Key Developments: Home Depot Inc (HD.N)

HD.N on New York Stock Exchange

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24 Apr 2014
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Latest Key Developments (Source: Significant Developments)

Electrolux AB's Products to Be Sold at The Home Depot in United States
Tuesday, 3 Jul 2012 10:25am EDT 

Electrolux AB (Electrolux) announced that The Home Depot will begin selling Electrolux major appliances in the United States. In a staged roll-out, Electrolux's main appliances, under the Frigidaire, Frigidaire Gallery and Electrolux brands, will be available for purchase at The Home Depot. The product line will include ovens, refrigerators, freezers, dishwashers and laundry machines. In the United States, Electrolux sells major appliances under the Electrolux and Frigidaire brands, vacuum cleaners and small appliances under the Electrolux and Eureka brands, and appliances for professional use under the Electrolux brand.  Full Article

The Home Depot, Inc. Reaffirms FY 2012 Revenue Guidance-Conference Call
Tuesday, 19 Jun 2012 02:30pm EDT 

The Home Depot, Inc. announced that for fiscal 2012, including the 53rd week, it is projecting sales growth of 4.6%. The Company reported revenue of $70.395 billion in fiscal 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $73.97 billion for fiscal 2012.  Full Article

The Home Depot, Inc. Reaffirms FY 2012 Guidance
Wednesday, 6 Jun 2012 06:00am EDT 

The Home Depot, Inc. reaffirmed its sales and diluted earnings-per-share (EPS) guidance for fiscal 2012. The Company still expects sales to be up approximately 4.6% for the year on a 53 week basis and diluted EPS to be up approximately 17% to $2.90 for fiscal 2012.  Full Article

The Home Depot, Inc. Declares First Quarter Dividend Of $0.29
Thursday, 17 May 2012 04:21pm EDT 

The Home Depot, Inc. announced that its Board of Directors declared a first quarter cash dividend of 29 cents per share. The dividend is payable on June 14, 2012, to shareholders of record on the close of business on May 31, 2012.  Full Article

The Home Depot, Inc. Raises FY 2012 Guidance
Tuesday, 15 May 2012 06:00am EDT 

The Home Depot, Inc. announced that based on year-to-date performance, the Company updated fiscal 2012 guidance and now expects sales to be up approximately 4.6% for the year on a 53-week basis. The Company raised fiscal 2012 diluted earnings-per-share (EPS) guidance and now expects diluted EPS to be up approximately 17% to $2.90 for the year. This earnings-per-share guidance includes the $0.03 per diluted share benefit related to the termination of the Company's guarantee of a senior secured loan, the benefit of the Company's year-to-date share repurchases and the Company's intent to repurchase $2.4 billion in additional shares over the remainder of the year. The Company reported revenue of $70.395 billion in fiscal 2011.  Full Article

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Home Depot puts a lid on new-store openings: WSJ

- Home Depot Inc is putting a lid on new-store openings and focusing its expansion efforts on e-commerce, which presents some logistical challenges for a retailer that sells a lot of bulky materials, the Wall Street Journal reported.

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