U.S. Markets closed

Free Research Report as HD Supply's Quarterly Sales Jumped 9%; Adjusted EPS Soared 113%

Stock Monitor: Fastenal Post Earnings Reporting

LONDON, UK / ACCESSWIRE / April 20, 2018 / Active-Investors.com has just released a free earnings report on HD Supply Holdings, Inc. (NASDAQ: HDS). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=HDS. HD Supply reported its fourth quarter and fiscal 2017 operating and financial results on March 13, 2018. One of the largest industrial distributors in North America outperformed top- and bottom-line expectations and provided guidance for the upcoming quarter and fiscal year.Register today and get access to over 1,000 Free Research Reports by joining our site below:


Active-Investors.com is currently working on the research report for Fastenal Company (NASDAQ: FAST), which also belongs to the Services sector as the Company HD Supply Holdings. Do not miss out and become a member today for free to access this upcoming report at:


Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, HD Supply Holdings most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:


Earnings Highlights and Summary

For the quarter ended January 28, 2018, HD Supply's net sales jumped 9.0% to $1.18 billion compared to $1.09 billion for Q4 2016. The Company's reported numbers beat analysts' estimates of $1.16 billion.

HD Supply's net sales totaled $5.1 billion for the full-year of fiscal 2017 ended January 28, 2018, reflecting an increase of 6.3% compared to sales of $4.8 billion for FY16.

During Q4 2017, HD Supply's gross profit rose 8.6% to $468 million compared to $431 million for Q4 2016. The Company's gross profit was 39.6% of net sales in the reported quarter, down approximately 10 basis points from 39.7% of net sales in the year-earlier comparable quarter.

For Q4 2017, HD Supply's operating income advanced 14.7% to $117 million compared to $102 million for Q4 2016. The Company's operating income as a percentage of net sales was 9.9% for the reported quarter, up approximately 50 basis points from 9.4% in the prior year's same quarter. HD Supply's adjusted EBITDA surged 24.6% to $152 million in Q4 2017 compared to $122 million for Q4 2016.

HD Supply's net loss was $9 million, or $0.05 per diluted share, for Q4 2017 compared to net income of $52 million, or $0.26 per diluted share, for Q4 2016. The Company's reported quarter results included a $72 million non-cash charge for the remeasuring of the Company's US deferred tax assets and liabilities resulting from the Tax Cuts and Jobs Act of 2017.

HD Supply's adjusted net income increased to $91 million, or $0.49 per diluted share, compared to $47 million, or $0.23 per diluted share, for Q4 2016. The Company's earnings beat Wall Street's estimates of $0.44 per share.

For FY17, HD Supply's net income totaled $970 million, or $5.01 per diluted share, compared to $196 million, or $0.97 per diluted share, for FY16. The increase in net income was attributed to a $732 million gain in FY17, on the sale of the Company's Waterworks business unit which was completed in August 2017, partially offset by a $72 million non-cash charge as a result of the Tax Cuts and Jobs Act of 2017.

For FY17, HD Supply's adjusted net income increased to $447 million, or $2.31 per diluted share, compared to $302 million, or $1.50 per diluted share, for FY16.

HD Supply Holdings' Business Unit Performance

During Q4 2017, the Facilities Maintenance segment's net sales rose 3.5% to $642 million compared to $620 million for Q4 2016. The segment's adjusted EBITDA advanced 15.9% to $102 million in the reported quarter compared to $88 million for the year-earlier corresponding quarter. The Facilities Maintenance segment's adjusted EBITDA as a percentage of net sales was 15.9% for Q4 2017, up approximately 170 basis points from 14.2% for Q4 2016.

For Q4 2017, the Construction & Industrial segment's net sales advanced 16.3%, to $542 million compared to $466 million for Q4 2016. The segment's adjusted EBITDA surged 47.1% to $50 million for the reported quarter versus $34 million in the year-earlier same quarter. Construction and Industrial's segment's adjusted EBITDA as a percentage of net sales was 9.2% in Q4 2017, up approximately 190 basis points from 7.3% in Q4 2016.

Cash Matters

As of January 28, 2018, HD Supply's combined liquidity of $1.23 billion was comprised of $558 million in cash and cash equivalents and $674 million of additional available borrowings under the Company's senior asset-backed lending facility, based on qualifying inventory and receivables.


For first-quarter 2018, HD Supply is forecasting net sales to be in the range of $1.33 billion to $1.38 billion, adjusted EBITDA in the range of $174 million to $184 million, and adjusted net income in the range of $0.60 to $0.66 per diluted share.

For the full year of fiscal 2018, HD Supply is projecting net sales to be in the range of $5.76 billion and $5.91 billion, adjusted EBITDA in the band of $815 million and $855 million, and adjusted earnings in the range of $2.99 and $3.21 per diluted share.

Stock Performance Snapshot

April 19, 2018 - At Thursday's closing bell, HD Supply's stock marginally dropped 0.33%, ending the trading session at $39.25.

Volume traded for the day: 1.88 million shares.

Stock performance in the last month – up 1.55%; previous three-month period – up 2.48%; past six-month period – up 8.70%; and last twelve-month period – up 0.26%

After yesterday's close, HD Supply's market cap was at $7.37 billion.

Price to Earnings (P/E) ratio was at 31.76.

The stock is part of the Services sector, categorized under the Industrial Equipment Wholesale industry.


Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors