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Home Depot Inc (HD)

HD on New York Consolidated

132.46USD
7 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Home Depot posts Q1 earnings per share $1.44
Tuesday, 17 May 2016 06:22am EDT 

Home Depot Inc : The Home Depot announces first quarter results; raises fiscal year 2016 guidance . Q1 earnings per share $1.44 . Q1 sales $22.8 billion versus I/B/E/S view $22.39 billion . Q1 earnings per share view $1.36 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $6.27 . Sees FY 2016 sales up about 6.3 percent . Comparable store sales for Q1 of fiscal 2016 were positive 6.5 percent . Qtrly comp sales for U.S. stores were positive 7.4 percent. . Comp sales will be up about 4.9 percent in 2016 . Qtrly raised its fiscal 2016 sales guidance . Expects FY sales will be up approximately 6.3 percent and comp sales will be up approximately 4.9 percent .FY2016 revenue view $88.14 billion -- Thomson Reuters I/B/E/S.  Full Article

Home Depot Inc - One World recalls snow blowers over fire hazard - Reuters News
Wednesday, 27 Apr 2016 12:29am EDT 

Home Depot Inc:One World Technologies Inc is recalling about 670 Ryobi snow blowers because they can overheat and cause a fire, the U.S. Consumer Product Safety Commission said on Tuesday. - RTRS.The recall by the Anderson, South Carolina importer of the machines came after two reports of the snow blowers overheating.One consumer saw flames in the machine, though no injuries or property damage has been reported, the commission said in a statement.One World is recalling about 300 Ryobi 40-Volt Brushless Snow Blowers in the United States and roughly 370 in Canada, the statement said.The machines were sold online by Home DepotHD.N from November through February for about $280 for the unit alone and for $350 as part of a kit that included a battery and charger.The snow blowers were made by China's Techtronic Industries (Dongguan) Co Ltd 0669.HK, the statement said.The commission website carries recall information supplied to the agency by companies carrying out recalls.  Full Article

Home Depot Inc settles consumer litigation over data breach - Reuters
Tuesday, 8 Mar 2016 11:13am EST 

Home Depot Inc;:Reaches $13 million settlement with consumers over 2014 data breach -- court filing - RTRS.To also fund 1-1/2 years of "identity protection" services for consumers with compromised payment card data--filing.To also take steps to improve data security--filing.Does not admit liability or wrongdoing in agreeing to settle -- filing.Settlement requires court approval Cost of providing identity protection services is $6.5 million -- filing.  Full Article

The Home Depot Inc gives FY 2016 guidance
Tuesday, 23 Feb 2016 06:00am EST 

The Home Depot Inc:Expects FY 2016 sales growth of about 5.1 to 6.0 pct.Expects FY 2016 diluted EPS growth after anticipated share repurchases of about 12 percent to 13 percent, or $6.12 to $6.18.  Full Article

The Home Depot Inc increases quarterly dividend by 17 percent and announces share repurchases for FY 2016
Tuesday, 23 Feb 2016 06:00am EST 

The Home Depot Inc:Board of directors declared a 17 percent increase in its quarterly dividend to $0.69 per share.Dividend is payable on March 24 to shareholders of record date as on March 10.Says to make share repurchases of about $5.0 billion in FY 2016.  Full Article

Home Depot Inc declares third quarter dividend of 59 cents
Thursday, 19 Nov 2015 04:41pm EST 

Home Depot Inc:Declared a third quarter cash dividend of 59 cents per share.Dividend is payable on December 17, 2015, to shareholders of record on the close of business on December 3, 2015.  Full Article

Home Depot Inc updates FY 2015 guidance
Tuesday, 17 Nov 2015 06:00am EST 

Home Depot Inc:Says that based on its year-to-date results and the outlook for fourth quarter, the company expects FY 2015 sales growth of about 5.7 percent, with comps of about 4.9 percent.Expects FY 2015 diluted earnings per share to grow by about 14 percent to $5.36.Says that irs diluted earnings-per-share guidance includes the benefit of its intent to repurchase an additional $2 billion of shares in the fourth quarter, bringing total fiscal 2015 share repurchases to $7 billion.  Full Article

Touchless Kitchen Faucets Recalled by Lota Due to Fire and Burn Hazards; Sold Exclusively at Home Depot Inc - CPSC
Wednesday, 9 Sep 2015 08:00pm EDT 

Home Depot Inc:The battery box used to power the faucet’s sensor can short circuit, overheat and/or melt, posing fire and burn hazards to consumers - CPSC.Says the recall is about 4,500 units - CPSC.This recall involves Glacier Bay and Schӧn brand touchless kitchen faucets that allow the user to waive a hand in front of a sensor to start and stop the flow of water, a pull-down sprayer head with a white LED light and a single handle to manually turn the water on and off - CPSC.The firm has received six reports of the faucet’s battery box overheating, melting and/or smoking, including one report of a fire in the box and one report of a burn to a consumer’s thumb - CPSC.Consumers should immediately unplug and remove batteries from the faucet’s battery box and contact Lota USA for a replacement battery box for the faucet - CPSC.  Full Article

The Home Depot declares second quarter dividend of 59 cents
Thursday, 20 Aug 2015 04:24pm EDT 

The Home Depot Inc:Payable on September 17, to shareholders of record on the close of business on September 3.  Full Article

Home Depot Inc raises FY 2015 guidance
Tuesday, 18 Aug 2015 06:00am EDT 

Home Depot Inc:Says based on its year-to-date performance and to reflect planned completion of acquisition of Interline Brands, the company raised its FY 2015 sales guidance.Expects sales will grow in a range of about 5.2 percent to 6.0 percent and comp sales will grow in a range of about 4.1 percent to 4.9 percent.Raised diluted earnings-per-share guidance for FY 2015 and now expects diluted earnings per share to grow in a range of about 13 percent to 14 percent from FY 2014 to $5.31 to $5.36.Reported revenue of $83.176 billion FY 2014.FY 2015 revenue of $87.023 billion and EPS of $5.27 - Thomson Reuters I/B/E/S.  Full Article

An opening for shareholders in federal court derivative suits?

Derivative suits against the board members of companies that suffered data breaches appears to be a losing proposition for shareholders. On Wednesday, U.S. District Judge Thomas Thrash of Atlanta tossed a shareholder derivative suit against board members of Home Depot, which was hacked over the course of several months in 2014. Judge Thrash agreed with Home Depot’s lawyers at Alston & Bird that plaintiffs in the consolidated case failed to prove that it would have been futile for sha