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Latest In The Home Depot
Lumber deflation and unfavorable weather drove The Home Depot’s earnings in the first quarter of 2023 below expectations.
The company named William 'Billy' Bastek Executive Vice President of Merchandising, effective immediately.
Sales for 4Q 2022 were $35.8 billion, an increase of $112 million (or 0.3%) from the same quarter a year before.
On Jan. 5, the home improvement retailer unveiled three new membership tiers: Member, Elite and VIP.
The energy will generate the approximate equivalent of nearly 8% of the company's total electricity usage, The Home Depot said.
The company also reaffirmed its fiscal 2022 guidance, including comparable sales growth of approximately 3%.
It’s designed to connect skilled tradespeople to hiring trades professionals in the construction and home improvement industries.
The reporting will expand on information previously provided in Home Depot's ESG report.
The home improvement company said its year-over-year second-quarter sales increased 6.5%, or $2.7 billion.
Despite impressive first-quarter sales and profit numbers for major distributors, stakeholders may still notice a hint of caution in the air as the calendar turns to summer. Download MDM's May 2022 Premium Monthly issue to read more.
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The home improvement company also reported fiscal first-quarter 2022 net earnings of $4.2 billion.
The home improvement company named Matt Carey EVP of customer experience and Fahim Siddiqui as EVP and chief information officer.
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The retailer announced the appointment of Paula Santilli, CEO of PepsiCo Latin America, and Caryn Seidman-Becker, chair and CEO of CLEAR.
The world's largest home improvement retailer also reported 2021 year-end sales of more than $151 billion, a 14.4% increase.
The home improvement retailer says Edward "Ted" Decker has been named CEO and president, effective March 1.
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.
The company says John Deaton has been named The Home Depot’s vice president of supply chain and product development.
