Latest news with #TheHomeDepot
Forbes
16 hours ago
- Business
- Forbes
PGA Tour Superstore Names Troy Rice As New CEO As Expansion Continues
PGA Tour Superstore has hired Troy Rice, a former executive at The Home Depot — also owned by Arthur ... More Blank — as the retailer's new CEO. PGA Tour Superstore PGA Tour Superstore, the nation's largest specialty golf retailer, has hired Troy Rice as its new chief executive officer, bringing aboard a leader with a proven track record of scaling major retail chains and driving explosive growth as it continues its nationwide expansion. While Rice most recently served as CEO of Total Wine & More for three years, he also spent 16 years at The Home Depot, which was co-founded by PGA Tour Superstore owner Arthur Blank, rising from management trainee to lead the company's largest division. His tenure there included overseeing $24 billion in sales across more than 600 stores, providing him with deep big-box retail expertise that directly translates to PGA Tour Superstore's model. Rice's appointment, which concludes a three-month search, comes as PGA Tour Superstore pursues ambitious expansion plans to grow the company from its current 77 stores to more than 100 locations over the next two years. Rice officially begins his role on Sept. 2, succeeding Dick Sullivan, who announced his retirement plans in April after guiding the company as CEO for 15 years. Sullivan will remain as executive chairman and continue serving on Blank's board of trustees while Jill Spiegel, who has been instrumental in the company's recent growth, will continue in her role as PGA Tour Superstore's president, reporting to Rice. "Troy's proven record of success makes him an exceptional fit," said Blank, who also owns the NFL's Atlanta Falcons and the TGL-champion Atlanta Drive. "His experience and leadership roles at Home Depot and in dynamic retailers since then underscore his deep understanding of our core values and operational discipline. His achievements, particularly his ability to drive growth, lead transformation and elevate customer experiences, reflect his understanding of today's retail climate.' At Total Wine & More, the beverage retailer nearly tripled its sales from $2.5 billion to $6 billion under Rice's leadership while expanding from 165 to 274 store locations. Additionally, Rice helped accelerate the company's online sales from $300 million to more than $1 billion, a notable rise within an increasingly digital retail landscape that PGA Tour Superstore is also targeting. Rice has had senior executive roles at The Home Depot, Toys "R" Us, Office Depot and, most recently, ... More Total Wine & More. He now succeeds Dick Sullivan as PGA Tour Superstore's CEO. PGA Tour Superstore "I am thrilled to join PGA Tour Superstore and help build on the business that Arthur, Dick, Jill and the entire team have created," Rice said. "This is truly a best-in-class business that leads the way in customer experience and provides golfers with the best the game can offer." Rice also led significant growth at Toys "R" Us, where he increased revenue from $5.5 billion to $8.2 billion across 850 stores, and successfully oversaw the merger between Office Depot and Office Max while serving as chief operating officer, managing 1,500 stores and $6 billion in sales. But the move to PGA Tour Superstore represents something of a homecoming for Rice, who began his career at The Home Depot in 1990, just over a decade after it was founded by Blank and Bernie Marcus. "To work with Arthur again, who is a true visionary in the retail business, is a dream come true for me," Rice said. The leadership transition comes at a pivotal time for PGA Tour Superstore, which has maintained aggressive expansion even as many retailers have scaled back their physical footprint. The men's apparel section at a PGA Tour Superstore location. PGA Tour Superstore The company has opened more than 30 new stores since 2020, maintaining a pace of eight new locations annually in recent years. That will continue in 2025, as the company's growth strategy balances market penetration with geographic expansion. Current and Future Store Growth Recent openings have included first-time entries into markets like Detroit, Kansas City, Greenville, Nashville, and Richmond, alongside additional locations in established territories. The next two months will see two more states get their first Superstore locations, with openings in Norwalk, Connecticut (August) and St. Louis, Missouri (September). The planned expansion to more than 100 stores is in line with the company's model of 10% annual growth through new store openings, with 10 new locations on tap for 2026. "Between the product selection, associate knowledge, and in-store services, PGA Tour Superstore offers an unparalleled experience in the market," Rice noted, highlighting the experiential retail approach that has driven the company's success even in an increasingly digital marketplace. PGA Tour Superstore, the PGA Tour's exclusive off-course retail partner, achieved record revenues in fiscal 2024 and continues gaining market share in 2025.
Yahoo
18 hours ago
- Entertainment
- Yahoo
The Home Depot unveils 2025 Halloween collection
Skelly Returns Alongside New Friends With Haunting Upgrades ATLANTA, July 29, 2025 /PRNewswire/ -- The Home Depot reveals its 2025 Halloween collection, which promises to captivate decorators of all styles and budgets. Products will be available for purchase on and The Home Depot app starting August 4, and the collection can be previewed online products will hit Home Depot store shelves this fall. "We want to help our customers make Halloween unforgettable," said Aubrey Horowitz, decorative holiday merchant at The Home Depot. "This year's collection has something for everyone. Whether you're a Halloween enthusiast adding to your collection or a family starting new traditions, we've combined creativity, quality and value to make your celebrations even spookier." Skelly Returns The 12-foot Giant-Sized Skelly , a fan-favorite larger-than-life Halloween staple, returns at its original price of $299. For those looking to build out their giant collections, the new, not-so-friendly, 5-foot Sitting Skelly's Dog with LifeEyes LCD Eyes and new 5-foot LED Skelly's Catjoin the lineup to keep Skelly company. Skelly's new pets complement the returning 7-foot Skelly's Dogand the entire flagship Grave & Bones Collection. Interactive Frights with Ultra Skelly For fans eager to elevate their Skelly obsession, the 6.5-foot Animated LED App-Controlled Ultra Skellyis here. This state-of-the-art animatronic is the ultimate interactive showstopper for any collection, with Bluetooth capabilities that allow users to interact in real time with guests and passers-by. When trick or treaters approach the door, the 6.5-foot-tall skeleton can comment on each guest's costume or greet them as they approach –striking excitement, wonder and a little bit of fear in their hearts. Ultra Skelly comes packed with features including five pre-set recordings, up to 30 seconds of custom recording with eerie voice modulation, and app-controlled lighting, movement and interactions. With 18 stunning LCD LifeEyes™ options, it's easy to customize Ultra Skelly to match any décor theme or holiday. The New Gruesome Grounds Collection The Gruesome Grounds Collection is a hauntingly imaginative lineup of giant-sized creatures, animatronics and outdoor décor inspired by eerie forest settings. Highlights include the 15-foot Giant-Sized Animated LED Worricrow, a haunted scarecrow tasked with watching over the pumpkin fields each year, the whimsical 8-foot Giant-Sized Animated LED Tumble the Trollwho has a hunger for candy and plans to trick those who treat, and the mesmerizing 8-foot Giant-Sized Color Changing Animated LED Wyvern, a two-legged dragon prepared to take flight and breathe fire on anyone who crosses its path. Striking a balance between fright and fun, Gruesome Grounds offers endless possibilities for creative displays. Beloved Characters Join the Fun The Home Depot expanded its collaboration with Universal Products & Experiences, bringing new fan-favorite characters from classic films to life to delight fans of all ages. Fans can find the 3.5-foot Animated LED Scarred Chucky Doll in his iconic resurrected look, all stitched up as seen in the film "Bride of Chucky," and the 3.5-foot Animated Tiffany Valentine Doll , also known as the Bride of Chucky, to pair perfectly with her other half. With life-like facial animations, powered by servo motor technology, this mischievous duo will send chills down trick-or-treaters' spines when they say iconic lines from the film "Bride of Chucky." The set will be available both online and in-store. The new 6-foot Animated LED Bride of Frankenstein and returning 7-foot Animated LED Frankenstein's Monster are also available online, highlighting two of the most iconic Universal Monsters. Storage Solutions for Lasting Memories To help customers keep their Halloween treasures in top condition for years to come, The Home Depot offers practical storage solutions like the Home Accents Holiday Décor Storage Bagandthe new Husky 170 Gallon Pro Grip Storage Tote. This colossal tote is perfect for the Halloween enthusiast and can protect and preserve larger-than-life skeletons while they rest in customers' garages and crawl spaces waiting to be displayed in front yards for onlookers to enjoy. The Home Depot's 2025 Halloween collection will be available for purchase online starting Monday, August 4, while supplies last. With free delivery on over 2 million items and same-day or next-day delivery on select products, customers can get a head start on creating their ultimate Halloween displays before products arrive in stores this fall. About The Home Depot The Home Depot is the world's largest home improvement specialty retailer. The company operates more than 2,350 retail stores, over 800 branches and more than 325 distribution centers that directly fulfill customer orders across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index. View original content to download multimedia: SOURCE The Home Depot
Yahoo
3 days ago
- Business
- Yahoo
Why The Home Depot (HD) Remains a Reliable Dividend Pick in the Dogs of the Dow
The Home Depot, Inc. (NYSE:HD) is included among the 11 Dogs of the Dow Dividend Stocks to Buy Now. An insurance broker discussing policy options with a homeowner. The company is facing challenges expanding its business amid a tough economic climate marked by elevated interest rates and growing caution among consumers when it comes to major purchases. Still, several positive trends could work in the company's favor. Housing inventory in the US remains tight compared to demand, and the average home is aging. In addition, homeowners have access to trillions of dollars in home equity that could be used for remodeling and improvements. As economic conditions stabilize or improve, Home Depot is likely to benefit from stronger demand. In the first quarter of 2025, The Home Depot, Inc. (NYSE:HD) reported revenue of $39.86 billion, up 9.44% from the same period last year. Comparable sales declined by 0.3%, while US comparable sales saw a slight increase of 0.2%. The company noted that fluctuations in foreign exchange rates had a negative effect, reducing overall comparable sales by about 70 basis points. The Home Depot, Inc. (NYSE:HD) reported an operating cash flow of $4.3 billion and ended the quarter with $1.4 billion in cash and cash equivalents. The company is a reliable dividend payer with 16 consecutive years of dividend growth under its belt. Currently, it offers a quarterly dividend of $2.30 per share for a dividend yield of 2.45%, as of July 26. While we acknowledge the potential of HD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
The Drive
6 days ago
- Automotive
- The Drive
Ryobi Dual-Function Creeper and Seat Review: Handy Stool With Headlights
The latest car news, reviews, and features. If you spend any time tinkering with or detailing vehicles just a couple of feet off the ground, a rolling stool is a garage essential. And if you sometimes need to get under a car, a creeper can be critical too. This Ryobi 18V dual-function creeper/seat can transform between both, and has a few other helpful features as well. Review Contents: This thing's full name is the Ryobi 18V ONE+ Dual Function Lighted Creeper/Seat, and the model is PCL692B. You can buy it at The Home Depot for $159.00, and it comes with a three-year warranty. Headlights on a stool? More useful than you might think! Andrew P. Collins It's a rolling creeper you can slide around on your back on, but when you pull a lever, it splits upward and converts into a stool. Plug a sold-separately Ryobi battery into the back and you can use two little flexi-arm lamps to illuminate your work area. There's also a parts tray. Ryobi is sold exclusively at The Home Depot, but it is not really the retailer's 'house brand.' It's actually owned by Techtronic Industries (TTI), which is also the parent company of Milwaukee, Hart, AEG, and a handful of other tool and home maintenance brands. Running a signature highlighter green color, Ryobi is designed for homeowner and hobbyist-level work. I would not recommend it for daily commercial-grade abuse, but as a lower-cost option for around-the-house tinkering and repairs, it's fine. This feature-rich creeper is an interesting in-betweener, because it's much more money than a basic creeper, but still far cheaper than something similar from a fancier brand. Very Easy. Andrew P. Collins This creeper/seat comes with paper instructions and a QR code claiming to link to an assembly video. Unfortunately, that didn't work—it just took me to the product page. But you won't be annoyed by this for long, because even without a guide, the assembly is pretty much pet-money level work. All you need to do is tighten six caster wheels and insert six pins at the hinge points. Once you've got it together, well, you know how to roll around on a stool, right? The only other function to understand is the pair of lights on bendy mounts—just point them where you want light and hit the button. Well-equipped. Andrew P. Collins In just one Sunday of driveway wrenching, I learned to appreciate the versatility of this thing. I was doing brakes on my Polaris Ranger while my brother-in-law did brakes on his Bimmer, and we both made use of the Ryobi as a creeper and a seat. I ended up using the parts tray to hold my phone, which was handy because it's always falling out of my pocket when I'm climbing around cars. The pointable lights, which I initially thought looked silly, turned out to be quite helpful. Unlike a magnetic worklight, you can put these anywhere—I rolled the creeper under the BMW and shined a light up at my BIL's work area with great results. The only annoying thing about them is that they sag a little after being positioned. But brightness is great—even on a sunny day, they helped light up the dark corners of vehicle undersides. You just slide the green bit on the light a little to adjust the focus of the beam. Andrew P. Collins You can also focus the lights between a spot and wider spot beam, which is pretty cool. This device is also compatible with Ryobi's Link system (where you can attach trays for parts and things). Fine. There are no glaringly ugly welds or connection points; in fact the seams are all pretty clean. The plastic all feels reasonably robust without weird gaps, and the caster wheels spin and roll nicely. The lever that lets you raise the stool from the creeper is a little inelegant, as are the staples holding the cover on the seat pads. The bendy arms that the lights are mounted on don't stay in position as nicely as I'd like them to. The attachable parts tray is very dinky and can fall off. Great. Looking up torque specs, or scrolling Instagram, while Rick does actual work. The flip-up pad that you'd use to support your head in creeper mode is also handy when it's right behind your butt. That little extra bit of backside comfort really went a long way; my old stool is just flat-bottomed. The tall caster wheels make it really easy to scoot around on this thing, even over rougher pavement. Your body does tend to get in the way of the lights a little more when this thing's in stool mode, but you can still get utility out of them. The plastic area near the carry handle also has holsters for tools, like sockets and pliers, which is also pretty nice. Good. You need to lift a car quite high to get this thing to fit under a car—that's my only real complaint about its viability as a creeper. The headlamps are incredibly helpful in this mode; you can adjust them from spot to flood beams (relatively speaking) and light up your whole under-car work area rather nicely. But I personally still don't like creepers in general—I find them too bulky for quickly swinging in and out from under something. I'd still rather use something super-thin like the Husky Liners Garage Mat. The Ryobi creeper makes a great flashlight holder. My brohan Ricky here used the Husky garage mat for his knees and tools while the Ryobi lit up his work area from the other side. Andrew P. Collins And while I liked the wheels for how smoothly they rolled, they also picked up debris quite quickly. If you're lucky enough to have a glass-smooth concrete floor, must be nice, and you won't have this problem. For the rest of us working in old houses and driveways, beware of rocks and tree bits. Mid. If you live anywhere besides a big city, you can probably score a creeper at a yard sale for like $10 on any given summer weekend. If your grandpa's still alive, ask if you can have his old one. If you want a new convertible one with a stool mode, even those can be found for under $50 on Amazon. So, at $160 plus tax, it feels like you're paying a pretty big premium here for the lights. However—there is also the general niceness factor, which is tough to articulate, but I'll do my best. A $40 creeper/stool will perform the same function, but the form factor on this is considerably nicer than a bottom-end one. You also get a nice three-year warranty and the convenience of The Home Depot's customer service desk—if this thing breaks on you at 6 p.m. on a Sunday, you can probably whip over to your local HD and get it swapped out with the receipt. Decent. I just realized my gym shorts color-match this stool. Andrew P. Collins Broadly speaking, I like this thing. Personally, I think I'd rather buy a nice stool with a backrest. But if you like the idea of a convertible stool-and-creeper in one, give this thing a look. Headlights turned out to be surprisingly useful on a stool, and it's quite comfortable to sit or lie down on. Touchpoint quality was fine. You can get a basic stool/creeper combo for far less money, but even at full list price, this still isn't all that expensive. If you're already in the Ryobi battery ecosystem, it's not a bad pick-up. It would also make a good gift for somebody who likes to casually tinker, especially if they have other Ryobi tools in their arsenal (for battery compatibility). Because it's nice to have, and the lights are fun, but all the DIY'ers I know are cheapskates and would hesitate to buy anything for themselves that only serves comfort purposes. Super comfy, especially as a stool Surprisingly useful headlamps Nice rolly wheels Expensive for a creeper Requires a big battery A little cumbersome to store Weight Capacity: 400 pounds Light Brightness: 800 lumens max Per Light, Flood Mode High: 400 lumens Per Light, Flood Mode Low: 200 lumens Per Light, Spot Mode High: 200 lumens Per Light, Spot Mode Low: 100 lumens Caster Wheel Size: 3 inches Height (Stool Mode): 16.74 inches Height (Creeper Mode): 6.75 inches Min Battery Runtime: 3 hours on high brightness with a 2Ah battery Stool seat Creeper seat and frame All necessary assembly hardware Small assembly hex wrench Two lights (pre-wired and bulb-equipped) Caster wheels Printed instructions A battery is not included, but Ryobi runs 'free batteries with tools' deals all the time, so keep your eyes out for one of those. See It Our team's hard at work, testing tools, parts, and shop equipment. Let our trials and experience be your guide to mastering The Garage. News svg]:stroke-white [&>svg]:fill-white -top-[1px]>
Yahoo
6 days ago
- Business
- Yahoo
What You Need to Know Ahead of Home Depot's Earnings Release
Atlanta, Georgia-based The Home Depot, Inc. (HD) operates as a home improvement retailer in the United States and internationally. With a market cap of $369.1 billion, the company offers a diverse range of branded and proprietary home improvement items, building materials, lawn and garden products, decorative products, and related services. The home improvement titan is expected to announce its fiscal Q2 2025 earnings results before the market opens on Tuesday, Aug. 19. Ahead of this event, analysts expect the company to report a profit of $4.71 per share, up marginally from $4.67 per share in the year-ago quarter. It has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on one other occasion. More News from Barchart NVDA Broken Wing Butterfly Trade Targets A Profit Zone Between 150 and 160 Is Opendoor Stock a Buy at New 52-Week Highs? Billionaire Peter Thiel is Betting Big on Stablecoins. Should You Buy the "MicroStrategy of Ethereum," Too? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2025, analysts expect the company to report an EPS of $15.03, down 1.4% from $15.24 in fiscal 2024. However, its EPS is likely to rise 9.3% annually to $16.43 in FY2026. Shares of HD have gained 4.7% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) 14.5% rise and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 19.9% return over the period. On May 20, shares of HD closed down marginally following the release of its Q1 earnings. The company's revenue increased 9.4% from the year-ago quarter to $39.9 billion and surpassed the Street's estimates, mainly driven by a robust growth in customer transactions. However, the company's adjusted EPS for the quarter came in at $3.56, falling marginally short of the consensus estimates. Analysts' consensus view on HD's stock is highly upbeat, with a "Strong Buy" rating overall. Among 35 analysts covering the stock, 26 recommend "Strong Buy," one suggests "Moderate Buy," seven indicate 'Hold,' and the remaining analyst gives it a 'Strong Sell.' HD's mean price target of $422.18 represents a 12.2% upswing from the current market prices. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
