Category: Home Depot

Dow, S&P 500 Climb as Upbeat Results From Walmart, Others Boost Optimism

NEW YORK—The Dow and S&P 500 rose on Tuesday as stronger-than-expected results and outlooks from Walmart and Home Depot bolstered views on the health of consumers, while technology shares declined and weighed on the Nasdaq. The S&P 500 consumer discretionary and staples sectors gave the benchmark index its biggest lift, while the S&P 500 retail…


Judge Rules In Favor of Home Depot, Against Displaying ‘Black Lives Matter’ Messaging On Job

A judge on Friday dismissed a National Labor Relations Board (NLRB) complaint against Home Depot claiming that the company violated employee rights by prohibiting workers from wearing Black Lives Matter (BLM) imagery while on the job. The complaint was filed in March 2021 by an employee at Home Depot’s Minnesota store. Based on the document,…


Home Depot Raises Full-Year Forecasts as Demand Stays Firm

Home Depot Inc. raised its annual profit and sales forecasts on Tuesday, easing concerns that demand for home-improvement tools and building materials would take a hit amid surging inflation. The company’s shares rose as much as 5 percent to $310.78 as Home Depot’s first-quarter comparable sales increased, driven by higher sales of plumbing, building materials,…


Fire Destroys Northern California Home Depot Store

SAN JOSE, Calif.—A weekend fire gutted a Home Depot store in the San Francisco Bay Area, sending up a huge plume of smoke and prompting orders for some nearby residents to shelter in place, authorities said. The five-alarm blaze in South San Jose erupted around 5 p.m. Saturday and took about six hours to contain…


Home Depot Sales Remain Strong in Fourth Quarter

Home Depot saw its sales remain strong in its fourth quarter as it continues to benefit from a sizzling housing market. Sales for the three months ended Jan. 30 rose to $35.72 billion from $32.26 billion. This beat the $34.88 billion that analysts polled by FactSet forecast. Sales at stores open at least a year,…


Home Depot Stepping up Spring Hiring to 100,000 Workers

Home Depot Inc. said on Tuesday it would hire more than 100,000 workers across its stores and warehouses, as the retailer gears up for its key spring selling season when demand for home-improvement products is at its peak. The company has typically hired around 80,000 workers for spring over the past several years. The spring…


Los Angeles County Identifies 4 Suspects in Home Depot ‘Flash Mob’ Robbery

LAKEWOOD, Calif.—Authorities today identified four men who were being held in the “flash mob” robbery of at least $400 of merchandise at a Home Depot in the Lakewood Center Mall, and said more suspects are still at large. The arrests were made at approximately 2:20 a.m. Saturday in the 400 block of North Rexford Drive…


Looters Hit Los Angeles Home Depot, Bottega Veneta on Black Friday

Two Los Angeles County stores were targeted by so-called “smash-and-grab” looters during Black Friday shopping events, officials said. A group of young males wearing ski masks targeted a Lakewood Home Depot at around 8:30 p.m., making off with hammers, mallets, crowbars, and sledgehammers, officials told FOX11. In all, the suspects stole about $400 worth of…


Four Suspects in Lakewood Home Depot Robbery Arrested in Beverly Hills

BEVERLY HILLS, Calif.—Four suspects who police believe might be involved in the flash mob robbery of at least $400 in merchandise from a Home Depot in the Lakewood Center Mall were arrested in Beverly Hills Nov. 27. Just after 9 p.m. Friday, police received a call regarding several cars driving with no license plates near Beverly Drive and Dayton Way,…


Man Arrested for Attempting to Rob Home Depot in San Diego

EL CAJON, Calif.—Police arrested a 38-year-old man who allegedly attempted to steal $800 worth of merchandise from a Home Depot in El Cajon and menaced employees with a Taser on Friday, Nov. 26. Jmikel Wilson, who is believed to be homeless, was booked into the San Diego County jail on suspicion of robbery, said Lt. Nick Sprecco of…