The Home Depot Archives

Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22

Year-end reports of publicly traded distributors support Q4 Baird-MDM Quarterly Industrial Distribution Survey results. Public company commentary remains optimistic for strong year.

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March 2, 2022

Operations

Home Depot Adds 2 Board Members

The retailer announced the appointment of Paula Santilli, CEO of PepsiCo Latin America, and Caryn Seidman-Becker, chair and CEO of CLEAR.

March 1, 2022

Operations

Home Depot: 4Q Sales Up 10.7%

The world's largest home improvement retailer also reported 2021 year-end sales of more than $151 billion, a 14.4% increase.

February 22, 2022

Operations

Home Depot Names New CEO

The home improvement retailer says Edward "Ted" Decker has been named CEO and president, effective March 1.

January 31, 2022

Operations

Home Depot 3Q Sales Increase

The home improvement retailer reported 2021 3Q sales of $36.8 billion, an increase of $3.3 billion, or 9.8% from the same period last year.

November 17, 2021

Leadership

Home Depot Names New VP

The company says John Deaton has been named The Home Depot’s vice president of supply chain and product development.

October 22, 2021

Operations

Home Depot’s 2Q Sales Increase 8.1%

Home Depot’s latest results showed that sales to its DIY customers tapered off in 2Q as customers returned to outdoor activities.

August 18, 2021

Operations

Home Depot Opens Doors on Baltimore Distribution Center Campus

Home Depot’s new Baltimore area campus includes three distribution centers to speed up deliveries in the region.

August 12, 2021

Technology

Home Depot Tees-Up Online Rental Reservations for Equipment

Home Depot’s new online technology lets pro or do-it-yourself (DIY) customers reserve and rent equipment online up to 30 days in advance.

June 23, 2021

Operations

Home Depot Crushes 1Q Due to ‘Unprecedented Demand’

Home Depot’s first-quarter revenues increased 32.7% from the same quarter a year ago.

May 18, 2021

Operations

The Home Depot Opens Three DCs in Florida

Atlanta-based retail giant said it will open two more distribution centers in Miami in 2022.

April 15, 2021

Operations

Home Depot’s 2020 Sales Soar 19.9%

For the fourth quarter, the big-box retailer — and now the owner of distributor HD Supply — reported sales grew 25.1% to $32.3 billion.

February 23, 2021

Operations

The Home Depot Opens Massive DC in Dallas

Home improvement B2C and B2B giant has opened 1.5 million-square-foot distribution center in the Dallas-Fort Worth metro area

February 3, 2021

Operations

The Home Depot Completes Acquisition of HD Supply

Home improvement giant officially welcomes back distribution arm it had spun off to private equity in 2007.

December 28, 2020

Operations

HD Supply’s Third-Quarter Sales Up 0.3%

During the quarter ended Nov. 1, HD Supply completed the sale of its construction and industrial business to a private equity buyer for $2.8 billion.

December 7, 2020

Operations

The Home Depot to Open Two DCs in Newark Area

With addition of two distribution centers, home improvement giant The Home Depot will bring 400 jobs to the tri-state area.

December 2, 2020

Operations

Home Depot to Acquire HD Supply Holdings for $8.7 Billion

Building materials distributor HD Supply returns to the company that had sold it to private equity in 2007, though HD Supply went public in 2013 and has since reshaped its portfolio.

November 16, 2020

Leadership

The Home Depot Appoints President and COO

Home improvement retailer names Ted Decker to president and COO, and also makes four other executive appointments.

October 2, 2020

Operations

The Home Depot to Open Three New Distribution Centers in Georgia

With trio of new DCs designed to "meet the changing delivery needs of our DIY and Pro customers," The Home Depot is committing to an additional 1,000 new jobs in Greater Atlanta area.