Comparing the current results to its competitors, Hd Supply Holdings Inc reported Revenue decrease in the 3 quarter 2020 year on year by -49.67 %, despite the revenue increase by the most of its competitors of 7.08 %, recorded in the same quarter.
Hd Supply Holdings inc Net Income in the 3 quarter 2020 grew year on year by 1118.33%, faster than the Hd Supply Holdings Inc 's competitors average income growth of 59.76 %
Hd Supply Holdings Inc 's Comment on Competitors and Industry Peers
We operate in a highly fragmented industry and hold leading positions in multiple
market sectors. Competition, including our competitors and specific competitive
factors, varies for each market sector. The majority of our competition comes
from mid-size regional distributors and small, local distributors; however, we
also face competition from a number of national competitors, including Fastenal,
Grainger, MSC Industrial, Watsco, Interline Brands (a Division of Home Depot)
and Ferguson (a Division of Wolseley plc).
We believe the principal competitive factors for our market sectors include
local selling capabilities, availability, breadth and cost of materials and
supplies, technical knowledge and expertise, value-add service capabilities,
customer and supplier relationships, reliability and accuracy of service, effective
use of technology, delivery capabilities and timeliness, pricing of products,
and the provision of credit. We believe that our competitive strengths and strategy
allow us to compete effectively in our market sectors.