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Home Depot Agrees to $2 Million Settlement in ‘Scanner Violation' Complaint
PYMNTS.com· 2024-09-17 00:45
Home Depot will pay nearly $2 million to settle a civil law enforcement complaint alleging overcharging and false advertising. The $1,977,251 settlement involves a problem often called a "scanner violation" in which the price on the item or the item's shelf tag is not the same as the one charged when the UPC code is scanned at the point-of-sale (POS) device or register, the Los Angeles County District Attorney's Office said in a Thursday (Sept. 12) press release. "This settlement is a clear message that suc ...
Home Depot to pay nearly $2M penalty for allegedly overcharging customers
Fox Business· 2024-09-16 22:57
Home Depot is being ordered to pay nearly $2 million to settle a civil claim from California district attorneys that the company overcharged customers for products.  According to Los Angeles County District Attorney George Gascón, the retailer allegedly "engaged in false advertising and unfair competition" because it charged customers prices higher than the lowest advertised or posted price.This type of offense, known as a "scanner violation," occurs when the price on the item or on the item’s shelf tag doe ...
The Home Depot: Moat And Market Opportunity Outweigh Overvaluation
Seeking Alpha· 2024-09-14 15:25
Davslens Photography/iStock Editorial via Getty Images Investment Thesis With a strong moat and a reliable market with secular trends that should support stable growth, The Home Depot (NYSE:HD) remains one of my highest conviction long-term investing ideas. HD’s moat comes from its scale, massive retail store footprint, and the barrier to entry of a highly capital-intensive business that eliminates almost any chance of disruption to HD or its largest competitor, Lowe’s, Inc. (LOW). An aging U.S. housing ...
Top Retail Stocks To Invest In Now? 2 In Focus
Stock Market News, Quotes, Charts And Financial Information | Stockmarket.Com· 2024-09-12 21:27
The retail sector represents a wide array of companies selling goods directly to consumers through various channels. This includes traditional brick-and-mortar stores, e-commerce platforms, and omnichannel retailers. Retail stocks offer investors a chance to own shares in these companies on the stock market. The sector is diverse, covering everything from grocery stores to luxury brands. Retail stocks often reflect consumer spending habits and broader economic trends.Investing in retail stocks can offer sev ...
Prediction: These 2 Stocks Will Soar If Interest Rates Are Cut This Month
The Motley Fool· 2024-09-12 17:15
文章核心观点 - 美联储即将降息,这将对利率敏感型股票产生积极影响 [1] - 降息将提高消费支出,带动零售和其他行业的收入增长 [1] - 房地产行业受高利率影响严重,降息将有利于该行业复苏 [1][2] 行业总结 房地产行业 - 高利率导致房地产市场低迷,房价上涨,房屋销售活跃度下降 [1] - 房地产科技公司Opendoor提供数字化购房体验,在利率下降时有望反弹 [3][4][5] - 家居装修公司如Home Depot也受到房地产市场低迷的影响 [6][7] 家居装修行业 - Home Depot作为行业巨头,正在通过收购等战略性举措来保持领先地位 [7] - Home Depot股票具有防御性,股息收益率较高,有望在利率下降时反弹 [7]
Mexico Gift Card and Incentive Card Market Intelligence Databook 2024, Featuring Wal-Mart, Organizacion Soriana, Controladora Comercial Mexicana, Farmacias Similares, Corporativo Fragua and Home Depot
GlobeNewswire News Room· 2024-09-06 18:30
Dublin, Sept. 06, 2024 (GLOBE NEWSWIRE) -- The "Mexico Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q2 2024 Update" report has been added to ResearchAndMarkets.com's offering.The gift card industry in Mexico is expected to grow by 9.9% on annual basis to reach US$3.8 billion in 2024. The gift card industry in Mexico will continue to grow over the forecast period and is expected to record a CAGR of 9.2% during 2024-2028. Mexico's gift card market is forecast to in ...
The Home Depot, Inc. (HD) Goldman Sachs 31st Annual Global Retailing Conference (Transcript)
Seeking Alpha· 2024-09-05 01:14
The Home Depot, Inc. (NYSE:HD) Goldman Sachs 31st Annual Global Retailing Conference September 4, 2024 9:35 AM ET Company Participants Ted Decker – President and Chief Executive Officer Billy Bastek – Executive Vice President-Merchandising Conference Call Participants Kate McShane – Goldman Sachs Kate McShane Hey, good morning. We're going to start our next fireside chat session. It's my pleasure to introduce the members of management team for Home Depot. Ted Decker Good morning. Kate McShane Good morning. ...
The Home Depot, Inc. (HD) Goldman Sachs 31st Annual Global Retailing Conference (Transcript)
2024-09-05 01:14
会议主要讨论的核心内容 - 公司认为消费者总体保持良好,主要得益于过去几年股票和房地产价值的增长,带来了财富效应,使得消费者的储蓄率较低 [4][5] - 公司业务受到一些负面影响,包括疫情期间商品消费占比提高后的回落,以及房地产交易量大幅下降 [6][7][8] - 公司认为随着利率下降,房地产交易量和装修需求有望恢复,但会有一定滞后 [16][17] 问答环节重要的提问和回答 - 公司表示即使房地产交易量持续低迷,维修需求和存量房屋价值提升也可能带来一定增长 [11][12] - 公司表示正在努力提升市场份额,通过多方数据分析和与供应商合作来评估市场份额变化 [23][24][26][27] - 公司介绍了针对大型专业客户的战略,包括建立销售团队、订单管理和送货等全方位服务,以简化客户的采购流程 [29][30][31][32][34][35][36] - 公司表示供应链建设是支持大型专业客户战略的关键,包括配送中心的多功能性和效率提升 [40][41][42]
3 Dividend Stocks to Buy Now and Hold Forever
The Motley Fool· 2024-08-31 20:00
These companies have the financial strength to pay you passive income for life.It can be comforting to hold stocks of strong companies that regularly pay passive income to shareholders. By selecting the right dividend stocks, an investor can easily put together a portfolio that yields around 3% every year in dividend income. If the companies you select grow their earnings, they'll also boost the dividend payment and the yield on your original investment.To get you started, three Motley Fool contributors wer ...
Is This the 1 Secret to Home Depot's Success?
The Motley Fool· 2024-08-28 20:20
Home Depot's attention to one key customer cohort has been a smart strategy.With trailing-12-month revenue of $152 billion, Home Depot (HD -0.25%) is one of the largest retailers around. Expanding the store base has helped drive up sales over the years, leading to impressive shareholder gains for longtime investors. For example, had you bought the stock 20 years ago, you'd have generated a monster total return of 1,520%.Home Depot clearly dominates the home improvement industry. But I believe there might be ...