Content about Home Depot Inc.

September 19, 2014

Home Depot Inc. confirmed that some 56 million payment cards were likely compromised in a data breach that went undetected for five months.

Atlanta -- Home Depot Inc. confirmed that some 56 million payment cards were likely compromised in a data breach that went undetected for five months. It is the largest known breach of a retail company’s computer network to date. By comparison, the widely publicized breach at Target last December affected 40 million credit and debit cards.

August 19, 2014

Home Depot said its fiscal second-quarter net income rose 14% amid a rebound in its spring selling season and strong online sales.

Atlanta -- Home Depot said its fiscal second-quarter net income rose 14% amid a rebound in its spring selling season and strong online sales. The retailer also raised its annual profit guidance.

"In the second quarter, our spring seasonal business rebounded, and we saw strong performance in the core of the store and across all of our geographies," stated Frank Blake, chairman and CEO.

For the three months ended Aug. 3, Home Depot Inc. earned a better-than-expected $2.1 billion, compared to $1.8 billion in the year-ago period.

February 25, 2014

Home Depot Inc.'s net income in the fourth-quarter edged down 0.8%, hurt by snow and severe cold and one less week in the period than a year ago.

Atlanta – Home Depot Inc.'s net income in the fourth-quarter edged down 0.8%, hurt by snow and severe cold and one less week in the period than a year ago. But cost costs helped its earnings to top estimates and the chain raised its quarterly dividend by 21%.

The very cold weather should boost sales this spring, the chain’s most important sales period of the year, as people repair homes damaged this winter, Home Depot said.

April 9, 2012

State and federal authorities in New Jersey broke up a multistate theft ring that stole merchandise from Home Depot Inc. stores by not ringing up all items at self-checkout counters, the Associated Press reported.

New York -- State and federal authorities in New Jersey broke up a multistate theft ring that stole merchandise from Home Depot Inc. stores by not ringing up all items at self-checkout counters, the Associated Press reported.

The thieves were active in about 70 Home Depot stores, mostly in New Jersey, and also in New York, Pennsylvania, Delaware, Maryland and Virginia.

January 12, 2012

Home Depot Inc. said Thursday that its spring hiring numbers match last year’s, with plans to bring on 70,000 seasonal workers for the spring season.

Atlanta -- Home Depot Inc. said Thursday that its spring hiring numbers match last year’s, with plans to bring on 70,000 seasonal workers for the spring season.

Last year, about half of the seasonal workers were hired permanently as cashiers, sales, lot and garden staffers.
 

November 15, 2011

Home Depot Inc. reported that net income in the third quarter rose 12% to $934 million, compared with $834 million in the year-ago period.

Atlanta -- Home Depot Inc. reported Tuesday that net income in the third quarter rose 12% to $934 million, compared with $834 million in the year-ago period. Storm-related repairs and spending on home projects gave the home-improvement retailer a third-quarter boost.

Revenue rose 4% to $17.33 billion from $16.6 billion last year, beating Wall Street’s expected $17.11 billion in revenue.

Same-store sales rose 4.2% globally and 3.8% in the United States.

March 5, 2008

Macy's Inc. has joined the ranks of retailers that have stopped disclosing monthly results. Effective...

January 30, 2008

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October 17, 2007

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July 6, 2006

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