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The Home Depot, Inc. The Home Depot, Inc., often simply referred to as Home Depot, is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [3]
Builders Square. Builders Square was a big-box home improvement retailer headquartered in San Antonio, Texas. [1] A subsidiary of Kmart, its format was quite similar to The Home Depot, Menards, and Lowe's with floor space of about 100,000 square feet (9,300 m 2 ), [2] [3] and inventories in excess of 35,000 different items. [4]
Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards. It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI.
Analysts expect Home Depot's revenue and earnings to grow 4% and 8%, respectively, in fiscal 2027. If it's still trading at about 20 times earnings, its stock would only rise 6% to about $350.
For the full 2023 fiscal year, Home Depot narrowed its prior guidance range. It now expects sales to drop 3% to 4% compared to fiscal year 2022; it previously expected a decline of 2% to 5%.
A 2016 study on immigrants in Ohio concluded that immigrants make up 6.7% of all entrepreneurs in Ohio although they are just 4.2% of Ohio's population, and that these immigrant-owned businesses generated almost $532 million in 2014. The study also showed that "immigrants in Ohio earned $15.6 billion in 2014 and contributed $4.4 billion in ...
Home Depot’s sales dropped 2% during its latest quarter as consumers took on fewer major home projects. Still, Warren Buffett is betting big on home builders.
In 1978, both he and future Home Depot co-founder Arthur Blank were fired during a corporate power struggle at Handy Dan. In 1978, they co-founded the home-improvement retailer The 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 stores ...