The Home Depot announced it has received clearance from the Canadian Competition Bureau, in the form of no-action letter, in connection to the company’s previous tender offer to purchase through its wholly owned subsidiary Gold Acquisition Sub, Inc. (Purchaser), all …
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Home Depot Foundation Invests in Skilled Trades Training, Partners with Boys & Girls Clubs of America
The Home Depot Foundation recently announced a $10 million investment in expanding access to skilled trades training and education, including a new $1 million partnership with Boys & Girls Clubs of America (BCGA). The partnership is designed to introduce more …
Read More »Home Depot Reports Q2 2025 Financials
The Home Depot released its Q2 2025 financials, reporting sales of $45.3 billion, an increase of 4.9% from the second quarter of fiscal 2024. Comparable sales for Q2 2025 increased 1% and comparable sales in the U.S. increased 1.4%. Net …
Read More »Grabbing a Piece of the Pro Market
Earlier this week, The Home Depot announced it has entered into an agreement for its specialty trade distribution subsidiary, SRS Distribution Inc. (SRS), to acquire GMS Inc. (GMS), a leading North American speciality building products distributor, for $5.5 billion. The acquisition is …
Read More »Compare Your Customer Return Policies to the Big Boxes
According to the National Retail Federation (NRF) and Happy Returns 2024 Customer Returns in the Retail Industry Report, retailers estimated that 16.9% of their annual sales in 2024 were returned, making customer returns a headache for many retailers, regardless of …
Read More »The Home Depot Reports 0.3% Decrease in Comp Sales for Q1 2025
The Home Depot released its Q1 2025 financials, reporting sales of $39.9 billion for the first quarter of fiscal 2025, an increase of 9.4% from the first quarter of fiscal 2024. Comparable sales for the first quarter of fiscal 2025 decreased …
Read More »The Home Depot Expands Tax-Free Shopping to More Military Families
The Home Depot announced it is now offering tax-free shopping to more military families nationwide with the expansion of its partnerships with the Army & Air Force Exchange Service and the Navy Exchange Service Command. The program, initially applied to …
Read More »Home Depot Named to Top 50 Global Retailers List
The National Retail Federation’s Top 50 Global Retailers list includes the 50 most impactful international retailers based on their operations at the start of 2024. The Home Depot ranked in the 10th spot, with total revenues at the start of …
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