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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 ...
In 1991, it discontinued its membership program and adopted the HomeBase name shortly thereafter. The chain expanded to 89 stores by the mid-1990s, becoming the sixth largest home improvement retailer in the United States. Although it outperformed competitors like Orchard Supply Hardware and Builders Square, it could not match the growth or ...
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 ...
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.
Image source: Home Depot. Buy Home Depot stock. While Home Depot is down from its all-time high, the company still enjoys a number of competitive advantages that should help it deliver solid long ...
Investor setup. It's easy to be optimistic about Home Depot's prospects five years from now. The company will return to revenue growth, which should support earnings gains. The valuation must also ...
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