Why Home Depot Stock Slipped Today

05:44pm, Monday, 01'st Apr 2024
Home Depot is buying SRS Distribution in a deal valued at $18.25 billion. The company said it would suspend share buybacks until it returns to its target-leverage ratio.
It's an interesting time in the market, which may bode well for conservative ideas found among blue-chip stocks. Underlying this category are some of the strongest, most established businesses and bra
The United States economy just entered into a new cycle. Because markets shift according to their six to nine-month expectations, three stocks in the consumer discretionary sector are leading the way
There's a top retail stock that has crushed the S&P 500. It's consistently grown revenue and earnings thanks to an expanding store footprint.
Home Depot's $18.3 billion acquisition of building-products provider SRS Distribution announced Thursday will extend its leadership over rival Lowe's Inc. in the larger professional customer space, bu
The latest trading day saw Home Depot (HD) settling at $383.60, representing a -0.59% change from its previous close.
Home Depot's acquisition of SRS is the latest evidence that the home improvement giant is laying the foundation — pun intended — for a many-sided, digitally-enabled ecosystem.
Home Depot (HD) is buying SRS Distribution for $18.25B. Jenny Horne discusses this and expects the deal to close by the end of fiscal 2024.

Home Depot Buying Pro Supplier SRS Distribution

10:52am, Thursday, 28'th Mar 2024
Home Depot Inc. said it would buy building-products distributor SRS Distribution Inc. for about $18.25 billion in a bid to bolster the company's professional services business. Bloomberg's John J.

Home Depot buys building product supplier SRS

10:30am, Thursday, 28'th Mar 2024
Home Depot Inc (NYSE:HD, ETR:HDI), the DIY retailer, is set to buy SRS Distribution, the building materials supplier, for US$18.25 billion as it looks to ramp up demand by expanding its professional c
The deal will expand Home Depot's total potential market by about $50 billion to roughly $1 trillion, the company said. Home Depot has a market value of $382.42 billion.
Home Depot announced that it's acquiring SRS Distribution — which sells supplies to builders, roofers, landscapers and pool contractors — in a mammoth $18.25 billion deal that includes assumed deb
Home Depot is acquiring SRS, a distribution company for roof, landscaping and pool contractors. The home improvement giant says the $18.2 billion deal, announced Thursday (March 28), will speed its
Home Depot (HD) is acquiring SRS Distribution, a company that distributes roofing materials and other construction products to a network of contractors, in a $18.25 billion deal as Home Depot looks to
CNBC's Becky Quick reports on the latest news.
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