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4-Traders Homepage  >  Equities  >  Nyse  >  Home Depot (The)    HD

HOME DEPOT (THE) (HD)
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Home Depot : Saves Customers 76 Billion Gallons of Water with WaterSense® Certified Products, Earns 2017 Retail Partner of the Year Distinction

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10/05/2017 | 09:35pm CEST

ATLANTA, October 5, 2017 - The U.S. Environmental Protection Agency (EPA) has recognized The Home Depot®, with a 2017 WaterSense® Sustained Excellence Award for its commitment to promoting the value of water efficiency to its customers, encouraging innovation within its vendors and supplier base, and for decreasing water use within its operational footprint.

EPA's Sustained Excellence Award is the organization's highest honor for water conservation and this is the third consecutive win for The Home Depot. The company's goal is to save consumers 250 billion gallons of water by 2020 through the sale and proper use of WaterSense certified products.

  • The Home Depot's annual sales of WaterSense products saved customers 76 billion gallons of water; equal to $643 million in avoided water utility costs.
  • In stores, all new bathroom vanity faucets, showerheads and toilets are WaterSense labeled.
  • The company has captured more than 72.5 million gallons of rainwater, enough to fill 1.4 million standard bathtubs, from reclamation tanks in its garden centers.

'The Home Depot is committed to water conservation and efficiency in both the products we sell and in our store operations,' said Ron Jarvis, vice president of environmental. 'The WaterSense label and partner recognition enables us to educate consumers on the value of water and the positive impacts they can make in their homes on a daily basis.'

'Since 2006, utilities, manufacturers, retailers, builders, communities, states, and other organizations have voluntarily supported WaterSense program's efforts to protect and preserve our nation's water supply for future generations,' said WaterSense Program Manager Veronica Blette. 'By saving water together, these award winners and all of our partners help consumers and businesses realize the environmental and economic benefits of water efficiency.'

The Home Depot now offers over 7,000 WaterSense labeled fixtures and appliances in its stores and online; an increase of more than 2,000 products year-over-year.

Take a behind the scenes look at WaterSense Partner TOTO, USA's commitment to water conservation in action, here: [Link to BFS story]

For more information about WaterSense, visit www.epa.gov/watersense.

About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer, with 2,282 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2016, The Home Depot had sales of $94.6 billion and earnings of $8.0 billion. The Company employs more than 400,000 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.

About WaterSense®
WaterSense, a partnership program sponsored by EPA, seeks to protect the future of our nation's water supply by offering consumers and businesses simple ways to use less water with water-efficient products, homes, and services.

###

For more information, contact:

Aaron Bastian
Corporate Communications Manager
770-384-2892
[email protected]

The Home Depot Inc. published this content on 05 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 October 2017 19:34:01 UTC.

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Financials ($)
Sales 2019 108 B
EBIT 2019 15 618 M
Net income 2019 10 857 M
Debt 2019 17 611 M
Yield 2019 2,03%
P/E ratio 2019 21,28
P/E ratio 2020 19,72
EV / Sales 2019 2,31x
EV / Sales 2020 2,24x
Capitalization 232 B
Chart HOME DEPOT (THE)
Duration : Period :
Home Depot (The) Technical Analysis Chart | HD | US4370761029 | 4-Traders
Technical analysis trends HOME DEPOT (THE)
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 209 $
Spread / Average Target 4,2%
EPS Revisions
Managers
NameTitle
Craig A. Menear Chairman, President & Chief Executive Officer
Carol B. Tomé Chief Financial Officer & EVP-Corporate Services
Matthew A. Carey Chief Information Officer & Executive VP
Gregory D. Brenneman Lead Independent Director
Armando M. Codina Independent Director
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