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Home Depot Eyes MRO Acceleration With HD Supply In Tow


Home Depot Eyes MRO Acceleration With HD Supply In Tow
See what the home improvement retail giant said about its plans for HD Supply a company has re-acquired after spinning off in 2007.
Feb 24th, 2021
The Home Depot
The Home Depot reported its 2020 fourth quarter and full-year earnings on Tuesday, and afterward shared some insights on its plans for HD Supply the facilities maintenance products distributor the home improvement retailer acquired in late 2020 in an $8 billion deal.
Completed Dec. 24, it was a landmark transaction in the industrial distribution space and arguably the largest such deal in several years. HD Supply was No. 4 on Industrial Distribution’s 2020 Big 50 List on account of its $6.15 billion in 2019 sales, but The Home Depot ended up buying a much smaller version of the distributor. HD Supply sold off essentially half the company in October via divesting its Construction & Industrial – White Cap unit to Clayton, Dubilier & Rice for ....

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Home Depot casts doubt on further room for improvement after blow-out 2020


Home Depot casts doubt on further room for improvement after blow-out 2020
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Home Depot casts doubt on further room for improvement after blow-out 2020
Home Depot Inc beat quarterly same-store sales estimates on Tuesday, riding a sustained wave of demand for home improvement goods as the COVID-19 pandemic drags on.
FILE PHOTO: The logo of Home Depot is seen in Encinitas, California April 4, 2016. REUTERS/Mike Blake/File Photo
23 Feb 2021 07:15PM
(Updated:
23 Feb 2021 07:45PM)
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REUTERS: Home Depot Inc on Tuesday warned that it could not predict if its pandemic-induced sales dream run from last year will continue into 2021, even as its quarterly results handily beat analysts estimates. ....

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