Articles Tagged with ''Home Depot''

Home Depot donates $50 million to fix construction shortage

Dedicates funds to train construction workers
As the construction labor shortage continues to hold back new home construction and even worsen the current housing inventory shortage, Home Depot announced its plan to help resolve the shortage. The company announced it will dedicate $50 million to fix the construction shortage – here’s how.
Read More

Home Depot raises full-year forecast after hurricanes increase sales

CEO: "Our support of the impacted communities continues"
After a series of unfortunate natural disasters this year, Home Depot announced a significant increase in demand and sales as it served impacted communities. "I am proud of our team and suppliers for their extraordinary efforts to support those in the path of the various natural disasters throughout the quarter,” said Craig Menear, chairman, CEO and president.
Read More

Home Depot reports record sales numbers

Increases forecast for 2017
It’s turning out to be a strong year for Home Depot, as it records solid earnings for the second quarter of fiscal 2017. Craig Menear, chairman, CEO and president of Home Depot, attributed the rise to its hard working associates and its supplier partner. But, there are also two other main factors that went into the home improvement store’s profitable quarter.
Read More

Home Depot agrees to $25 million settlement with banks over data breach

Home improvement retailer continues to pay up
Home Depot agreed to pay $25 million to a number of banks in a settlement over the home improvement retailer’s 2014 data breach that impacted more than 50 million consumers. The settlement is just the latest in a string of settlements over the massive data breach, which Home Depot confirmed back in September 2014.
Read More

Lowe’s reports strong earnings in Q1

Beats Home Depot for first time in 10 years
Lowe’s came in with strong results in its latest quarter, which is no surprise considering its rival’s strong numbers. But for the first time in 10 years, it beat Home Depot in one area.
Read More

Home Depot stocking up for remodeling wave?

Dive deeper into the numbers and a strategy emerges
Today's earnings come on the heels of a weak building permits and housing starts report from the department of commerce. A closer look at those numbers, and Home Depot's, reveal a potential, bold strategy for the renovation retailer. Here it is.
Read More