecutive quarters of year-over-year sales growth,” CEO Joe DeAngelo said. “We have outstanding sales and EBITDA momentum in all of our businesses and have an uncompromised focus on growing our market share in our core leadership businesses.”
