Home Depot Stock Price, News & Analysis

The Home Depot (NYSE:HD) has completed its acquisition of GMS Inc. through its subsidiary SRS Distribution for a total enterprise value of $5.5 billion. The acquisition was executed through a tender offer at $110 per share, with approximately 79.5% of outstanding shares tendered.

GMS, a leading distributor of specialty building products including drywall, ceilings, and steel framing, will enhance SRS's position in the building materials distribution sector. The strategic acquisition aims to strengthen Home Depot's relationship with professional contractors (Pros) by providing expanded product categories, cross-selling opportunities, and enhanced fulfillment options for both residential and commercial projects.

The Home Depot (NYSE:HD) has secured clearance from the Canadian Competition Bureau for its previously announced acquisition of GMS Inc. The approval, received in the form of a no action letter, satisfies the final antitrust requirement for the $110.00 per share cash tender offer.

The tender offer, set to expire on September 3, 2025, remains subject to the condition that a majority of GMS shares must be tendered. This development follows the merger agreement announced on June 29, 2025, between Home Depot, its subsidiary Gold Acquisition Sub, Inc., and GMS.

Home Depot (NYSE:HD) has announced the extension of its tender offer to acquire GMS Inc. at $110.00 per share in cash. The offer's expiration date has been extended from August 22, 2025, to September 3, 2025.

As of August 22, approximately 29,310,002 shares (representing 77% of outstanding shares) have been validly tendered. The acquisition remains subject to conditions, including the expiration of the Canadian Competition Act waiting period and tender of a majority of outstanding shares.

Home Depot (NYSE:HD), the world's largest home improvement retailer, has announced a quarterly cash dividend of $2.30 per share, marking its 154th consecutive quarterly dividend. The dividend will be paid on September 18, 2025, to shareholders of record as of September 4, 2025.

The company currently operates 2,353 retail stores and over 800 branches across multiple territories including all 50 U.S. states, employing more than 470,000 associates. Home Depot maintains its position as a component of both the Dow Jones Industrial Average and S&P 500 index.

Home Depot (NYSE:HD) has received early termination of the Hart-Scott-Rodino Act waiting period from the U.S. Department of Justice's Antitrust Division for its proposed acquisition of GMS Inc. This marks a significant milestone in Home Depot's tender offer to acquire all outstanding GMS shares at $110.00 per share in cash.

The tender offer, set to expire on August 22, 2025, still requires the expiration of the Canadian Competition Act waiting period and the tender of a majority of GMS shares. This development follows the merger agreement announced on June 29, 2025, between Home Depot, its subsidiary Gold Acquisition Sub, Inc., and GMS.

The Home Depot (NYSE:HD), the world's largest home improvement retailer, has announced that Chair, President and CEO Ted Decker, along with Executive Vice President of Merchandising Billy Bastek, will present at the Goldman Sachs 32nd Annual Global Retailing Conference.

The presentation is scheduled for September 3, 2025, at 10:20 a.m. ET and will be available via live webcast on the company's investor relations website. The webcast will be archived approximately one hour after the event concludes.

The company currently operates 2,353 retail stores and over 800 branches across multiple territories including all 50 U.S. states, with a workforce of over 470,000 associates.

Home Depot (NYSE:HD) Foundation announced a $10 million investment to expand skilled trades training and education, including a new $1 million partnership with Boys & Girls Clubs of America. The initiative aims to address the critical shortage of skilled construction workers, with approximately 400,000 current job openings in the sector.

The program will launch a two-year pilot across Atlanta, Phoenix, and Houston, targeting over 1,000 youth for training in carpentry, electrical, HVAC, and plumbing. The investment includes expanded programming with Home Builders Institute (HBI), supporting nearly 2,000 more high school students and 25 additional schools. The Foundation has already invested over $550 million in veteran causes and pledged $750 million by 2030.

Home Depot (NYSE:HD) reported Q2 fiscal 2025 results with sales of $45.3 billion, up 4.9% year-over-year, and comparable sales growth of 1.0%. Net earnings were $4.6 billion, or $4.58 per diluted share, compared to $4.60 per share in Q2 2024.

The company reaffirmed its fiscal 2025 guidance, projecting total sales growth of approximately 2.8% and comparable sales growth of 1.0%. The outlook includes plans for 13 new stores and expectations for adjusted operating margin of 13.4%. Management anticipates a decline in adjusted diluted earnings-per-share of approximately 2% from $15.24 in fiscal 2024.

Home Depot currently operates 2,353 retail stores and over 800 branches across multiple territories, employing more than 470,000 associates.

Home Depot (NYSE:HD) announced the withdrawal and refiling of its HSR Act premerger notification for the pending acquisition of GMS Inc. The refiling extends the antitrust review period to August 22, 2025. The all-cash tender offer remains at $110.00 per share and has been extended to match the new HSR waiting period.

As of August 6, 2025, approximately 13,208,330 shares (representing 34.7% of outstanding shares) have been validly tendered. The acquisition, initially announced on June 29, 2025, remains subject to regulatory approval and other conditions.