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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 ...
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 ...
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 more than $151 billion in ...
Rates are down from a two-decade high seen late last year. Home Depot made its largest acquisition ever this year, spending $18.3 billion to buy SRS Distribution, a huge building-projects supplier ...
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 ...
For the full 2023 fiscal year, Home Depot narrowed its prior guidance range. It now expects sales to drop 3% to 4% compared to fiscal year 2022; it previously expected a decline of 2% to 5%.
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