In the most recent trading session, Home Depot (HD) closed at $389.68, indicating a +2.28% shift from the previous trading day.
HD builds a multi-category Pro network with digital tools and new acquisitions, aiming to be a one-stop partner for complex professional projects.
Home Depot (HD) closed at $387.2 in the latest trading session, marking a +1.6% move from the prior day.
HD deepens its Pro ecosystem with digital tools, supply-chain integration and cross-selling to win bigger Pro projects amid market headwinds.
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Home Depot is cutting 800 roles in its technology organization and other corporate teams, CNBC reported Wednesday (Jan. 28), citing a company spokesperson. About 150 of the employees were based at the company's headquarters in Atlanta, and the rest worked remotely, according to the report.
Home Depot said its "goal is to drive greater agility and position the company to move faster and stay even more closely connected with our frontline associates."
Home Depot laid off around 800 corporate employees on Wednesday. The cuts affected roles at the chain's store support center in its hometown of Atlanta.
Home Depot (HD) closed at $380.36 in the latest trading session, marking a -1.6% move from the prior day.
HD eyes sales growth in fiscal 2025 through the GMS deal and digital tools, even as EPS guidance drops 5% amid housing headwinds.