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Broad sales gains at HD Supply Holdings in Q2

Sep. 09, 2014 6:51 AM ETHD Supply Holdings, Inc. (HDS) StockBy: Clark Schultz, SA News Editor
  • HD Supply Holdings (NASDAQ:HDS) saw all of its business units report Q2 sales growth of at least 7%, led by a 16% rise in sales for Construction & Industrial - White Cap.
  • Gross profit rate +10 bps to 29.5%.
  • Guidance: Average daily sales rose 10% Y/Y in August. Q3 sales of $2.43B-$2.50B is forecast.

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