Home Depot Archives | HomeWorld Business

Home Depot

Wall Street Bullish On Home Depot, Lowe’s

September 19, 2019

This is the ninth installment of a special series, presented by the National Hardware Show, exploring key trends and developments driving the growth of housewares and home goods in the home improvement retail business.

The home improvement retail sector has demonstrated it is well equipped to overcome retail market disruption, including e-commerce pressure and worries of looming economic slowdowns.

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Financials

Home Depot Gains Sales Momentum In Q2

August 20, 2019

The Home Depot gained comp sales momentum in the second quarter, while updating its guidance with an eye on the new tariffs taking effect.

Retail

Home Depot Supports Midwest Relief Efforts

June 7, 2019

As a record number of tornadoes and flooding continue to affect the Midwest and neighboring states, The Home Depot is supporting clean-up and relief efforts, including a commitment of up to $250,000 by The Home Depot Foundation.

Financials

Home Depot Delivers Q1 Sales Growth

May 21, 2019

The Home Depot delivered a positive performance in its first quarter, reporting an increase in both net sales and earnings.

Retail

Home Depot Names McPhail Chief Financial Officer

April 30, 2019

The Home Depot said that Carol Tomé, chief financial officer and evp/corporate services, has decided to retire on August 31, 2019, after 24 years of service. Richard McPhail, svp/finance control and administration, will be promoted to evp/chief financial officer following her retirement.

Other

Home Improvement Spotlights Housewares

April 29, 2019

The 2019 National Hardware Show in Las Vegas (May 7-9) marks the 14th year for HomeWorld Business as the show’s official housewares publication. The partnership reflects the commitment by the show to keep housewares in the home improvement retailing spotlight.

Retail

Home Depot Hiring For Spring Season

March 5, 2019

The Home Depot is aiming to hire 80,000 associates for its busy spring season with a new hiring technology built by the company’s in-house engineers.

Retail

Home Depot Invests In Roadie Crowdsourced Delivery

February 25, 2019

Roadie, a company that uses passenger car drivers to provide home delivery to consumers and other recipients, has gained new funding, including from The Home Depot.

Retail

Home Depot Recognized For Environmental Initiatives

February 13, 2019

CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change A List for the retailer’s actions to cut carbon emissions and mitigate climate risks.

Retail

eMarketer: Walmart Overtakes Apple In E-Commerce Rankings

November 19, 2018

According to eMarketer, Walmart will overtake Apple to become the third largest e-commerce retailer in the U.S. by the end of the year, with online sales growth outpacing even Amazon.com gains.

Financials

Home Depot Beats Q3 Wall Street Earnings Expectations

November 13, 2018

The Home Depot exceeded Wall Street expectations in a third quarter when net earnings were $2.87 billion, or $2.51 per diluted share, versus $2.17 billion, or $1.84 per diluted share, in the year-previous quarter.

Retail

Home Depot Appoints Kadre To Board Of Directors

October 10, 2018

The Home Depot has appointed Manuel Kadre, chairman and CEO of MBB Auto Group, to its board of directors.

Retail

Home Depot Rolls Out Express Delivery Service

September 26, 2018

The Home Depot has rolled out express same-day and next-day local delivery for more than 20,000 of its most popular items to 35 major metro areas across the U.S.

Retail

Home Depot Supports Disaster Relief Efforts

September 24, 2018

The Home Depot Foundation has increased its financial support to $3 million for relief efforts and communities impacted by recent disasters, including Hurricane Florence, Olivia, the California wildfires and flooding in the Midwest.

Financials

Home Depot Soars In Q2

August 14, 2018

Home Depot’s earnings and sales soared in the home improvement retailer’s strong second quarter.

Executive Profile

Robert Wilburn, The Home Depot, Online Merchant, Housewares and Small Electrics

July 24, 2018

The July 23 issue of HOMEWORLD BUSINESS® features the 19th annual Impact Merchants special report. Housewares suppliers, representing the categories that HomeWorld covers, once again were asked to nominate buyers and merchandisers believed to have made a significant impact during the past year.

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Retail

Lowe’s Appoints McFarland EVP/Stores

July 23, 2018

Lowe’s has appointed Joseph McFarland III executive vice president, stores, effective August 15.

Retail

Macy’s Names Krishna Chief Technology Officer

June 14, 2018

Macy’s has named Naveen Krishna as its new chief technology officer, effective June 16.

Retail

J.C. Penney’s Ellison Resigns, Takes CEO Role At Lowe’s

May 22, 2018

Lowe’s has named Marvin Ellison president and CEO, effective July 2. He will also join Lowe’s board of directors at that time. Ellison succeeds Robert Niblock, who previously announced his intention to retire.

Financials

Home Depot Q1 Gains As Average Ticket Boosts Comps

May 15, 2018

Despite a slow start to the spring selling season, Home Depot still showed a strong sales gain in the first quarter.