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The Home Depot, Inc.

News and overview for The Home Depot, Inc.

Home Depot profit drops 9% - MarketWatch
MarketWatch | 5 days 22 hours 49 minutes ago
Sales declined 8% to $16.36 billion from $17.78 billion.


Home Depot results may signal some improvement - MarketWatch
MarketWatch | 6 days 15 hours 38 minutes ago
Lowe's said Monday its profit plunged 30% but that it has seen improvement in some of its worst hit markets including California, Florida and areas of the Southwest. See full story on Lowe's results.


Retail stocks drop; Home Depot outlook may miss - MarketWatch
MarketWatch | 5 days 19 hours 8 minutes ago
Shares of Target Corp. traded little changed after the discounter posted a better-than-expected third-quarter profit. However, Saks Inc. and Dillard's Inc. both surged after the department-store operators posted surprise profits.


Home Depot, Exxon Mobil, Target in focus - MarketWatch
MarketWatch | 5 days 20 hours 39 minutes ago
European shares halted their recent advances, pressured by weakness in the banking sector. Most Asian stock markets ended slightly lower, despite a strong performance for resource stocks, as fatigue set in after recent gains.


U.S. stock market takes troubled view of builders - MarketWatch
MarketWatch | 5 days 17 hours 27 minutes ago
The News Hub panel discusses whether a spike in commodity prices could cause investor pain down the road.


Tuesday's biggest gaining and declining stocks Movers & Shakers - MarketWatch
MarketWatch | 5 days 22 hours 17 minutes ago
Did the stock market do something even more bullish than simply go up when the S&P 500 Index closed on Monday decisively above the 1,100 level?


The Home Depot Announces Third Quarter Results; Updates Fiscal Year 2009 Guidance [Press Release]
PRNewswire | 5 days 17 hours 46 minutes ago
...and Exchange Commission. THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED...included in Interest Expense. THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED...050 $44,162 $41,164 THE HOME DEPOT, INC. AND SUBSIDIARIES CONSOLIDATED...


Stocks in focus for Tuesday - MarketWatch
MarketWatch | 6 days 11 hours 23 minutes ago
Target Corp. /quotes/comstock/13*!tgt/quotes/nls/tgt (TGT 50.29, +1.30, +2.65%) is forecast to report earnings of 50 cents a share in the third quarter.


Home builders still irritable, survey says - MarketWatch
MarketWatch | 5 days 16 hours 37 minutes ago
The home builders' sentiment index held steady at 17 in November, but October's index was revised lower to 17 from the 18 previously reported. Economists surveyed by MarketWatch were forecasting an improvement to 19. See the MarketWatch consensus forecast and the complete Economic Calendar for the week.


U.S. Nov. home builders' index flat at 17 - MarketWatch
MarketWatch | 5 days 16 hours 37 minutes ago
Home builders still irritable, survey says


Fed can't be paralyzed by weak spots: Lacker - MarketWatch
MarketWatch | 5 days 16 hours 1 minute ago
"There is no doubt that we must be aware of the danger of aborting a weak uneven recovery if we tighten too soon. But if we hope to hold inflation in check, we cannot be paralyzed by patches of lingering weakness, which could persist well into the recovery," Lacker said in remarks to the Virginia House Appropriations Committee.


Oil futures hold to gains gains after housing data - MarketWatch
MarketWatch | 5 days 16 hours 19 minutes ago
U.S. forms task force to combat financial fraud


U.S. stock futures weaken with housing in focus - MarketWatch
MarketWatch | 5 days 23 hours 47 minutes ago
S&P 500 futures fell 2.1 points to 1,104.20 and Nasdaq 100 futures dipped 3.25 points to 1,800.20. Futures on the Dow Jones Industrial Average fell 16 points.





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Company Overview


Company: The Home Depot, Inc.
Industry: Home Improvement & Hardware Retail
Website: http://www.homedepot.com

When embarking on household projects, many start their journey at The Home Depot. As the world's largest home improvement chain and second-largest retailer in the US after Wal-Mart, the firm operates about 2,200 stores across North America, Puerto Rico, and China, as well as an e-commerce site. It targets the do-it-yourself and professional markets with its selection of about 40,000 items, including lumber, flooring, plumbing, gardening supplies, tools, paint, and appliances. The Home Depot also offers carpeting, cabinetry, and other installation services. In response to angry shareholders, the retailer decided in 2008 that it will close its EXPO, THD Design Center, and Yardbirds stores.


Key Numbers

Sales in U.S. Dollars (mil.) 71,288 (2009)
One-year % Growth in Sales -7.8 (2009)
Net Income in U.S. Dollars (mil.) 2,260 (2009)
One-year % Growth in Net Income -48.6 (2009)
Number of Employees 322,000 (2009)
One-year % Growth in Number of Employees -2.7 (2009)
Fiscal Year-End January