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Finance chief Richard McPhail and a senior executive VP will help manage affairs as its CEO goes on leave; U.S. inflation reading gives Fed more time to play defense.
“The company expects Decker to return within the next few months,” it said in a statement that also explained that two executives—Ann-Marie Campbell, senior executive vice president, and Richard McPhail, CFO—will share leadership duties on an interim basis.
Home improvement and hardware store chains have battled lower sales in the last year as a sluggish housing market and consumers' reluctance to spend on renovation projects in uncertain times affects their business. Smaller hardware chains also face fierce competition from big-box stores, like Home ...
Home Depot (HD) CEO Ted Decker is taking a medical leave of absence, just ahead of the company's quarterly earnings next week. Yahoo Finance Senior Reporter Brooke DiPalma explains what this means for the company and shareholders in the video above.
The announcement, made August 12, adds a leadership uncertainty premium to a stock already under pressure: HD has shed roughly 14% over the past year and sits well below its 52-week high of $426.75. For investors in Home Depot and its closest rival Lowe’s (NYSE: LOW), the timing matters because August 18’s pre-market print will be the first major financial disclosure under interim management, and any softness in guidance could amplify the selling.
A senior vice president and the chief financial officer will oversee operations during CEO Ted Decker’s absence.
Futures for the Dow Jones Industrial Average and the other major stock indexes traded higher Tuesday, after it was reported the U.S. and Iran had reached "some sort of an arrangement" for a peace deal.
The leading home improvement retailer made key strategic moves to position itself for the next housing upturn.
The home improvement giant has significantly underperformed its bigger retail peer in the past five years.
After building a new house earlier this year, my wife and I got to experience the challenge of having bulky items that either needed to be signed for or needed to be moved into a house we weren't yet living in. It was about an hour drive between our former and our new residence, so it was ...
After making several moves this year to win back customers, Home Depot is making headlines again over a lawsuit that alleges it violated customers' rights. In 2025, the home-improvement giant had a bumpy year, marked by several consumer boycotts over its decision to cut its diversity, equity, and ...
Floor & Decor (NYSE:FND) reported second-quarter fiscal 2026 adjusted diluted earnings per share of $0.58, unchanged from a year earlier, as the company managed expenses and generated free cash flow despite continued softness in large discretionary flooring projects. Total sales increased 3% ye
US market liveblog: stocks set for mixed open ahead of Fed decision US stocks are set for a mixed open on Wednesday as investors look ahead to the Federal Reserve's latest interest-rate decision, while renewed tensions in the Middle East and continued pressure on semiconductor stocks cloud...
Walmart, Costco, and Home Depot each sit at a very different point on the risk and reward map right now, and consumer sentiment just printed deep inside recessionary territory. One of these retail giants stands out as the clear winner while two others demand patience.
The Home Depot is set to report Q2 earnings next month, with analysts expecting marginal year-over-year EPS growth.
Q2 earnings from Domino's, Darden, Williams-Sonoma, Best Buy and Home Depot reveal uneven consumer spending, with affluent shoppers outpacing cautious middle- and lower-income buyers.
Moby summary of WD-40 Company's Q3 2026 earnings call
Investing.com -- Wolfe Research reshuffled its U.S. retail coverage on Monday, upgrading Target to Outperform and selecting it as a top pick into year-end, while downgrading Home Depot and Five Below to Peer Perform.
Although they sit atop the home improvement industry, these two businesses aren't immune from macroeconomic forces.
Lowe's (LOW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Over the last six months, Home Depot’s shares have sunk to $328.82, producing a disappointing 7.9% loss - a stark contrast to the S&P 500’s 8.4% gain. This may have investors wondering how to approach the situation.
HD's positive comps, Pro momentum and digital growth signal early stabilization despite housing pressures and softer discretionary demand.
Investors are putting more thought and energy into minimizing taxes and investment fees these days. Today’s U.S. consumer-price index report and Fed Chairman Kevin Warsh’s debut following next week’s rate decision will give investors an important reading on the cost of living and how much of a priority controlling it is in Washington. The Fed’s preferred inflation gauge has been running above its own target for 62 months straight.
Traders fleeing Friday's selloff took refuge in companies like Kleenex-maker Kimberly-Clark. On Tuesday, they're piling into peanut butter and home-improvement supplies. Shares in Home Depot were recently the Dow's best performers, while Jif-maker J.
RH's Q1 results are likely to reflect housing weakness, tariffs and expansion costs amid gallery momentum and Milan/London buildout.
Wall Street looked set to see chipmakers continue their rebound on Tuesday, with investors continuing to pick through the wreckage of last week's tech sell-off ahead of key US inflation data. Futures pointed higher across the board, with contracts on the Nasdaq 100 up 0.9%, S&P 500...
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