Home Depot Inc.’s promotion of Craig Menear to president of its U.S. retail division is part of a succession plan for Chief Executive Officer Frank Blake, according to a person with knowledge of the situation.
Home Depot Inc. posted fourth- quarter profit that topped analysts’ estimates, marking six straight years of meeting or exceeding projections, as the U.S. housing rebound spurs spending on renovations.
Home Depot Inc. Chief Executive Officer Frank Blake said rising home prices this year will spur renovation spending, helping the retailer even as increasing mortgage rates put pressure on the U.S. housing recovery.
Home Depot Inc., the largest U.S. home-improvement retailer, posted third-quarter profit that topped analysts’ estimates and boosted its earnings forecast as rising home prices spurred homeowners to splurge on renovations.
Home Depot Inc., the largest U.S. home-improvement retailer, posted second-quarter profit that topped analysts’ estimates and raised its annual forecast as shoppers buoyed by the housing recovery spend more on projects.
Home Depot Inc., the world’s largest home improvement retailer, is accelerating the national rollout of its online handyman referral service Redbeacon to tap demand from homeowners who don’t want to do fix-it projects themselves.