Benzinga | Sep 9, 2020 07:04AM EDT

Recap: HD Supply Q2 Earnings

Shares of HD Supply Holdings (NASDAQ:HDS) rose 1.8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 23.15% over the past year to $0.83, which beat the estimate of $0.73.

Revenue of $1,552,000,000 decreased by 4.43% from the same period last year, which beat the estimate of $1,550,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

HD Supply Holdings hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Sep 09, 2020

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/82q5btu4

Technicals

52-week high: $43.37

Company's 52-week low was at $21.69

Price action over last quarter: Up 9.35%

Company Description

Through a combination of acquisitions and organic growth, HD Supply has become one of the largest industrial distributors in North America. It is the market leader in the two sectors in which it operates (facilities and home improvement maintenance, repair, and operations and specialty construction). Today, HD Supply offers 650,000 stock-keeping units and serves 500,000 customers through 270 branches across the United States and Canada. HD Supply expects to sell its construction and industrial business for $2.9 billion in October 2020.