CFO: Weather and weaker-than-expected markets cut sales by $110 million.
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Latest In HD Supply
All four major business segments posted sales increases for the quarter.
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The HD Supply business adds a new location and expands a facility.
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A summary of key distribution deals and what they mean in June 2013.
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Proceeds from the IPO will be used to retire $950 million in debt.
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HD Supply plans to use proceeds of IPO to pay off debt.
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HD Supply Facilities Maintenance opened a new distribution center near Birmingham, AL.
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Growth includes two new facilities and one facility expansion.
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Openings include a new White Cap headquarters in Georgia.
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Sales for the industrial and construction supplies distributor were up 14.3% in fiscal year 2012.
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Lance Devin has been with Creative Touch Interiors for eight years.
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Reuters reporting that HD Supply’s private equity owners seeking $8.5 billion.
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The diversified distributor reported a loss of $50 million for the quarter.
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The purchase enhances Waterworks capabilities in the South Central U.S.
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The distributor reported a loss of $56 million for the period.
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HD Supply Power Solutions will operate in three geographic regions.
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President: Promotions part of a ‘strategic realignment.’
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The 2012-13 catalog has more than 16,000 products.
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The purchase enhances depth, diversity of products for HDs Facilities Maintenance business unit.
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Losses increased for the diversified distributor.
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