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August 13, 2024 at 5:16 AM. Home Depot ( HD) reported another quarter of muted earnings as shoppers held off on major home improvement projects amid high interest rates and tighter wallets. On ...
It now expects same-store sales to fall between 3% to 4% compared to a prior forecast calling for a 1% decline. Management said the low end of its guidance assumes additional pressure on consumer ...
Home Depot CEO Ted Decker blamed high interest rates and economic uncertainty for causing consumers to grow more cautious. "During the quarter, higher interest rates and greater macro-economic ...
In 1978, both he and future Home Depot co-founder Arthur Blank were fired during a corporate power struggle at Handy Dan. In 1978, they co-founded the home-improvement retailer The Home Depot, with the help of merchandising expert Pat Farrah and New York investment banker Ken Langone who assembled a group of investors. The first two stores ...
The Home Depot, Inc. The Home Depot, Inc. is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [ 4] In 2021, the company had 490,600 employees and ...
Arthur Morris Blank (born September 27, 1942) is an American businessman.He is best known for being a co-founder of the home improvement retailer The Home Depot. [2]Blank owns two professional sports teams based in Atlanta, Georgia – the Atlanta Falcons of the National Football League (NFL) and Atlanta United FC of Major League Soccer (MLS), the latter of which won the 2018 MLS Cup [3 ...
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