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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 ...
August 13, 2024 at 7:22 AM. Ting Shen/Bloomberg/Getty Images. Home Depot says consumers are feeling crummy about the economy, and they’re dishing out less to remodel their homes. The home ...
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 ...
Carnegie Mellon University ( MBA) Occupation (s) CEO and President of The Home Depot, Inc. Edward "Ted" Decker (born 1963) [ 1] is an American businessman and, since 2022, the CEO and president of the world's largest home improvement company, The Home Depot. [ 2][ 3] He was scheduled to become the chairman of the company in October 2022.
On Tuesday, the home improvement retailer reported revenue of $43.18 billion, compared to $43.79 billion expected, while adjusted earnings per share came in at $4.67, compared to estimates of $4.52.
The Home Depot, Inc., often simply referred to as Home Depot, 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]
The company was founded in 1974 as Maintenance Warehouse in San Diego, CA. In 1997, The Home Depot purchased Maintenance Warehouse with its dedicated delivery trucks and free delivery service. In 2004, Maintenance Warehouse changed its name to HD Supply. In January 2006, Home Depot announced that it was acquiring Hughes Supply in a $3.2 billion ...
June 13, 2024 at 8:45 AM. In the past five years, shares of Home Depot (NYSE: HD) produced a total return of 90%. This is a respectable gain. However, it lagged the 102% total return of the S&P ...
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