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This is an accepted version of this page This is the latest accepted revision, reviewed on 27 February 2025. American multinational home improvement supplies retailing company The Home Depot, Inc. A Home Depot in Onalaska, Wisconsin Company type Public Traded as NYSE: HD DJIA component S&P 100 component S&P 500 component Industry Retail (home improvement) Founded February 6, 1978 ; 47 years ...
Marcus and Blank looked into buying Homeco, but the business had financing issues. When Homeco went out of business, they hired Farrah to help them launch Home Depot. He was offered a position as chief merchandising officer. [3] In the early 1990s, Farrah left Home Depot to pursue his own interests. He rejoined in 1996 and retired in the early ...
In April 1978, he and future Home Depot co-founder Arthur Blank were fired during a corporate power struggle at Handy Dan. [12] [13] In 1978, they co-founded the home-improvement retailer Home Depot, with the help of merchandising expert Pat Farrah and New York investment banker Ken Langone who assembled a group of investors. The first two ...
On this day in economic and business history ... Home Depot went public on Sept. 22, 1981, two years after its first stores opened in Atlanta. The home-improvement retailer listed 600,000 shares ...
Despite constant attempts by analysts and the media to complicate the basics of investing, there are really only three ways a stock can create value for its shareholders: Dividends. Earnings growth.
Under Nardelli's tenure, Home Depot's stock performance lagged behind rival Lowe's, however this situation has been reversed under Blake. [6] On August 21, 2014, The Home Depot announced that Craig Menear, President of U.S. Retail for The Home Depot, would take over as president and CEO on November 1, 2014. Menear has also been elected to the ...
Here's what Home Depot reported for its full-year results, compared to Wall Street estimates Revenue: $159.51 billion, versus $158.81 billion Adjusted earnings per share: $14.91, versus $15.12
The company was founded in 1974 as Maintenance Warehouse in San Diego, CA. In 1997, The Home Depot purchased Maintenance Warehouse with its dedicated delivery trucks and free delivery service. In 2004, Maintenance Warehouse changed its name to HD Supply. In January 2006, Home Depot announced that it was acquiring Hughes Supply in a $3.2 billion ...