Content about HD Supply

Las Vegas -- One in two men and one in three women will be diagnosed with cancer in their lifetime. The hardware and home building industry are working to change those numbers.

The 2013 City of Hope Spirit of Life Celebration held here on the eve of the International Builders' Show marked the culmination of a year of fundraising. City of Hope’s Hardware and Homebuilding Industry (HHI) honored Joe DeAngelo, president and CEO of HD Supply, with its 2013 Spirit of Life Award.

HD Supply has reported net sales for its second fiscal quarter of 2011 of $2.2 billion, an increase of $195 million, or 10%, over sales in the same quarter of 2010. Loss from continuing operations for the second quarter of fiscal 2011 was $101 million, compared with a loss from continuing operations of $115 million for the second quarter of fiscal 2010. Excluding income taxes, loss from continuing operations was $86 million in the second quarter of fiscal 2011, compared with a loss of $45 million in the corresponding quarter of fiscal 2010. 

Atlanta-based HD Supply reported a third-quarter net loss of $99 million, compared with a loss of $267 million for the same period last year.

Sales for the three-month period ended Oct. 31 were $1.99 billion, up 3.2% from $1.93 billion reported last year.