HD Supply Holdings Inc (NASDAQ: HDS) stock fell 5.81% on June 11 th, 2019 and continued its bearish momentum even on 12 th June, 2019 (as of 11:00 am GMT-4; Source: Google finance) falling over 0.05%. The company posted better than expected results for the first quarter of FY 19 but lowered its full-year outlook. Net income for the quarter rose to $102 million from $90 million in the same period a year ago. in the last 12 months, HDS had generated $540 million of free cash flow. HDS had invested $26 million in capital expenditures in the first quarter of 2019, in line with the ongoing annual capital expenditures of approximately 2% of annual sales. As of the end of the first quarter of 2019, the net debt-to-adjusted EBITDA leverage was 2.4 times, comfortably within the targeted range of 2 times to 3 times.