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THE HOME DEPOT SUPPORTED 2.2 MILLION JOBS NATIONWIDE IN 2022, CREATING FOUR ADDITIONAL JOBS FOR EVERY ASSOCIATE IT EMPLOYED

Retrieved on: 
Wednesday, December 6, 2023
Agriculture, GDP, The Home Depot, Tax, Commerce, Ecosystem, School, PwC, Partnership, Home, Economics, Government, Transport, Video game, Tourism

ATLANTA, Dec. 6, 2023 /PRNewswire/ -- The Home Depot's total contribution to the U.S. economy was $215 billion in 2022, which exceeds the current-dollar gross domestic product (GDP) of 18 U.S. states, per the U.S. Bureau of Economic Analysis. This and other findings were released in the company's fiscal year 2022 Economic Impact Project, conducted in partnership with PwC, which provides details on the economic impact of the company's U.S. operations at the national and state levels.

Key Points: 
  • The Home Depot supported 2.2 million jobs last year, more than 400,000 of which were directly created by the company, and supported billions of dollars in wages, salaries and benefits.
  • The Home Depot paid approximately 1% of the total net corporate income taxes collected by the U.S. government in 2022.
  • Since 2011, The Home Depot's associates have volunteered more than 2 million hours to communities across the U.S. through Team Depot volunteer projects in partnership with The Home Depot Foundation.
  • The Home Depot Foundation has surpassed $500 million invested in veteran causes since 2011 and updated its commitment with an incremental $250 million, now planning to invest $750 million by 2030.

THE HOME DEPOT CANADA LAUNCHES THE 15TH BI-ANNUAL ORANGE DOOR PROJECT FUNDRAISING CAMPAIGN IN SUPPORT OF YOUTH HOMELESSNESS

Retrieved on: 
Tuesday, November 28, 2023
Risk, The Home Depot, Homelessness, Merchandising, Nursing, Grocery store, Nightclub

TORONTO, Nov. 28, 2023 /CNW/ - Today, The Home Depot Canada launches its 15th bi-annual Orange Door Project fundraising campaign, combating youth homelessness in Canadian communities.

Key Points: 
  • TORONTO, Nov. 28, 2023 /CNW/ - Today, The Home Depot Canada launches its 15th bi-annual Orange Door Project fundraising campaign, combating youth homelessness in Canadian communities.
  • 29% of youth experiencing homelessness identify as LGBTQ2S, 28% identify as a member of a racialized community, and 31% identify as Indigenous.
  • 29% of youth experiencing homelessness identify as LGBTQ2S, 28% identify as a member of a racialized community, and 31% identify as Indigenous.
  • Donations can be made in all The Home Depot Canada stores and at OrangeDoorProject.ca until December 17th, 2023.

The Home Depot Foundation Surpasses $500 Million Invested in Veteran Causes, Commits $750 Million by 2030

Retrieved on: 
Friday, November 10, 2023
Volunteers of America, Habitat for Humanity, Housing, The Home Depot, Risk, Volunteering, Homelessness, Veterans Day, Real estate, Veteran

ATLANTA, Nov. 10, 2023 /PRNewswire/ -- In celebration of Veterans Day, The Home Depot Foundation is growing its mission to serve those who served through an updated commitment to invest $750 million in veteran causes by the end of fiscal year 2030. The Foundation announced today it surpassed $500 million invested in veteran causes to-date since 2011, meeting its previous financial commitment two years early. Through this incremental $250 million, the Foundation, its nonprofit partners and Team Depot, The Home Depot's associate volunteer force, will focus primarily on affordable housing issues and impact an estimated 50,000 veterans. 

Key Points: 
  • The Foundation announced today it surpassed $500 million invested in veteran causes to-date since 2011, meeting its previous financial commitment two years early.
  • Through this incremental $250 million, the Foundation, its nonprofit partners and Team Depot, The Home Depot's associate volunteer force, will focus primarily on affordable housing issues and impact an estimated 50,000 veterans.
  • Completing hundreds of veteran service projects nationwide, giving back to heroes in the communities where Home Depot associates live and work.
  • Follow #OperationSurprise to see how the Foundation and Team Depot are bringing it home for veterans across the country.

The Home Depot to Host Third Quarter Earnings Conference Call on November 14

Retrieved on: 
Tuesday, October 31, 2023
The Home Depot, NYSE, Home, S&P Global Ratings, Conference, Multimedia, Webcast, Standard, Dow Jones, Video game

ATLANTA, Oct. 31, 2023 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, announced today that it will hold its Third Quarter Earnings Conference Call on Tuesday, November 14, at 9 a.m.

Key Points: 
  • ATLANTA, Oct. 31, 2023 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, announced today that it will hold its Third Quarter Earnings Conference Call on Tuesday, November 14, at 9 a.m.
  • A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the Third Quarter Earnings Conference Call icon.
  • The webcast will be archived, and the replay will be available beginning at approximately noon on November 14.
  • The Home Depot is the world's largest home improvement specialty retailer.

THE HOME DEPOT ADVANCES APPROACH TO PRO

Retrieved on: 
Thursday, October 26, 2023
The Home Depot, Culture, Growth, EVP, Organization, Ecosystem, Management

ATLANTA, Oct. 26, 2023 /PRNewswire/ -- The Home Depot today announced changes to align the organization around its largest growth opportunity – enabling its unique ecosystem to serve more pro customers and purchase opportunities.

Key Points: 
  • In her new role, she will assume responsibility for outside pro sales efforts as well as the company's installation services business.
  • She will continue to oversee U.S. stores and operations, The Home Depot Canada and The Home Depot Mexico business units.
  • Chip Devine, senior vice president of outside sales, will report to Campbell and will continue to drive growth with the complex pro.
  • Padilla has been with The Home Depot for more than 29 years and has served across the company's pro, store and services organizations.

The Home Depot Announces 2023 Innovation Award Winners

Retrieved on: 
Wednesday, September 20, 2023
Pressure, Maintenance, Emergency, Chicago Innovation Awards, Paint, The Home Depot, Gasoline, Temperature, Patio, DIY, The Economist, Restaurant, Twist, Leviton, Auction, Electric battery, Plumbing, Propane, Ecolab

ATLANTA, Sept. 20, 2023 /PRNewswire/ -- The Home Depot recognized innovations in home improvement that make tackling projects easier and more efficient for the Pro and DIYer at its annual 2023 Innovation Awards.

Key Points: 
  • ATLANTA, Sept. 20, 2023 /PRNewswire/ -- The Home Depot recognized innovations in home improvement that make tackling projects easier and more efficient for the Pro and DIYer at its annual 2023 Innovation Awards.
  • The 2023 top winners include:
    Overall Winner: Decora Edge™ by Leviton makes installing light switches and outlets faster, safer and more efficient.
  • "Our pipeline of product innovation is stronger in every category thanks to our outstanding suppliers," said Billy Bastek, executive vice president of merchandising at The Home Depot.
  • In addition to the top three winners, The Home Depot recognized the following finalists for their high marks in product innovation:
    Husky Rechargeable Flashlights help to illuminate any space for longer periods.

The Home Depot to Present at the Goldman Sachs 30th Annual Global Retailing Conference

Retrieved on: 
Thursday, August 31, 2023
Goldman Sachs, Goldman, The Home Depot, Dow Jones, Multimedia, Standard, S&P Global Ratings, Conference, NYSE, Video game

ATLANTA, Aug. 31, 2023 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that Ted Decker, chair, president and chief executive officer, and Billy Bastek, executive vice president of merchandising, will present at the Goldman Sachs 30th Annual Global Retailing Conference.

Key Points: 
  • ATLANTA, Aug. 31, 2023 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that Ted Decker, chair, president and chief executive officer, and Billy Bastek, executive vice president of merchandising, will present at the Goldman Sachs 30th Annual Global Retailing Conference.
  • ET on Wednesday, September 13, 2023.
  • The webcast will be archived and available at the same location approximately one hour after conclusion of the live event.
  • The Home Depot is the world's largest home improvement specialty retailer.

The Home Depot Foundation Invests $6 Million in Skilled Trades Training, Announces New Scholarship and Entrepreneurship Partnerships

Retrieved on: 
Monday, August 28, 2023
2016 Folds of Honor QuikTrip 500, Partnership, Construction, The Home Depot, Curriculum, Elementary and Secondary Education Act, Gold Star, Veteran, Certification, PACT, Organization, Entrepreneurship, State, Path, Nursing, Tourism

ATLANTA, Aug. 28, 2023 /PRNewswire/ -- The Home Depot Foundation announced an incremental investment of more than $6 million in skilled trades training and launched new strategic partnerships to address the nearly 400,000 job openings across the construction industry. With these philanthropic grants, the Foundation's Path to Pro program launched a brand new entrepreneurship program and will provide free, skilled trades training and scholarships for more veterans, military families, high school students and separating service members.

Key Points: 
  • To serve aspiring entrepreneurs within the skilled trades industry, The Home Depot Foundation is partnering with Bunker Labs to introduce an entrepreneurship program designed to guide U.S. military veterans and military spouses through the process of establishing a successful business foundation.
  • The Home Depot Foundation extended its grant to long-time partner Home Builders Institute to broaden its Path to Pro high school and military programs.
  • The Home Depot Foundation's skilled trades training program, Path to Pro , launched in 2018 with a $50 million commitment to train the next generation of skilled tradespeople, diversify the trades industry, and address the growing labor shortage in the U.S.
  • For more information and to find skilled trades resources available in English and Spanish, visit PathtoPro.com.

The Home Depot Launches New Homeowners Hub Designed with Millennials in Mind

Retrieved on: 
Wednesday, August 23, 2023
Learning, DNA, Maintenance, Partnership, Millennials, The Home Depot, Catalog, Mother, Research, DIY, HVAC, Internet, Paint, Home, Genz, Morning Consult, Richard Genzer, Family

ATLANTA, Aug. 23, 2023 /PRNewswire/ -- The Home Depot® launched a New Homeowners Hub to equip the next generation of current and future first-time homeowners with valuable resources including DIY guides, product recommendations, design inspiration and more.

Key Points: 
  • Around half of millennials (53%) report worries about purchasing their first home, along with starting a family (57%) and career advancement (52%).
  • Yet only about a quarter of millennials and a third of GenZers would feel "very confident" about taking on a home improvement project.
  • Homeowners can find both livestream and on-demand options, which they can access any time and at zero cost.
  • For more information on the New Homeowners Hub, including tool and truck rental programs and home services details, visit www.homedepot.com/newhomeowners .

The Home Depot Foundation Commits up to $500,000 to Support Communities Impacted by Deadly Wildfires in Maui

Retrieved on: 
Monday, August 14, 2023
American Red Cross, Partnership, Food, The Home Depot, Wildfire, Clothing, Meal, School, World Central Kitchen, Government, Family, Nursing, Hope

ATLANTA, Aug. 14, 2023 /PRNewswire/ -- The Home Depot Foundation is committing up to $500,000 to support immediate wildfire relief and long-term recovery efforts in Maui. This new disaster response grant takes the Foundation's disaster commitment to more than $5.6 million this year.

Key Points: 
  • ATLANTA, Aug. 14, 2023 /PRNewswire/ -- The Home Depot Foundation is committing up to $500,000 to support immediate wildfire relief and long-term recovery efforts in Maui.
  • The Home Depot Foundation's national nonprofit partners responded immediately, providing emergency relief supplies, shelter, meals and more to the island.
  • American Red Cross teams are providing evacuees with a safe place to stay, food to eat and emotional support.
  • "We are heartbroken by the loss of life and extreme devastation caused by wildfires on the island of Maui," said Shannon Gerber, executive director of The Home Depot Foundation.