Depot

A customer enters a Home Depot store on August 16, 2022 in San Rafael, California.Justin Sullivan | Getty ImagesHome Depot on Tuesday said it will spend an additional $1 billion to give its hourly employees a raise, as retailers and restaurants compete for workers.The home improvement retailer announced the wage investment as it reported fourth-quarter earnings. It did not disclose the new average wage for employees, but said every market's starting wage is at least $15 an hour.Hourly workers will see the increase, which…

A customer loads plywood to a truck outside a Home Depot store in Galveston, Texas, on Tuesday, Aug. 25, 2020.Scott Dalton | Bloomberg | Getty ImagesHome Depot is set to report their fourth-quarter earnings before the bell Tuesday.Here's what Wall Street is anticipating, based on a survey of analysts by Refinitiv:Earnings per share: $3.28 expectedRevenue: $35.97 billion expectedThe home improvement retailer has repeatedly beat the Street's expectations over the last year, even as it weathered record levels of inflation, a…

Shoppers walk past a Bloomingdale's store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022.Victor J. Blue | Bloomberg | Getty ImagesAfter benefitting from a pandemic-era shopping spree, retailers are preparing for a reality check.Walmart and Home Depot will kick off retail earnings season Tuesday by sharing holiday-quarter results. Other big-name retailers will follow, including big-box players like Target and Best Buy, and mall staples like Macy's and Gap.The companies' reports will come as recession…

NASA astronaut and Expedition 68 Flight Engineer Nicole Mann is pictured in her Extravehicular Mobility Unit, or spacesuit, during her first spacewalk. She and fellow spacewalker Koichi Wakata (out of frame) of the Japan Aerospace Exploration Agency installed a modification kit on the International Space Station’s starboard truss structure that will enable the future installation of the orbiting lab’s next roll-out solar array. Credit: NASAWork to do outside the space station …Honoring a pair of former astronauts …And a…

NASA’s Perseverance rover landed on Mars on February 18, 2020, and has since been spending every Martian sol exploring the western end of Jezero Crater, imaging the Martian surface, and—vitally—collecting rock samples that will be shipped to Earth in the early 2030s.Now, the intrepid rover has cored, stored, and dropped its final sample from the Red Planet. The sample was deposited on January 28, nearly a year since the rover picked up its first specimen from a rock on January 31, 2022.Perseverance had a false start when…

Perseverance’s Three Forks Sample Depot Selfie: NASA’s Perseverance Mars rover took a selfie with several of the 10 sample tubes it deposited at a sample depot it is creating within an area of Jezero Crater nicknamed “Three Forks.” Credits: NASA/JPL-Caltech/MSSSTen sample tubes, capturing an amazing variety of Martian geology, have been deposited on <span class="glossaryLink" aria-describedby="tt" data-cmtooltip="<div class=glossaryItemTitle>Mars</div><div…

The Home Depot is going to install 13 megawatts of rooftop solar on 25 of its stores. The Home Depot’s rooftop solar Solar company DSD Renewables is working with the DIY giant to install rooftop solar on the stores, which are all in California. The solar roof installations will directly power the company’s store locations within the portfolio. Construction will begin in early 2023, and once the solar rooftop installations are fully online, they’re expected to generate more than 17 million…

The location where NASA’s Perseverance will begin depositing its first cache of samples is shown in this image taken by the Mars rover on December 14, 2022, the 646th Martian day, or sol, of the mission. Credit: NASA/JPL-Caltech/ASU/MSSSThe ten sample tubes being dropped on <span class="glossaryLink" aria-describedby="tt" data-cmtooltip="<div class=glossaryItemTitle>Mars</div><div class=glossaryItemBody>Mars is the second smallest planet in our solar system and the fourth…

A home improvement contractor works on a house in Cambridge, Massachusetts.Suzanne Kreiter | The Boston Globe | Getty ImagesAs the U.S. housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe's don't seem to be feeling the same pain. In fact, they're faring better than expected.While homebuilding and home remodeling are integrally connected, the market forces behind each can be different, and that's what's happening now.Home Depot and Lowe's reported strong quarterly…

Home Depot’s revenue came in at $38.87 billion, topping analyst estimates of $37.95 billion. Photo: Sarah Silbiger/Bloomberg News…