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Posted June 11, 2019

HD Supply sales up 7.5 percent

HD Supply Holdings reported net sales of $1.5 billion for the first quarter of fiscal 2019, an increase of 7.5 percent compared to the first quarter of fiscal 2018.


Organic sales growth for the quarter was 5.8 percent.

Net income increased $18 million, or 20.2 percent, to $107 million for the first quarter of fiscal 2019, as compared to $89 million for the first quarter of fiscal 2018. Net income per diluted share increased to 63 cents in the quarter compared to 48 cents in the same period last year.

Facilities Maintenance net sales increased 6.8 percent to $772 million in the first quarter of fiscal 2019, compared to $723 million for the first quarter of fiscal 2018.

Construction & Industrial net sales increased 8.3 percent to $721 million in the quarter, compared to $666 million for the first quarter of fiscal 2018.

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