The Home Depot, Inc. reports developments tied to its home improvement retail business, Pro contractor strategy and specialty trade distribution platform. The company operates warehouse-format stores and digital channels for building materials, home improvement products, lawn and garden products, decor, installation services, and tool and equipment rentals across the United States, Canada and Mexico.
Recurring news for HD includes quarterly earnings calls, investor presentations, dividend and guidance updates, technology leadership, marketing partnerships, and acquisitions that expand Pro-facing distribution. The SRS Distribution subsidiary adds coverage in roofing, building products, interior and construction products, landscape, pool and HVAC distribution, extending Home Depot's role beyond retail stores into trade-focused supply channels.
The Home Depot, the largest home improvement retailer globally, announced that CEO Craig Menear will present at Bernstein's 37th Annual Strategic Decisions Conference. The presentation is scheduled for June 3, 2021, at 1:30 p.m. ET. The event will be webcast live and archived on the company's investor relations page. The Home Depot operates 2,298 stores across the U.S., Canada, and Mexico, and reported sales of $132.1 billion and earnings of $12.9 billion in fiscal 2020. Its stock is listed on NYSE under the symbol HD.
The Home Depot reported Q1 fiscal 2021 sales of $37.5 billion, marking a 32.7% increase from Q1 fiscal 2020. Comparable sales rose 31.0% overall, with 29.9% in the U.S. Net earnings reached $4.1 billion or $3.86 per diluted share, up from $2.2 billion or $2.08 per diluted share last year. This represents an impressive 85.6% increase in diluted earnings per share. CEO Craig Menear highlighted the company's strong performance and resilience amid high demand for home improvement projects.
The Home Depot announced its First Quarter Earnings Conference Call scheduled for May 18, 2021, at 9 a.m. ET. The call will provide insights into the company's performance, with a webcast accessible via their investor relations page. The Home Depot, operating 2,298 retail locations across North America, reported $132.1 billion in sales and $12.9 billion in earnings for fiscal 2020. As the largest home improvement retailer, the company employs approximately 500,000 associates and is a component of the Dow Jones Industrial Average and S&P 500.
The Home Depot has announced its participation as a Southeast sponsor of SkillsUSA's National Signing Day 2021, recognizing students entering skilled trades. As part of this initiative, the company awarded $30,000 in scholarships to six students pursuing careers in building and construction trades. The Home Depot Foundation's Path to Pro program has exposed over 15,000 individuals to skilled trades and certified more than 5,000 participants. The Home Depot's commitment to supporting the next generation of tradespeople underscores its role in the construction industry.
The Home Depot has announced new resources for natural disaster preparedness coinciding with National Hurricane Preparedness Week and National Wildfire Preparedness Month. The company's Weather Center Hub now offers critical tools, including a Storm Preparedness checklist. Additionally, free disaster preparedness workshops will begin in June. The Home Depot Foundation has committed $4.1 million to disaster response in 2021, aiding recovery efforts post-tornadoes and wildfires, including a recent allocation of $500,000 for winter storm relief.
The Home Depot has opened three new distribution centers in South Florida, specifically in West Palm Beach, Miami, and Fort Myers, aimed at enhancing delivery services for Pro and DIY customers. A new 332,000-square-foot facility in Miami will handle oversized products. The company plans to add two more centers in Miami by 2022, leading to over 150 new job opportunities in the region. These expansions are part of Home Depot's ongoing $1.2 billion supply chain investment, which includes building approximately 150 new facilities nationwide.
The Home Depot has announced its commitment to $1 million for the 12th year of the Retool Your School program, supporting 30 campus improvement projects at Historically Black Colleges and Universities (HBCUs), marking the highest number of projects funded in a single year. Tougaloo College was awarded $120,000 for its Campaign of the Year. The virtual winners ceremony took place on April 14, 2021, hosted by Laz Alonso, and featured keynote speaker Ruth E. Carter. Since 2009, The Home Depot has invested over $4 million for improvements at 87% of U.S. HBCUs.
The Home Depot, the leading home improvement retailer, announced that Richard McPhail, CFO, will present at the J.P. Morgan 7th Annual Retail Round-Up Virtual Conference on April 15, 2021, at 1:10 p.m. ET. The event will be webcast live, with an archived version available post-event. With 2,298 stores across various locations and sales of $132.1 billion in fiscal 2020, The Home Depot employs approximately 500,000 associates. The stock is traded on NYSE as HD and is part of the Dow Jones Industrial Average.
The Home Depot partners with Habitat for Humanity to support community spring projects, donating over $200,000 in products. This initiative continues a decade-long collaboration that has seen over $24 million granted to Habitat's Repair Corps program since 2011. The first project will enhance the Female Veterans Village in Brevard County, Florida. The partnership aims to empower communities with tools and resources for local revitalization efforts. The Home Depot encourages everyone to engage in DIY projects this spring.
The Home Depot, the largest home improvement retailer globally, has launched a new range of cordless outdoor power equipment, enhancing its offerings for both DIY and professional customers. This new lineup includes products from brands like Ryobi, DeWalt, Makita, and Milwaukee, which emphasize ease of use and environmental benefits. Key products include the RYOBI 40-Volt HP Self-Propelled Mower and the DeWalt 20-Volt MAX Push Mower, among others. The equipment is designed to provide the power and runtime of gas machines without carbon emissions.