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Home Depot earned $3.81 billion, or $3.81 per share, topping the $3.76 per share that industry analysts had expected, but it's down from last year when the Atlanta company earned $4.34 billion, or ...
Home Depot's sales continued to soften in the first quarter as the nation's largest home improvement retailer was not only constrained by high mortgage rates and higher inflation for its customers ...
Home Depot remains focused on the strength of the professional builder and contractor side of its business and catering to the needs of those customers. In March Home Depot announced that it was buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion including debt. SRS provides ...
Home Depot’s total annual sales will get a boost from its recently completed acquisition of SRS Distribution, a company that sells supplies to professionals in the landscaping, roofing or pool ...
Home Depot (NYSE: HD) has struggled the past two years, but you might not know it from its stock price. While the company has consistently seen negative same-store sales since the end of 2022, its ...
Nardelli, who regarded home improvement store-by-store sales as less important due to market saturation from competition such as Lowe's, aimed to dominate the wholesale housing-supply business through building up HD Supply, a unit that Blake sold for $8.5 billion in August 2007 since it was not part of Home Depot's integrated business. [5]