Net Sales Grow For HD Supply

HD Supply Holdings Inc. had net sales of $827.5 million for the third quarter of 2020, an increase of 0.3 per cent over net sales in the third quarter of 2019. Operating income was 14.6 per cent of net sales for the quarter, down approximately 70 basis points from 15.3 per cent in the year-ago period. Net income was $1,608.2 million compared to $131.9 million, with the increase primarily due to the gain on the sale of the construction and industrial business.