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Home Depot Files For Notes Offering Of Upto $2 Bln - SEC Filing
Home Depot Inc Sees Preliminary Fiscal 2020 Total Sales Growth Of About 3.5 Percent To 4.0 Percent
Home Depot Declares Third Quarter Dividend Of $1.36
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. Its DIY customers are home owners purchasing products and completing their own projects and installations. The Company assists these customers with specific product and installation questions both in its stores and through online resources and other media designed to provide product and project knowledge. Its DIFM customers are home owners purchasing materials themselves and hiring third parties to complete the project or installation. Professional Customers are primarily professional renovators/remodelers, general contractors, repairmen, installers, small business owners and tradesmen.
Retail (Home Improvement)
2455 Paces Ferry Rd SE
Craig A. Menear
Chairman of the Board, President, Chief Executive Officer
Richard V. McPhail
Chief Financial Officer, Executive Vice President
Matthew A. Carey
Chief Information Officer, Executive Vice President
Teresa Wynn Roseborough
Executive Vice President, General Counsel and Corporate Secretary
Timothy A. Hourigan
Executive Vice President - Human Resources
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Spurred on by labor protections in the new North American trade deal, a top Mexican trade union has accused Home Depot <HD.N> of blocking union activity and threatened strikes next week if the U.S. home improvement chain does not improve pay and benefits for workers.
Wall Street's main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.
Home Depot Inc <HD.N>, the No. 1 U.S. home improvement chain, on Wednesday forecast 2020 sales below Wall Street expectations and said major investments in its online overhaul program would pressure margins next year.
The S&P 500 and the Nasdaq indexes opened slightly higher on Wednesday, with investors waiting for the Federal Reserve's decision on monetary policy, while losses in Boeing and Home pressured the Dow Jones index.
* Futures: Dow off 0.10%, S&P 500 up 0.14%, Nasdaq up 0.25% (Adds comments, updates price action)
Home improvement chain Home Depot Inc on Wednesday forecast fiscal 2020 sales growth below Wall Street expectations.
Lowe's Cos Inc <LOW.N> raised its annual profit forecast on Wednesday, helping ease concerns over the health of the U.S. consumer after larger rival Home Depot Inc <HD.N> cut its full-year sales estimates ahead of the all-important holiday season.
* Indexes: Dow down 0.40%, S&P off 0.09%, Nasdaq up 0.24% (Updates to early afternoon)
* Dow down 0.39%, S&P off 0.04%, Nasdaq up 0.26% (Updates market action)
Home Depot Inc <HD.N> said on Tuesday the marriage of its online and brick-and-mortar businesses was not yet generating as much revenue as it had expected, prompting the retailer to cut its 2019 sales forecast for the second time this year.
Wall Street's main stock indexes opened at record highs on Tuesday on continued optimism that the United States and China would put an end to their damaging trade war, despite a slide in retail stocks after dour forecasts from Home Depot and Kohl's.
Lowe's Cos Inc <LOW.N> shares surged over 11% on Wednesday as the home improvement chain's efforts to focus on higher-spending customers helped it beat quarterly profit estimates and gain ground on larger rival Home Depot Inc <HD.N>.
* Indexes down: Dow 0.17%, S&P 0.25%, Nasdaq 0.11% (Updates to early afternoon)
Home Depot Inc <HD.N> beat quarterly profit estimates on Tuesday as it sold more big-ticket items to high-spending builders and handymen, while flagging the potential impact of U.S. President Donald Trump's ongoing trade tussle with China on consumers.
U.S. stocks opened slightly lower on Tuesday, after three straight session of gains, but upbeat earnings from Dow Industrial component Home Depot limited losses.
Home Depot Inc on Tuesday blamed wet weather in February and a slump in lumber prices for its slowest growth in quarterly same-store sales in at least three years, while warning of a $1 billion impact from new tariffs on Chinese imports.
Home Depot Inc reported its slowest growth in quarterly same-store sales in at least three years on Tuesday and missed Wall Street estimates, as the home improvement chain was hurt by poor weather in February and a steep fall in lumber prices.
Home Depot Inc missed Wall Street estimates for quarterly same-store sales on Tuesday, hurt by poor weather in February and a steep fall in lumber prices.
Home Depot Inc, the world's biggest home improvement chain, said on Tuesday its chief financial officer, Carol Tomé, would retire on Aug. 31.
Tesla Inc on Wednesday reported a 36 percent slide in solar installations and said it had implemented a new selling strategy months after ending a partnership to sell the rooftop systems in busy Home Depot stores.
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