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The Home Depot Quadruples Commitment to Historically Black Colleges and Universities through Campus Enhancements and Innovative Career-Development Programs

ATLANTA, Jan. 25, 2023 — The Home Depot will increase its investment in Historically Black Colleges and Universities (HBCUs) to $4 million in 2023 by launching an expanded range of community projects and career resources for students in its Retool Your School program. Half of The Home Depot’s increased commitment will prepare HBCU students to thrive in their future careers with new needs-based…

The Home Depot and Ecolab Launch Ecolab Scientific Clean

ATLANTA, Feb. 2, 2023 – The Home Depot is growing its line of cleaning products by partnering with Ecolab Inc., a global leader in water, hygiene and infection prevention solutions and services, to launch Ecolab Scientific Clean. The new retail product line offers the cleaning solutions for commercial, industrial and residential use that Ecolab is known for, now available at The Home Depot.…

The Home Depot Recognized on Fortune’s Most Admired List, Ranking #1 in Specialty Retail

The Home Depot has been recognized on Fortune’s 2023 Most Admired Companies list, ranking #1 in the specialty retail category and #20 overall. Fortune worked with Korn Ferry, surveying 1,500 companies and determined the best-regarded companies in 52 industries.  

The Home Depot Foundation Celebrates Black History Month with New Grants for Atlanta-Based Nonprofit Partners

The Home Depot Foundation works to drive sustainable change and social equity in our local communities all year long. In honor of Black History Month, The Foundation is granting $185,000 to Atlanta-based Black-led and Black-benefitting nonprofit partners.   

The Home Depot Furthers Investment in Renewable Energy at Stores, Installing 13 Megawatts of Solar Power Across California

The Home Depot is partnering with DSD Renewables (DSD) to install 13 megawatts (MW) of solar power on the rooftops at 25 store locations in California. This is a part of The Home Depot’s renewable energy goal to produce or procure 100 percent renewable energy equivalent to the electricity needs for all Home Depot facilities by 2030.   Construction is set to start early this year. These…

Scott Bomar | Senior Vice President – Finance

Scott Bomar is senior vice president of finance for The Home Depot. In his role, he oversees planning and execution against Home Depot’s short and long-term financial targets, directing resource allocation and supporting the company’s strategic initiatives. 

Three Generations of Home Depot: The Casteel-Whisenant Family, made up of Six Associates, Shares Their Orange-Blooded Story

Scott Casteel grew up around retail. After years of working in other fields, it took a lightbulb moment at a family meal to make it click.  

Merchant Q&A: The Environmental Benefits of Tool Rental

At The Home Depot, we know that the most sustainable tool isn’t necessarily the new one on the shelf; often, it’s the one that is rented, serviced and shared. One person who knows about the impact of tool rental is Tony English. As the Senior Director of Merchandising for Home Depot Rental, Tony has joined Eco Actions to explain exactly what makes tool rental a more environmentally friendly…

The Home Depot Recognized as Top User of Green Power By The EPA

For the first time, The Home Depot appears as No. 64 on the U.S. Environmental Protection Agency’s (EPA’s) National Top 100 List of the largest green power users from the Green Power Partnership.  

The Home Depot Announces Fourth Quarter and Fiscal 2022 Results; Plans to Invest Approximately $1 Billion in Annualized Compensation for Frontline, Hourly Associates; Increases Quarterly Dividend by 10 Percent; Provides Fiscal 2023 Guidance

ATLANTA, Feb. 21, 2023 - The Home Depot, the world's largest home improvement retailer, today reported fourth quarter and fiscal 2022 results. Fourth Quarter 2022 Sales for the fourth quarter of fiscal 2022 were $35.8 billion, an increase of $112 million, or 0.3 percent from the fourth quarter of fiscal 2021. Comparable sales for the fourth quarter of fiscal 2022 decreased 0.3 percent, and…