HDS - Weather and Execution Issues Crimp HD Supply's Second Quarter
Industrial tools, materials, and facilities maintenance supply organization HD Supply (NASDAQ: HDS) issued results for its fiscal second quarter on Sept. 10. While the company's revenue and earnings fell within previously issued guidance, its forecast for the entire year was found wanting by investors, as shares declined 4% in the trading session following the report's release. Below, we'll review the quarter and the specific issues that have limited HD Supply's ability to generate financial momentum this year. Note that all comparative numbers in this article are presented against those of the prior-year quarter.
Data source: HD Supply Holdings.
Image source: Getty Images.