Among economic headwinds, global conflict and elevated inflation, financial results for the first quarter of 2026 were across the board for top names in the corporate retail world. A majority of companies reported positive results in the quarter, demonstrating resilience …
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The Home Depot Reaffirms 2026 Outlook Following Q1 Growth
The Home Depot reported its financial results for the first quarter of fiscal 2026, posting net sales for the quarter of $41.8 billion, a 4.8% increase year over year. Comparable store sales for fiscal Q1 2026 increased 0.6%, and comparable …
Read More »Home Depot Acquires Automation Firm
The Home Depot announced it has acquired SIMPL Automation, a Waltham, Massachusetts-based automation and technology systems company. SIMPL uses advanced engineering and AI to help distribution facilities operate faster and more efficiently. Its technology furthers the company’s strategy of same-day/next-day …
Read More »Home Depot Ranks on NRF Top 50 Global Retailers List
The National Retail Federation (NRF) recently released the NRF Top 50 Global Retailers list, ranking the 50 most impactful international retailers based on their operations at the start of 2025. Partnering with Kantar to produce the list, NRF and Kantar’s …
Read More »Home Depot Expands AI Efforts to Shape Future of Home Improvement
The Home Depot currently offers more than a dozen AI-powered capabilities, with numerous others in development. Through new artificial intelligence tools, the company is delivering its home improvement expertise directly to millions of DIY customers and professional contractors. “Everything we …
Read More »Home Depot Cuts 800 Corporate Jobs, Mandates Five-Day In-Office Return
Home Depot plans to cut 800 jobs at its Atlanta headquarters and is mandating a return to its five-day in-person work policy. According to a corporate spokesperson, around 150 of these jobs were based at the headquarters and the rest …
Read More »Lowe’s and Home Depot Highlight AI and Pro Initiatives in Q3 2025
Lowe’s and Home Depot released Q3 2025 financials this week, both reporting modest net sales growth and progress on several company initiatives. Both companies also hosted earnings calls where execs shared insights into how each is improving various operational areas. …
Read More »The Home Depot Marks Increase in Net Sales, Comp Sales for Q3 2025 But Misses Expectations
The Home Depot recently released its Q3 2025 financial results, reporting a $1.1 billion increase in net sales from Q3 2024, reaching $41.4 billion in net sales. Total sales include approximately $900 million from the recent acquisition of GMS Inc. …
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