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Home Depot is the largest home improvement retailer in the United States, founded in 1978 and headquartered in Georgia. It operates stores in the US, Canada, Mexico, and Puerto Rico, and sells tools, appliances, hardware, and services.
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Ted Decker is the CEO and president of The Home Depot, the world's largest home improvement company, since 2022. He started his career in finance and worked for PNC, Kimberly-Clark and Scott Paper before joining Home Depot in 2000.
HD Supply is a subsidiary of The Home Depot that provides products and services to various sectors, such as maintenance, repair and operations, infrastructure and power, and specialty construction. It was founded in 1974, acquired by The Home Depot in 2004, and reacquired by The Home Depot in 2020.
Home Depot employees can discount most items in store up to $50 without manager approval, if a customer brings up a concern about the product or notes a discrepancy with a sales ad.
Ken Langone is an American billionaire who organized financing for The Home Depot founders and served on the board of General Electric. He is a major donor to the Republican Party and a critic of socialism, and he endorsed Nikki Haley for the 2024 presidential nomination.
This marks Home Depot's seventh straight quarter of negative sales growth. US same-store sales are down 3.6%. Both foot traffic and the average ticket dropped, down 1.8% and 1.3%, respectively.
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