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Tag Archives: home depot

Home Depot Readies $15B Share Buyback

share buyback

During its 2017 Investor and Analyst Conference, Home Depot’s board of directors announced plans to initiate a $15 billion share buyback program, Reuters reports. “Since 2002 and through the third quarter of fiscal 2017, [Home Depot] has returned approximately $73 …

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Hurricanes Lift Home Depot in Third Quarter

homee

In its third-quarter financial results released Nov. 14, The Home Depot says sales related to hurricanes “positively impacted comparable store sales growth by approximately $282 million.” The big-box home improvement retailer beat analysts’ projections for its overall sales and its comparable store sales …

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Home Depot Ditches Chemicals, Focuses on Green Goods

Home Depot

Home Depot is following in the footsteps of its big-box competitors like Walmart and Target to “disclose the chemicals in the products they sell and remove them whenever possible,” according to an article by Bloomberg. This news comes out of the company’s …

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Lowe’s, Home Depot Open Warehouses in Hurricane-Affected Houston

warehouses

Big-box home improvement retailers Lowe’s and The Home Depot each recently opened warehouses in the Houston area to help meet demand for building materials following Hurricane Harvey, reports the Houston Chronicle. According to the newspaper, Lowe’s signed a lease on a 244,000-square-foot …

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Google and Home Depot Team Up for Voice-Activated Ordering

google

Google and Home Depot recently partnered to allow the big-box retailer’s customers to order home improvement products through the tech company’s voice-activated smart home products, reports Fortune. According to Fortune, the big-box home improvement retailer will sell its products online …

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Home Depot Reports Historic Quarterly Sales

home depot

The Home Depot reported Tuesday quarterly sales of $28.1 billion for the second quarter of 2017, which is a 6.2 percent increase over the same period last year. “We were pleased with our results this quarter as our customers rewarded …

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