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Home Depot Reports Q1 EPS Of $2.08
Home Depot Says Executed "Stop-Sale" On All N95 Masks In Stores, Homedepot.com
Home Depot Files For Pricing Of Five-Part, Notes Offering Of Up To $5.0 Billion
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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Price To Sales (TTM)
Price To Book (MRQ)
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Total Debt To Equity (MRQ)
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Return on Equity (TTM)
Lowe's Cos Inc <LOW.N> warned on Wednesday that high spending on do-it-yourself projects by people hunkered down at home due to coronavirus lockdowns would taper off in the coming months, as a deep economic recession looms on the horizon.
Home Depot Inc <HD.N> missed estimates for quarterly profit on Tuesday, as the home improvement chain spent about $850 million on benefits for employees keeping its stores and warehouses running through the COVID-19 pandemic.
* Futures dip: Dow down 0.54% , S&P down 0.51% , Nasdaq down 0.28%
Home Depot Inc reported a 6.4% rise in quarterly same-store sales on Tuesday, as the COVID-19 pandemic caused a surge in demand for cleaning supplies and masks at the home improvement chain's stores.
United Parcel Service Inc <UPS.N> on Thursday appointed former Home Depot <HD.N> executive Carol Tomé as chief executive officer, effective June 1.
United Parcel Service Inc on Thursday named former Home Depot executive Carol Tomé as chief executive officer, effective June 1.
Lowe's Cos Inc <LOW.N> reported lower-than-expected quarterly sales on Wednesday as it failed to make the most of the strongest U.S. home building market since 2006 unlike larger rival Home Depot Inc <HD.N>.
Lowe's Cos Inc on Wednesday missed quarterly same-store sales estimates as the home improvement chain faced stiff competition from larger rival Home Depot Inc, and forecast annual earnings below estimates.
Home Depot Inc <HD.N> benefited from a solid U.S. housing market and higher job growth that led consumers to spend more at its stores in the holiday shopping quarter, helping the home improvement chain beat sales and profit estimates.
Home Depot Inc beat quarterly sales and profit estimates on Tuesday, boosted by a strong U.S. housing market and demand during the holiday season.
A top Mexican trade union said on Monday it has suspended its threat to launch a strike at Home Depot stores across Mexico over labor demands, adding it is in talks with the U.S. home improvement chain to improve pay and benefits for workers.
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)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.