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2024-03-29 10:00:56 ET Summary The Home Depot yesterday announced it will acquire SRS Distribution in a $18.3 billion transaction - $15 billion more than what the business fetched only six years ago. In this update, I share my views on the acquisition of SRS from an operational an...
2024-03-29 07:27:27 ET Summary The Home Depot has announced the acquisition of SRS Distribution, a residential specialty trade distribution company, for $18.25 billion. The acquisition will provide The Home Depot access to a new market worth around $50 billion and complement its e...
2024-03-29 07:00:02 ET Joseph Feldman from Telsey Advisory issued a price target of $360.00 for HD on 2024-03-28 16:18:00. The adjusted price target was set to $360.00. At the time of the announcement, HD was trading at $383.6. The overall price target consensus is at $3...
2024-03-28 15:00:00 ET More on the markets Where This Market Is Going (Technical Analysis) SPY: 2 Opposing Forces Wall Street Lunch: Fed Not Spooked By Recent Inflation Overbought conditions flash across all market caps: Bespoke Investment Group Energ...
2024-03-28 12:44:17 ET More on Home Depot Home Depot: Expect Weak Home Improvement Market In FY24 Home Depot: This Exuberance Is Astonishing - No Margin Of Safety Home Depot: High Valuation And Weak Remodeling Market Home Depot to buy specialty distributor SR...
2024-03-28 09:05:00 ET U.S. stock index futures on Thursday made marginal gains , as market participants looked ahead to the final day of the quarter and an upcoming long weekend on account of the Good Friday holiday. Here are some stocks to watch on Thursday: ... Read the fu...
2024-03-28 07:00:42 ET Home Depot ( NYSE: HD ) subsidiary has agreed to acquire residential specialty trade distribution company, SRS Distribution, in a deal valued at around $18.25B, including net debt.... Read the full article on Seeking Alpha For further details s...
2024-03-28 06:35:55 ET Home Depot Inc (NYSE: HD) just announced plans of buying SRS Distribution for $18.25 billion. Its shares are roughly flat in premarket on Thursday. How will $HD finance SRS acquisition? The announced acquisition reiterates $HD’s commitment to winnin...
The Home Depot Announces Agreement to Acquire SRS Distribution, a Leading Specialty Trade Distributor Across Multiple Verticals; Expands Offering and Capabilities for Pro Customers; Increases Total Addressable Pro Market by Approximately $50 Billion PR Newswire ATLANTA ,...
NORTHAMPTON, MA / ACCESSWIRE / March 27, 2024 / The Home Depot Originally published on Built From Scratch To further extend its mission of training the next generation of skilled tradespeople, The Home Depot Foundation is granting $1 million to its veteran-led disaster response partner Team ...
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2024-06-18 04:18:00 ET If you can imagine buying a stock and holding it for 30 years, you're ahead of the game. By following that kind of investing philosophy, you give yourself a good chance of beating the market and perhaps becoming a millionaire. At the very least, you're likely to retir...
As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June’...
2024-06-17 06:45:00 ET Home Depot (NYSE: HD) has succeeded by becoming a go-to supplier for construction, repair, and remodeling projects for individuals and businesses. Founders Stanley Marcus and Arthur Blank succeeded by bringing together home improvement-related needs, such as l...