The company posted sales increases for both its business segments in the quarter. Monthly net sales for May, June, and July amounted to $488 million, $486 million and $626 million, respectively. Preliminary net sales in August were around $513 million, reflecting average daily sales growth of approximately 17.7% on a year-over-year basis.
For the third quarter of 2018, HD Supply expects net sales of $1.56 billion to $1.61 billion, which translates to a growth of around 16% at the midpoint of the range. Adjusted EPS is expected to be $0.95 to $1.00 for the quarter.
For the full year of 2018, net sales are expected to come in between $5.9 billion to $6 billion and adjusted EPS is supposed to be $3.22 to $3.35.
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