Free Historical Stock Data on Hughes Supply
Stock Symbol: HUG
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Hughes Supply, Inc., founded in 1928, is a diversified wholesale distributor of construction, repair and maintenance related products. The Company distributes over 350,000 products to more than 100,000 customers through its 486 branches located in 38 states. Hughes Supply's customers include electrical, plumbing and mechanical contractors, public utilities, property management companies, municipalities and industrial companies. Hughes Supply is organized on a product line basis into six segments that are Water and Sewer; Plumbing/Heating, Ventilating and Air Conditioning (HVAC); Maintenance, Repair and Operations (MRO); Utilities; Electrical, and Industrial Pipe, Valves and Fittings (PVF). The Company includes in an all other category its Building Materials, Fire Protection and Mechanical Industrial product lines. In November 2004, Hughes acquired Southwest Power, Inc. and Western States Electric, Inc. from a common private ownership group.
For the 39 weeks ended 10/29/04, revenues increased 34% to $3.3 billion. Net income totalled $103 million, up from $48.3M. Revenues reflect increase product sales. Earnings also benefitted from increased margins.