Welcome to our dedicated page for Home Depot news (Ticker: HD), a resource for investors and traders seeking the latest updates and insights on Home Depot stock.
Home Depot (NYSE: HD) maintains its position as the world's largest home improvement retailer through strategic initiatives and digital innovation. This news hub provides investors and professionals with essential updates on corporate developments, financial performance, and market positioning.
Access curated press releases and analysis covering earnings reports, leadership changes, store expansions, and technology implementations. Our aggregation includes updates on supply chain enhancements, sustainability efforts, and partnership announcements that shape HD's industry leadership.
Key focus areas include quarterly financial disclosures, acquisition strategies like the SRS Distribution expansion, and operational updates affecting HD's 2,300+ North American stores. Bookmark this page for verified updates on shareholder initiatives, product launches, and regulatory developments impacting the home improvement retail sector.
The Home Depot, the largest home improvement retailer, declared a cash dividend of $1.65 per share for Q3 2021. This dividend will be paid on December 16, 2021, to shareholders on record by the close of business on December 2, 2021. This marks the 139th consecutive quarter of cash dividends paid by the company. As of Q3, Home Depot operates 2,317 retail stores across North America and reported $132.1 billion in sales and $12.9 billion in earnings for fiscal 2020.
The Home Depot will host its inaugural virtual Corporate Career Day on November 30, from 1 to 4:30 p.m. ET, aiming to recruit for various roles within Technology, Marketing, Operations, and Contact Centers. Jobseekers will have access to leader discussions on retail technology, product, and company culture, along with networking opportunities in virtual booths. The company emphasizes its commitment to fostering a supportive culture, offering significant benefits, including over $1 billion in Success Sharing awards distributed in the last three years.
The Home Depot reported a robust third quarter for fiscal 2021, achieving sales of $36.8 billion, a 9.8% increase year-over-year. Comparable sales rose by 6.1%, with a 5.5% increase in U.S. stores. Net earnings reached $4.1 billion, or $3.92 per diluted share, marking a 23.3% rise from the previous year. The company operates 2,317 stores and employs around 500,000 associates. CEO Craig Menear attributed the success to operational agility in meeting ongoing home improvement demand.
The Home Depot Foundation has surpassed $400 million in investments to support U.S. military veterans since 2011. The Foundation aims to reach $500 million by 2025, primarily focusing on housing initiatives. It has improved over 50,000 veteran homes and facilities and aims to end veteran homelessness. The Foundation's Operation Surprise campaign will launch with critical home repairs for veterans. Since 2011, Team Depot has volunteered over 1.25 million hours. Home Depot employs about 500,000 associates and is traded under the symbol HD.
The Home Depot will hold its Third Quarter Earnings Conference Call on November 16 at 9 a.m. ET. The event can be accessed via webcast on the company's investor relations website, with an archive available later in the day. As of the second quarter, The Home Depot operates 2,298 stores across North America, employing about 500,000 associates. In fiscal 2020, the company achieved sales of $132.1 billion and earnings of $12.9 billion. The stock is listed on the NYSE under the symbol HD.
The Home Depot has appointed John Deaton as the new executive vice president of Supply Chain and Product Development, effective November 1, 2021. Deaton, a 14-year veteran of the company, replaces Mark Holifield, who has moved on to lead a last-mile delivery firm. His extensive experience includes overseeing the rollout of 19 Rapid Deployment Centers and leading the transformation of private brand portfolios, contributing significantly to the company’s supply chain advancements.
The Home Depot partners with Walmart to enhance delivery services, launching same-day and next-day delivery for home improvement products via Walmart GoLocal. The collaboration aims to enable delivery to 90% of the U.S. population, with plans to expand across multiple markets by year-end. In fiscal 2020, The Home Depot reported digital sales growth of 86%, with total sales reaching
Ring has launched Ring Jobsite Security, a customized security solution for job sites, in collaboration with The Home Depot. This system features the Ring Alarm Pro, which offers professional monitoring and connectivity for security devices. Available exclusively through Home Depot, the solution includes various add-ons such as security cameras and sensors, allowing job site managers to tailor their security setup. The introductory price for the 5-Piece Plus Kit starts at
The Home Depot Foundation has pledged up to $1 million for disaster relief and recovery efforts in Hurricane Ida-affected areas, raising its 2021 contributions to over $6 million. The Foundation's Team Depot plans to assemble more than 1,000 disaster relief kits with essential supplies. The company activated its disaster response teams, sending hundreds of trucks loaded with crucial items to affected communities. Additionally, the Homer Fund has distributed nearly $272,000 in emergency assistance to over 400 associates impacted by the hurricane.
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