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Shares of Home Depot (NYSE: HD) were moving higher today after the core Consumer Price Index (CPI) was lower than expected for December. The news lifted stocks broadly, as falling inflation is ...
Today, Home Depot is the world's largest home improvement retailer, with approximately 2,300 stores throughout North America. The company generates over $154 billion in annual sales.
The acquisition of Interline Brands allows The Home Depot access to expand its business to the multi-family sector, hospitality, and industrial area. Craig Menear, CEO of The Home Depot, says that the purchase gives The Home Depot more opportunity to expand in the maintenance, repair, and operations sector that was previously not successful.
The picture was similar for home improvement retailer The Home Depot, which also reported disappointing fourth quarter results and said it was in for a challenging 2023. Shares slid 7.1%.
Here's what Home Depot reported, compared to Wall Street estimates, according to Bloomberg consensus: Revenue: $36.42 billion versus $36.66 billion Adjusted earnings per share: $3.63 versus $3.60
If you had invested $1,000 in Home Depot stock 30 years ago, held on, and reinvested your dividends along the way, you'd have a position worth nearly $60,000 today -- nearly 3 times as much as you ...
Inflation is still white-hot in 2024 — use these 3 'real assets’ to protect your wealth today, no matter what the US Fed does or says Anything can happen in 2024.