J.C. Penney Shifts Away From Appliances in Strategy Overhaul [MSN Money]
Home Depot, Inc. (The) (HD)
Last home depot, inc. (the) earnings: 2/25 06:00 am
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Source: MSN Money
J.C. Penney Shifts Away From Appliances in Strategy Overhaul (Bloomberg) -- J.C. Pney Co. plans to stop selling major applianc as new Chief Executive Officer Jill Soltau overhauls the troubled departmt store chain. The retailer will also d sal of furniture in U.S. stor, and will sell the category online. The chang take effect on Feb. 8, the company said Wednday. Soltau, who stepped into the role in October, began a mission to streamline the 6-year-old retailer, closing underperforming stor and clearing out slow-moving goods to kick-start sal and improve margins. The company made the move to “better meet customer expectations, improve financial performance and drive profitable growth,” it said in a statemt © Bloomberg “Optimizing the allocation of store space will able us to prioritize and focus on the company’s legacy strgths in apparel and soft home furnishings, which reprt higher margin opportuniti,” it said. Former CEO Marvin Ellison had led the move into applianc in 06, and the st
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- The Home Depot Wins 2024 Energy Star Retail Partner of the Year for Sustained Excellence [Yahoo! Finance]Yahoo! Finance
- The Home Depot, Inc. (NYSE: HD) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
HD
Earnings
- 2/20/24 - Beat
HD
Sec Filings
- 4/19/24 - Form PX14A6G
- 4/16/24 - Form PX14A6G
- 4/1/24 - Form ARS
- HD's page on the SEC website