Home Depot Archives - CFO

Home Depot Eyes Pro Market With HD Supply Buy

Home Depot Eyes Pro Market With HD Supply Buy

The $8 billion deal will extend Home Depot's reach into the $55 billion market for maintenance, repair, and operations products.

By Matthew Heller | November 16, 2020

JCPenney Reports Steep Drop in First Quarter Sales

Financial Performance

JCPenney Reports Steep Drop in First Quarter Sales

The company’s CEO remains optimistic about the retailer’s future.

By Lauren Muskett | May 21, 2019

CFOs on the Move: Week Ending May 3

CFOs on the Move: Week Ending May 3

Home Depot, Gilead Sciences, Argonne National Lab, Globe Photos, American Water, Talos Energy, Ryan Cos., Insurance Auto Actions, VIQ Solutions, Trinseo

By Joan Urdang | May 3, 2019

There’s No Retailer Like Home Depot

There’s No Retailer Like Home Depot

The company crushed earnings forecasts and called the Trump administration's tariffs on lumber and appliances "manageable."

By William Sprouse | August 14, 2018

Home Depot Sales Hit by Slow Spring Spending

Financial Performance

Home Depot Sales Hit by Slow Spring Spending

It was a "garden story" for the retailer in Q1 as severe winter weather weighed on sales of gardening supplies.

By Matthew Heller | May 15, 2018

Lowe’s Falling Margins Drive 5% Stock Slide

Financial Performance

Lowe’s Falling Margins Drive 5% Stock Slide

The retailer spent heavily in Q4 to convert store traffic into sales but gross margins fell 68 basis points to 33.73%.

By Matthew Heller | February 28, 2018

Hurricanes Add $282M to Home Depot Sales

Financial Performance

Hurricanes Add $282M to Home Depot Sales

The retailer's same-store sales rose 7.9% in Q3 as hurricanes sent consumers to its stores in the South for rebuilding supplies.

By Matthew Heller | November 14, 2017

Why Cybersecurity Is Financially Undervalued

Why Cybersecurity Is Financially Undervalued

Securing corporate America is not a technology problem. Instead, shareholders need to value cybersecurity and begin to punish poor performance.

By Kevin Magee | June 23, 2017

Finance Chiefs Praise Deloitte’s CFO Academy

Finance Chiefs Praise Deloitte’s CFO Academy

Participants and the CFOs who send them to the program express passion for the development of future finance leaders.

By David McCann | June 2, 2017

What Makes for a Public-Company CFO?

What Makes for a Public-Company CFO?

Five top finance chiefs tell how they got where they are, and what their potential successors need to do.

By David McCann | May 31, 2017

Lowe’s Shares Drop 3% on Q1 Earnings Miss

Financial Performance

Lowe’s Shares Drop 3% on Q1 Earnings Miss

Same-store sales grew 1.9%, above the company's historical average but below rival Home Depot's 5.5% gain in its first quarter.

By Matthew Heller | May 25, 2017

Lowe’s Buys Wholesaler to Boost Pro Business

Lowe’s Buys Wholesaler to Boost Pro Business

The $512 million acquisition of Maintenance Supply Headquarters will enhance Lowe's ability to serve customers such as contractors.

By Matthew Heller | May 18, 2017

‘Wannacry’ Spotlights Need for Cyber Liability Coverage

‘Wannacry’ Spotlights Need for Cyber Liability Coverage

D&O insurance will become more and more valuable to fend off shareholder-driven cyber litigation.

By Joshua Gold | May 17, 2017

Home Depot to Pay $27M Over Data Breach

Home Depot to Pay $27M Over Data Breach

The settlement with affected financial institutions brings Home Depot's total payouts related to the massive 2014 hack to around $180 million.

By Matthew Heller | March 10, 2017

Housing Market Fuels Home Depot Sales Rise

Financial Performance

Housing Market Fuels Home Depot Sales Rise

"This is an area of demand growth within retail. People are spending on their homes."

By Matthew Heller | February 22, 2017