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HDS - Business Sale Brings Opportunities For HD Supply Holdings
HD Supply Holdings Inc.
Adjusting Time For HDS
HD Supply Holdings (HDS), after the sale of its Construction & Industrial (or C&I) division, will focus entirely on the core competence in the Facilities Maintenance business. However, the pandemic brought a lasting adverse effect on the hospitality end market, which reflects in lower revenue per available room. On the other hand, an improvement in construction activity and the multifamily, healthcare, and institutional verticals have kept its August sales figure higher than its recent average.
HDS plans to bring its leveraged balance sheet in order with the proceeds from