Company sees pro customers as huge growth driver for 2017.
Latest In Interline Brands
Home improvement retailer took further steps toward full integration on Interline into its pro sales.
Interline addition boosts bottom line, commitment to distribution business.
Industry consolidation ramps up with blockbuster transactions throughout year.
Ken Sweder will succeed Michael Grebe as CEO.
CEO: No plans to continue to acquire more capability.
The Home Depot's acquisition of Interline Brands headlines mammoth month in M&A.
Year-to-date sales up 5.1 percent from same period in 2014.
Retailer's plan to acquire Interline Brands presents a new way to consider the future of distribution.
The $1.6 billion sale enhances Home Depot's ability to serve facilities maintenance customers.
The company reported a loss for the quarter of $3.8 million.
Five brands totaling $850 million in annual sales now known as SupplyWorks.
Company reports net loss of $47.1 million for fiscal year.
Fred Pensotti will become new chief financial officer.
CEO: Weather in first two months of year affected demand and ability to ship product.
The key to success in new markets is allocating resources effectively.
