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Home Depot will open four distribution centers as it looks to home pros to drive sales growth - TL;DR CNBC

Home Depot will open four distribution centers as it looks to home pros to drive sales growth

Publishing timestamp: 2024-03-14 11:07:12


Summary

Home Depot is building four new distribution centers to cater to home professionals, as they make up about half of the company's business. Despite a decline in revenue, Home Depot is focusing on attracting more professional customers to drive growth. The company is also making changes to better support professionals who handle complex projects.


Sentiment: MIXED

Tickers: HD

Keywords: home depot incbusiness newsretail industrybreaking news: businessbusiness

Source: https://www.cnbc.com/2024/03/14/home-depot-to-open-distribution-centers-in-home-professional-push.html


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