The Home Depot, the world’s largest home improvement retailer, is shrinking its 2024 earnings guidance. “After three years of exceptional growth for our business, 2023 was a year of moderation. During fiscal 2023, we focused on several initiatives to strengthen the business while also staying...
Sticking to the same DIY rhythm as the previous quarter, Home Depot continues to see consumers hammering away at small projects instead of diving into grand remodels that can drill a hole in their wallets. “We saw the continuation of the trend that we have...
Pressures from a subdued housing market and dampened spending are impacting the home improvement industry. The Home Depot, the world’s largest home improvement retailer, on Tuesday (Nov. 14) reported its third quarter 2023 earnings, showing 2.4% fewer transactions during the quarter. The Atlanta-based company also...
“We are building a unique, interconnected pro ecosystem that will help us grow our share in a $450 billion addressable market,” Ranjeet Bhosale, vice president of customer marketing and operations at The Home Depot told PYMNTS. This, as the Atlanta-based home improvement giant ramps up...
January 12, 2023
“We are building a unique, interconnected pro ecosystem that will help us grow our share in a $450 billion addressable market,” Ranjeet Bhosale, vice president of customer marketing and operations at The Home Depot told PYMNTS. This, as the Atlanta-based home improvement giant ramps up its newly launched tiered benefits program, that Bhosale said is […]
June 07, 2022
Adobe and Home Depot are deepening their partnership in a bid to add more insights and improve customer service, according to a Tuesday (June 7) press release. The partnership will see Adobe adding “comprehensive insights” to help refine marketing investments. It’s a continuation of the way Home Depot added digital tools like web analytics and […]
February 22, 2022
The Home Depot Chairman and CEO Craig Menear used the word “agility” when talking about the approach he and his organization have taken to the ever-changing economic environment that’s included...
May 18, 2021
The Home Depot reported that comparable sales for the first quarter of fiscal 2021 surged by 31 percent and comparable sales in the U.S. jumped by 29.9 percent from the...
April 16, 2021
The Home Depot has brought three new distribution hubs to the state of Florida, which are located in Miami, West Palm Beach and Fort Myers. Those centers will provide customers...
