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Home Depot Inc (HD.N)

HD.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Home Depot Says Shareholder Proposal To Reduce Threshold For Calling Special Shareholder Meetings Was Not Approved
Wednesday, 23 May 2018 04:26pm EDT 

May 23 (Reuters) - Home Depot Inc ::HOME DEPOT - PROPOSAL 6: SHAREHOLDER PROPOSAL TO REDUCE THRESHOLD FOR CALLING SPECIAL SHAREHOLDER MEETINGS WAS NOT APPROVED AT ANNUAL MEETING.HOME DEPOT INC - PROPOSAL 7: A SHAREHOLDER PROPOSAL REGARDING AMENDMENT OF COMPANY'S COMPENSATION CLAWBACK POLICY WAS ALSO NOT APPROVED.  Full Article

Home Depot to pay $27.84 mln to settle California hazardous waste, privacy charges
Thursday, 8 Mar 2018 01:00pm EST 

March 8 (Reuters) - California attorney general says home depot agrees to $27.84 million settlement for violations of state's hazardous waste laws and customer privacy requirements:.  Full Article

The Home Depot Announces Q4 Earnings Per Share $1.52
Tuesday, 20 Feb 2018 06:00am EST 

Feb 20 (Reuters) - Home Depot Inc ::THE HOME DEPOT ANNOUNCES FOURTH QUARTER AND FISCAL 2017 RESULTS; INCREASES QUARTERLY DIVIDEND BY 15.7 PERCENT; PROVIDES FISCAL 2018 GUIDANCE; REAFFIRMS FISCAL 2020 SALES AND OPERATING MARGIN TARGETS; UPDATES FISCAL 2020 RETURN ON INVESTED CAPITAL TARGET.Q4 EARNINGS PER SHARE $1.52.Q4 SALES ROSE 7.5 PERCENT TO $23.9 BILLION.SEES FY 2018 EARNINGS PER SHARE $9.31.‍COMPARABLE STORE SALES FOR Q4 OF FISCAL 2017 WERE POSITIVE 7.5 PERCENT​.SEES FISCAL 2018 SALES GROWTH OF APPROXIMATELY 6.5 PERCENT INCLUDING THE 53RD WEEK‍​.QTRLY ‍COMP SALES FOR U.S. STORES WERE POSITIVE 7.2 PERCENT​.SEES FISCAL 2018 COMPARABLE STORE SALES GROWTH OF APPROXIMATELY 5.0 PERCENT FOR THE 52-WEEK PERIOD.SEES FY 2018 SALES GROWTH OF APPROXIMATELY 6.5 PERCENT (INCLUDING 53RD WEEK).SEES FISCAL 2018 SHARE REPURCHASES OF APPROXIMATELY $4.0 BILLION.Q4 EARNINGS PER SHARE VIEW $1.61, REVENUE VIEW $23.66 BILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 ‍CAPITAL SPENDING OF ABOUT $2.5 BILLION​.FY EARNINGS PER SHARE VIEW $9.22, REVENUE VIEW $107.12 BILLION -- THOMSON REUTERS I/B/E/S.HOME DEPOT - DOES NOT EXPECT ACCOUNTING CHANGE TO HAVE A MATERIAL IMPACT ON FISCAL 2018 SALES OR OPERATING MARGIN GUIDANCE.COMPANY WILL UPDATE FISCAL 2018 GUIDANCE TO REFLECT IMPACT OF ACCOUNTING CHANGE DURING FIRST QUARTER EARNINGS CALL IN MAY‍​.‍REAFFIRMS AND UPDATES ITS FISCAL 2020 FINANCIAL TARGETS​.SEES FISCAL 2018 CASH FLOW FROM THE BUSINESS OF APPROXIMATELY $14.1 BILLION‍​.  Full Article

Equifax Names Jamil Farshchi Chief Information Security Officer
Monday, 12 Feb 2018 04:15pm EST 

Feb 12 (Reuters) - Equifax Inc ::EQUIFAX APPOINTS NEW CHIEF INFORMATION SECURITY OFFICER.EQUIFAX INC - ‍HAS NAMED JAMIL FARSHCHI TO SERVE AS ITS CHIEF INFORMATION SECURITY OFFICER (CISO)​.EQUIFAX INC - FARSHCHI PREVIOUSLY SERVED AS CISO AT HOME DEPOT.EQUIFAX INC - ‍FARSHCHI WILL ASSUME "COMPANY-WIDE LEADERSHIP OF WORK ALREADY UNDERWAY TO TRANSFORM COMPANY'S INFORMATION SECURITY PROGRAM"​.  Full Article

Home Depot Has Considered Buying Xpo Logistics - Recode‍​
Friday, 22 Dec 2017 01:46pm EST 

Dec 22 (Reuters) - :HOME DEPOT HAS CONSIDERED BUYING XPO LOGISTICS - RECODE, CITING PEOPLE FAMILIAR WITH THE MATTER ‍​.  Full Article

The Home Depot Acquires The Company Store
Thursday, 21 Dec 2017 08:00am EST 

Dec 21 (Reuters) - Home Depot Inc ::THE HOME DEPOT ACQUIRES THE COMPANY STORE, BROADENING CAPABILITIES IN HOME TEXTILE CATEGORIES.HOME DEPOT INC - TERMS WERE NOT DISCLOSED.HOME DEPOT INC - ACQUISITION DOES NOT INCLUDE THE COMPANY STORE'S FIVE RETAIL LOCATIONS.  Full Article

Home Depot On Proposed Tax Reform - Believe Concern Over Mortage Interest Deductibility Overblown
Wednesday, 6 Dec 2017 12:19pm EST 

Dec 6 (Reuters) - Home Depot Inc ::HOME DEPOT CFO ON PROPOSED TAX REFORM - BELIEVE CONCERN OVER MORTAGE INTEREST DEDUCTIBILITY IS OVERBLOWN.HOME DEPOT CFO ON PROPOSED TAX REFORM - CO WOULD HAVE A SIGINIFICANT, IMMEDIATE BENEFIT TO TAX EXPENSE AND CASH TAXES IF REFORM ENACTED.CEO ON INVESTOR DAY - POISED TO EXCEED OUR 2018 TARGETS‍​.CEO ON INVESTOR DAY - WILL INVEST IN THE FRONT-END EXPERICE TO FACILITATE FAST AND EASY CHECKOUT.CEO ON INVESTOR DAY - WILL INVEST IN WAGES, SCHEDULING FLEXIBILITY AND TOOLS FOR ASSOCIATES.WILL EXTEND INVESTMENTS TO CANADA AND MEXICO AS WELL, TO EXTEND "ONE HOME DEPOT EXPERIENCE" TO BOTH THOSE COUNTRIES AS WELL.EXECUTIVE - ADDED SELF-SERVICE LOCKERS AT FRONT END OF SOME STORES.EXECUTIVE - OUR NEW WORKFORCE MANAGEMNT TOOL WILL HELP ASSOCIATES WORK AT MULTIPLE LOCATIONS, CHECK SCHEDULING ON THEIR MOBILE PHONES.EXECUTIVE - WORKING ON A BUSINESS-TO-BUSINESS WEBSITE.EXECUTIVE - TO OPEN MARKET DELIVERY OPERATIONS IN 100 LOCATIONS, ALSO CONSOLIDATE STORE DELIVERY TO FEWER STORES OR MARKET STORES.EXECUTIVE - IN TOP 40 MARKETS, WILL OFFER NEXT DAY AND SAME-DAY DELIVERY FROM NEW DIRECT-TO-CUSTOMER DELIVERY CENTERS.EXECUTIVE - ESTIMATE IT WILL TAKE 5 YRS TO REACH THE DELIVERY CAPABILITIES OUTLINED TODAY.  Full Article

Home Depot Updates Strategic Priorities, Confirms 2017 Sales And Earnings Guidance
Wednesday, 6 Dec 2017 06:00am EST 

Dec 6 (Reuters) - Home Depot Inc ::THE HOME DEPOT UPDATES STRATEGIC PRIORITIES; CONFIRMS FISCAL YEAR 2017 SALES AND DILUTED EARNINGS-PER-SHARE GUIDANCE; OUTLINES LONG-TERM FINANCIAL TARGETS; ANNOUNCES ACCELERATED BUSINESS INVESTMENT PLAN AND $15 BILLION SHARE REPURCHASE AUTHORIZATION.SEES FY 2017 EARNINGS PER SHARE $7.36.SEES FY 2017 SALES UP ABOUT 6.3 PERCENT.THE HOME DEPOT UPDATES STRATEGIC PRIORITIES; CONFIRMS FISCAL YEAR 2017 SALES AND DILUTED EARNINGS-PER-SHARE GUIDANCE; OUTLINES LONG-TERM FINANCIAL TARGETS; ANNOUNCES ACCELERATED BUSINESS INVESTMENT PLAN AND $15 BILLION SHARE REPURCHASE AUTHORIZATION.SEES FY 2017 COMPARABLE STORE SALES OF APPROXIMATELY 6.5 PERCENT.- FOR FISCAL 2020 , SEES ANNUAL CAPITAL SPENDING OF APPROXIMATELY 2.5 PERCENT OF SALES.SEES 2020 FINANCIAL TARGET OF ‍TOTAL SALES RANGING FROM APPROXIMATELY $114.7 BILLION TO APPROXIMATELY $119.8 BILLION​‍​.SEES LONG-TERM, FISCAL 2020 RETURN ON INVESTED CAPITAL RANGING FROM APPROXIMATELY 36.4 PERCENT TO 39.6 PERCENT.SEES LONG-TERM, FISCAL 2020 OPERATING MARGIN RANGING FROM APPROXIMATELY 14.4 PERCENT TO 15.0 PERCENT.HOME DEPOT SEES LONG-TERM FISCAL 2020 TARGET OF COMPOUNDED ANNUAL SALES GROWTH RATE FROM END OF FISCAL 2017 RANGING FROM ABOUT 4.5 PERCENT TO ABOUT 6.0 PERCENT.- ‍DILUTED EPS GUIDANCE FOR 2017 INCLUDES BENEFIT OF CO'S INTENT TO REPURCHASE ADDITIONAL $2.1 BILLION OF SHARES IN Q4​.  Full Article

Home Depot declares Q3 dividend of 89 cents
Thursday, 16 Nov 2017 04:32pm EST 

Nov 16 (Reuters) - Home Depot Inc :The Home Depot declares third quarter dividend of 89 cents.  Full Article

Home Depot CFO- Don't see housing market slowdown in 2018, 2019 and 2020
Tuesday, 14 Nov 2017 10:56am EST 

Nov 14 (Reuters) - Home Depot Inc :On conf call - online sales rose about 19 percent in q3, now representing about 6.2% of total sales.Lumber, appliances, electrical, indoor garden and tools had double digit comp sales in Q3, building materials and flooring above company's average comp.Several stores, particularly in areas like Puerto Rico, St. Thomas and St. Croix, were forced to remain closed for an extended period.Q3 big-ticket sales - transactions over $900- which represent about 22% of our U.S. Sales, were up 12.1%.Q3 increase in big-ticket sales was driven by strength in appliances, vinyl plank floorings and several pro heavy categories.Q3 sales to professional customers grew double-digits, pro-heavy categories such as lumber, wire, insulation, had double-digit growth.CFO- "macro environment remains supportive, and we believe housing is a tailwind for our business".CFO- "as we think about housing broadly and fears of slowdown, we don't see that for 2018, 2019 and 2020".  Full Article

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Home Depot second-quarter sales bounce back, results top estimates

Home Depot Inc's profit and revenue topped estimates on Tuesday despite signs of a slowdown in the housing market, boosted by a rebound in demand for seasonal products and as shoppers spent more to remodel their homes. | Video