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Posted September 5, 2018

HD Supply sales rise 18.3 percent

HD Supply Holdings reported net sales of $1.6 billion for the second quarter of fiscal 2018, an increase of 18.3 percent compared to the second quarter of fiscal 2017.


Organic sales growth for the second quarter of fiscal 2018 was 10.1 percent, as compared to the second quarter of fiscal 2017.

Net income decreased $311 million, or 70.4 percent, to $131 million for the second quarter of fiscal 2018, as compared to $442 million for the second quarter of fiscal 2017. Net income in the second quarter of fiscal 2017 included $361 million of Income from discontinued operations, net of tax.

Facilities Maintenance net sales increased $51 million, or 6.6 percent, to $820 million, compared to $769 million for the second quarter of fiscal 2017.

Construction & Industrial net sales increased $197 million, or 33.7 percent, to $781 million,  compared to $584 million for the second quarter of fiscal 2017. Organic sales growth was approximately 14.7 percent.

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