by Mike Duff | Mar 15, 2023 | Retail Articles
The Home Depot has appointed William “Billy” Bastek executive vice president of merchandising. He replaces Jeff Kinnaird, who has decided to leave Home Depot, the company announced. A 33-year Home Depot veteran, Bastek was senior vice president of...
by Mike Duff | Feb 21, 2023 | Retail Articles
Home Depot posted net earnings in its fourth quarter that beat Wall Street estimates despite a slight year-over-year decline in comparable sales. The retailer also announced a major investment in employee development and compensation. Net earnings for the fourth...
by Mike Duff | Nov 15, 2022 | Retail Articles
Home Depot recorded third-quarter sales and earnings that topped Wall Street estimates as its recent momentum continued. In the quarter, net earnings were $4.34 billion, or $4.24 per diluted share, versus $4.13 billion, or $3.92 per diluted share, in the fiscal 2021...
by Mike Duff | Aug 19, 2022 | Retail Articles
The board of directors at Home Depot has elected president and CEO Ted Decker as chair effective Oct. 1. He succeeds Craig Menear, who will retire as chair effective the day before, the company indicated. Decker is a 22-year veteran of The Home Depot. Early this year,...
by Mike Duff | Aug 16, 2022 | Featured News, Retail Articles
Home Depot continued to make gains in the second quarter despite changing consumer demand, supply chain complications and a variable macroeconomic environment. Home Depot net earnings were $5.17 billion, or $5.05 per diluted share, compared with net earnings of $4.81...