Materially changing market conditions caused by the COVID-19 pandemic have impacted the companys previously announced timeline to separate its Facilities Maintenance and Construction & Industrial businesses.
Latest In HD Supply
Facilities Maintenance will retain HD Supply name, Construction & Industrial-White Cap will separate.
The companys second-quarter net income increased 3.1% to $135 million compared to the year-ago period.
Construction and industrial sales increased 8.3% in the fiscal first quarter.
Fourth-quarter sales up 22.2% year-over-year.
Distributor reports 18 percent sales increase overall, 30 percent increase in construction and industrial business.
Anna Stevens, vice president of human resources, honored by Georgia Diversity Council.
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Bradley Paulsen to replace William Stengel as president of the companys Facilities Maintenance business.
Distributor reports 34 percent growth in Construction & Industrial business in fiscal second quarter.
Distributor reports strong start to the year with solid growth in fiscal first quarter.
Fourth-quarter sales up 9 percent year-over-year.
The company also promoted Jeremiah George to regional vice president for the Midwest.
Market leaders kick off 2018 with sector-shifting transactions.
Deal valued at $380 million is smart move for both companies.
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The purchase will enhance the company's position in the northeastern United States.
Former HD Supply Waterworks quickly makes inaugural acquisition.
Sales for the first six months increased 4.4 percent year-over-year.
The company was acquired from HD Supply in August.
Complaint alleges company misled investors on compliance, operational and business policies.
