Home Depot sales jump 7% but higher coronavirus-related costs drag down earnings

Deutschland Nachrichten Nachrichten

Home Depot sales jump 7% but higher coronavirus-related costs drag down earnings
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 CNBC
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Home Depot reports earnings before the bell — here's what analysts expect

It's been deemed an essential retailer in most states, so its stores have remained open. It's invested in e-commerce and online offerings, such as curbside pickup. And spring is historically the busiest time of the year for the home improvement industry.

The Atlanta-based retailer previously said it planned to invest $3.9 billion in 2020 toward further integrating its online business with its traditional stores. The year is set to be the peak of an $11 billion, three-year investment in the effort. The investments have helped Home Depot to shorten delivery time and develop a more user-friendly website. It's also sought to streamline curbside pickup with automated lockers for customers.

The company previously said it would hire 80,000 additional employees, with many part-time hires staffing its garden center, on par with spring hiring in recent years despite disruption from the coronavirus pandemic.major spring season promotions that drive foot traffic to stores, such as Black Friday-like events.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

CNBC /  🏆 12. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

How to Dye Hair at Home, According to Colorists and Home-Dye EnthusiastsHow to Dye Hair at Home, According to Colorists and Home-Dye EnthusiastsIncluding touch-up kits, semi-permanent color, and temporary root touch-up powder.
Weiterlesen »

Outdoor furniture sales grow as customers prepare for a summer at homeOutdoor furniture sales grow as customers prepare for a summer at homeWith the travel industry crushed by the coronavirus pandemic, it's more than likely that people will be staying close to home this summer.
Weiterlesen »

Home-builder confidence rebounds in May from historic decline as industry grows optimistic about post-pandemic home salesHome-builder confidence rebounds in May from historic decline as industry grows optimistic about post-pandemic home salesConstruction firms are upbeat on the housing industry’s prospects thanks to low interest rates, even though coronavirus-related challenges remain.
Weiterlesen »

How To Maintain Your Mental Health While Working From HomeHow To Maintain Your Mental Health While Working From HomeDr. Nicole LePera shares her insights for staying mentally healthy at your home office.
Weiterlesen »

Alex Isley: Tiny Desk (Home) ConcertAlex Isley: Tiny Desk (Home) ConcertThe R&B singer LoveAlexIsley, whose music has been featured on HBO's 'Insecure,' performs four songs for our Tiny Desk quarantine series. Watch her set 👇
Weiterlesen »

China's ambassador to Israel found dead in Tel Aviv home: policeChina's ambassador to Israel found dead in Tel Aviv home: policeChina's ambassador to Israel was found dead in his home in a Tel Aviv suburb on Sunday, an Israeli police spokesman said.
Weiterlesen »



Render Time: 2025-03-29 16:28:17