The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
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The Home Depot Completes SRS Distribution Acquisition
The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …
Read More »Home Depot to Acquire SRS Distribution
The Home Depot, the world’s largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution Inc. (SRS), a residential specialty trade distribution company that serves the professional roofer, landscaper and pool contractor. SRS will accelerate The …
Read More »How Big-Box Retailers Performed in Q1 2023
For the first quarter of 2023, several big-box retailers experienced continued increases in sales compared to Q4 2022, with others reporting decreases in sales because of unseasonable weather affecting consumer purchases during the quarter. The Home Depot The Home Depot …
Read More »Home Depot Names Ted Decker President and COO
Edward “Ted” P. Decker will serve as Home Depot’s president and chief operating officer, effective Oct. 5. Decker is a 20-year veteran of the company has served as Home Depot’s executive vice president of merchandising since 2014. In his new …
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