HD Supply Organic Sales Down 6.5% - Modern Distribution Management

HD Supply Organic Sales Down 6.5%

The Home Depot, Atlanta, GA, reported first-quarter profit of $1 billion, compared with $1.5 billion in the same period in fiscal 2006.
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Sales for the first quarter totaled $21.6 billion, a 0.6% increase from the first quarter of fiscal 2006. Total sales in the retail segment declined 4.3% to $18.5 billion, and comparable store sales declined 7.6%.

Total sales in the HD Supply segment grew by 46% to $3.1 billion, reflecting sales from acquired businesses. Organic sales were down 6.5%.
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The housing market continues to be a challenge, and erratic weather conditions across the United States negatively affected our spring selling season,” said Frank Blake, chairman & CEO.
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Earlier this year Home Depot announced that it was conducting …

The Home Depot, Atlanta, GA, reported first-quarter profit of $1 billion, compared with $1.5 billion in the same period in fiscal 2006.
&nbsp ;
Sales for the first quarter totaled $21.6 billion, a 0.6% increase from the first quarter of fiscal 2006. Total sales in the retail segment declined 4.3% to $18.5 billion, and comparable store sales declined 7.6%.

Total sales in the HD Supply segment grew by 46% to $3.1 billion, reflecting sales from acquired businesses. Organic sales were down 6.5%.
&nbsp ;
The housing market continues to be a challenge, and erratic weather conditions across the United States negatively affected our spring selling season,” said Frank Blake, chairman & CEO.
&nbsp ;
Earlier this year Home Depot announced that it was conducting …

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