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HDS - HD Supply Holdings: Risk Factors Weigh Over The Growth Prospect
HD Supply Holdings Inc.
HDS Faces Uncertain Times
The uncertainty over the lockdown following the virus outbreak and the energy price crash will pull down HD Supply Holdings’ (HDS) outlook in the short term. Although I expect the U.S. government’s relief package will bolster investors’ sentiment, it cannot make up for the economic loss over the demand concerns. Before things went south, the economic indicators were holding steady or showing signs of improvement. While the Q1 financial results may not deteriorate too much, the full effect of the current recession will start reflecting in Q2. Hence, I