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The Home Depot Opens Three DCs in Florida  - Modern Distribution Management


The Home Depot Opens Three DCs in Florida 
Atlanta-based retail giant said it will open two more distribution centers in Miami in 2022.
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The Home Depot (NYSE: HD), Atlanta, on Thursday announced it has opened three new distribution centers in Florida West Palm Beach, Miami and Fort Myers to provide faster delivery options for customers in South Florida.
The parent company of HD Supply Holdings Inc. also plans to open two additional Miami distribution centers in 2022. Together, the five Florida facilities should create more than 150 new full- and part-time jobs across the region, the company said.
“Our customers have varying needs from DIYers renovating their homes to professional contractors on job sites,” said Kyle Dennis, vice president of supply chain development. “These investments are helping us deliver to our Pro and DIY customers across South Florida when, where and how they want.” ....

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Stocks Charging Up for Historic Highs: HD Supply Holdings (NASDAQ:HDS), United Parcel Service (NYSE:UPS)

Stocks Charging Up for Historic Highs: HD Supply Holdings (NASDAQ:HDS), United Parcel Service (NYSE:UPS)
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The Home Depot Announces Fourth Quarter and Fiscal 2020 Results; Increases Quarterly Dividend by 10 Percent


The Home Depot Announces Fourth Quarter and Fiscal 2020 Results; Increases Quarterly Dividend by 10 Percent
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ATLANTA, Feb. 23, 2021 /PRNewswire/ The Home Depot
®, the world s largest home improvement retailer, today reported fourth quarter and fiscal 2020 results.
Fourth Quarter 2020
Sales for the fourth quarter of fiscal 2020 were $32.3 billion, an increase of $6.5 billion, or 25.1 percent from the fourth quarter of fiscal 2019. Comparable sales for the fourth quarter of fiscal 2020 increased 24.5 percent, and comparable sales in the U.S. increased 25.0 percent.
Net earnings for the fourth quarter of fiscal 2020 were $2.9 billion, or $2.65 per diluted share, compared with net earnings of $2.5 billion, or $2.28 per diluted share, in the same period of fiscal 2019. For the fourth quarter of fiscal 2020, diluted earnings per share increased 16.2 percent from the same period in the prior year. Net earnings for the fourth ....

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