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The Home Depot, Inc. The Home Depot, Inc., often simply referred to as Home Depot, 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. [3]
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%.
Home Depot earned $3.81 billion, or $3.81 per share, topping the $3.76 per share that industry analysts had expected, but it's down from last year when the Atlanta company earned $4.34 billion, or ...
Home Depot reported fourth-quarter sales of $34.79 billion, down from $35.83 in the prior-year period. Home Depot's strong fourth quarter overshadowed by weakening sales and expectations for 2024 ...
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 ...
Menards sold the Menard Building Division in 1994, racking up 36 years in the pole building industry. Menards of East Madison, Wisconsin, pictured in 2012 (closed and relocated to Sun Prairie in 2018) Menards was founded as Menard Cashway Lumber. In the mid-1980s, the "Cashway Lumber" name was dropped and the business became simply known to ...
For 2024, Home Depot is expected to forecast roughly flat comparable sales, improving from an estimated 3.2% decline in 2023, according to LSEG data. Lowe's is likely to forecast a 1.1% drop ...
Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards. It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI.