Menards settles with several states in suit over 11% Rebate Program, COVID price gouging [CBS News]
Home Depot, Inc. (The) (HD)
Last home depot, inc. (the) earnings: 2/25 06:00 am
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Source: CBS News
several states to "resolve claims" of deceptive marketing practices in its popular "11% Rebate Program" and pandemic-era price gouging. Attorney General Keith Ellison said Minnesota will receive $632,167 of the settlement filed on Wednesday in Ramsey County with parent company Menard Inc., headquartered in Eau Claire, Wisconsin. The company's home state was also involved in the suit, along with Arizona, Illinois, Iowa, Kansas, Michigan, Nebraska, Ohio and South Dakota. According to court documents, the attorneys general alleged Menards deceived customers with its promise of saving "big money" because there is actually no real point-of-purchase discount. Instead, customers must fill out a rebate form to eventually receive in-store credit on subsequent purchases. The suit also alleged the company obscured the fact that Rebates International — the name on the address of where rebate forms are sent — is part of Menard Inc. and not a separate company. "An ad that says '11% OFF EVER
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News
- Santa Clara County deputies arrest 3 suspected of running plant theft ring [CBS News]CBS News
- Home Depot (NYSE:HD) was given a new $390.00 price target on by analysts at Truist Financial Corporation.MarketBeat
- HD Investors Have Opportunity to Join The Home Depot, Inc. Fraud Investigation with the Schall Law FirmGlobeNewswire
- The Home Depot, Inc. (HD) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Home Depot (NYSE:HD) had its price target raised by analysts at Daiwa Capital Markets from $348.00 to $360.00. They now have a "neutral" rating on the stock.MarketBeat
HD
Earnings
- 11/18/25 - Miss
HD
Sec Filings
- 12/15/25 - Form 4
- 12/12/25 - Form 4
- 12/12/25 - Form 144
- HD's page on the SEC website