In its largest acquisition ever, Home Depot is expanding its business targeting professional contractors and builders as the home fixer-upper market stalls. Home Depot announced Thursday that it ...

On the third-quarter earnings call, Home Depot said the acquisition was expected to contribute $6.4 billion just in the seven months or so that the business is part of the retailer in fiscal 2024.

Home Depot, the renowned home improvement retailer, has made a monumental move in the industry by announcing its acquisition of SRS Distribution in a deal valued at approximately $18.25 billion.

Analyst Michael Baker maintained his bullish outlook, supported by broad consensus with targets ranging from $308 to $484, signaling continued investor confidence in Home Depot’s long-term strategy.

The acquisition aligns with Home Depot’s strategy to expand offerings for complex projects, with GMS adding drywall and ceiling products to its distribution platform.

The Home Depot is expanding its home improvement and furnishing offerings to “finish the whole room,” acquiring The Company Store, a catalog and e-Commerce retailer of home goods and textiles, from ...

In its largest acquisition ever, Home Depot is expanding its business targeting professional contractors and builders as the home fixer-upper market stalls. Home Depot announced Thursday that it is ...