âThe team demonstrated ongoing flexibility to operate effectively in a very challenging environment and deliver record-breaking sales and earnings,â Chairman and CEO Craig Menear said in the earnings announcement. More than 190,000 ceiling fans sold by Home Depot are being recalled because the blades could spin off while in use, possibly injuring those nearby. According to a news release issued by Panama City police, White wore a Home Depot employee apron âin an attempt to conceal his actsâ and led officers on a brief foot chase before being detained. The housing market was among the very few bright spots for the U.S. economy in the year of the lockdown and Home Depot became its supplier, racking up an unprecedented $132 billion in ⦠Home Depot said Tuesday (Feb. 23) its fourth-quarter revenue rose 25.1 percent, capping a record-breaking year of sales and earnings. 1 seed ousted in March Madness, Trump looking to launch social media platform, adviser says, Bodies of two hikers found at Acadia National Park in Maine, Duckworth calls for "deeper investigation" into anti-Asian crimes, Severe flooding hits New South Wales, Australia, U.S. looking to loan AstraZeneca vaccine to other countries, Some teachers uneasy about returning before getting vaccine, Trump urges people to get COVID vaccine, saying it's safe and works, IRS to delay tax filing deadline until May 17, Teens try to cope after both parents die from COVID, First baby born with COVID antibodies to vaccinated mother, Moderna testing COVID-19 vaccine on young kids, Vaccines drive optimism about containing COVID pandemic — CBS News poll. About The Study: A New Approach For Modernizing Payments In Banking, a PYMNTS collaboration with Red Hat and Temenos, is a research-based report examining the trends transforming retail commerce and how these shifts are creating new challenges and opportunities for banks. Market data provided by ICE Data Services. Inside the prosecution of the Capitol rioters, Learning what it takes to bring students back to school, Race in the Ranks: Investigating racial bias in the U.S. military, Biden administration pressed to allow media to border facilities, Illinois becomes first No. Sections News Georgia couple sues Home Depot, claims contractor botched home renovation project Share By: Dave Huddleston, WSB-TV and WSBTV.com News Staff Updated: February 19, 2021 - 12:08 AM Author: 11alive.com But many say it isn't enough. Here's how to track your third stimulus check, IRS warns monthly Child Tax Credit checks may face delays, Jeep to unveil new Cherokee SUVs amid name controversy, 48% of U.S. health workers still haven't received COVID-19 vaccine, California Privacy/Information We Collect. December 29, 2020 / 7:58 PM You must spend $50 to use the coupon. Stimulus checks are arriving. Signing up is easy -- ⦠The Home Depot is looking to hire more than 3,000 workers in the Los Angeles area for their busiest season, and will aim to fill part-time and full ⦠The news comes as Home Depot rode the pandemic-fueled home improvement wave to a large rise in its in-store comp sales for Q3. The Home Depot | Helping doers in their home improvement projects. PYMNTS STUDY: A NEW APPROACH FOR MODERNIZING PAYMENTS IN BANKING – 2021. By Kate Gibson ... Get browser notifications for breaking news, live events, and exclusive reporting. By comparison, Ace Hardware Corporation reported on Feb. 16 as part of its financial results that revenues soared 39.2 percent between fourth quarter 2019 and fourth quarter 2020. King of Fans, the Fort Lauderdale, Florida-based distributor of the product — sold exclusively by Home Depot — said it had received 47 reports of the product's fan blades detaching, with at least two consumers hit by a blade and four instances of property damage. Worker dies in apparent accident at St. Petersburg Home Depot, police say A load of drywall struck the delivery driver Sunday evening at the store, 2300 22nd Ave. The Hampton Bay 54-inch Mara Indoor/Outdoor fans were sold in stores and online from April through October of this year for about $150, according to the recall notice posted by the U.S. Consumer Product Safety Commission. The recalled fans came in three finishes: Consumers have been urged by the CPSC to stop using the fans immediately, and to check them for signs of defects. News provided by The Associated Press. The report aims to offer banks a roadmap to help them gain the technical capacity to support digital payments in all their forms. Read More » ... Home Depot jobs, KIA recall, Disney+ subscribers on the rise: News in Numbers. Breaking News. As for its overall results, Home Depot reported $2.65 in diluted earnings per share on sales of $32.3 billion, which exceeded analyst estimates of $2.62 in earnings per share on $30.73 billion in revenues. The firm registered $33.5 billion in sales for the third quarter of fiscal 2020, a rise of $6.3 billion or 23.2 percent higher than 2019. Home Depot shares have increased nearly 4% since the beginning of the year, while the Standard & Poor's 500 index has risen 3%. Home Depot said it was not offering guidance for fiscal 2021 because of the lack of certainty when it comes to the length of the coronavirus pandemic and its impact on the shopper. Get browser notifications for breaking news, live events, and exclusive reporting. If you subscribe to text alerts from Home Depot, you will get a coupon sent to you via text message for $5 off your next purchase. / MoneyWatch. The country's largest home improvement retailer reported that comparable sales for the quarter climbed 24.5 percent, including 25 percent growth at its U.S.-based stores. Consumers can contact King of Fans for a replacement at (866) 433-1291, Monday through Friday, from 9 a.m. to 5 p.m. EST, or by email at MaraRecall@KingofFans.com. The trouble does not impact all of the China-made Mara 54-inch fans, according to the company, which offered a link to a YouTube video showing consumers how to determine if a fan is defective and needs to be replaced. In a pandemic-distorted economy, Home Depot raked in $132 billion in revenue from February 2020 to January 2021, an increase of nearly 20% over the previous fiscal year. âAs we look ahead to fiscal 2021, while we are not able to predict how consumer spending will evolve, if the demand environment during the back half of fiscal 2020 were to persist through fiscal 2021, it would imply flat to slightly positive comparable sales growth and operating margin of at least 14 percent,â Executive Vice President and CFO Richard McPhail said in the announcement. Home Depot said Tuesday (Feb. 23) its fourth-quarter revenue rose 25.1 percent, capping a record-breaking year of sales and earnings. Up Late breaks down the news of the day by the numbers. The Home Depot is looking to fill more than 3,000 full-time and part-time openings in Los Angeles County as it prepares for its busy spring season. About 182,000 of the fans were sold in the U.S. and another 8,800 were sold in Canada, it said. Breaking news from The Marshall News-Messenger delivered straight to your inbox. © 2021 Whatâs Next Media and Analytics, A NEW APPROACH FOR MODERNIZING PAYMENTS IN BANKING – 2021, Home Insurance Firm Hippo Plans To Merge With SPAC To Go Public, Salesforce: How Account-To-Account Payments Ease Firms' Cash Flow Crunches, Home Furnishings Marketplace Chairish Designs Its Future; Focuses On Customer, Payments Experience, Study: Credit Union Digital Innovations Need To Reflect New Member Demands, Walgreens Grows On-Demand Delivery Offerings With Instacart. Those who notice "blade movement or uneven gaps between the blades and fan body" during inspection should contact King of Fans for a free replacement. Breaking. Copyright © 2021 CBS Interactive Inc. All rights reserved. First published on December 28, 2020 / 11:26 AM. © 2020 CBS Interactive Inc. All Rights Reserved. Two philanthropists who co-founded The Home Depot are helping to fund a new health and mental wellness network that will provide care to veterans and first responders. Legal Statement. ICE Limitations. The stock has climbed 12% in the last 12 months. For the full year, Home Depot reported a 19.9 percent increase in sales from fiscal 2019. Comparable sales for the period climbed 19.7 percent and comparable sales in the U.S. jumped 20.6 percent. Ceiling fans sold at Home Depot recalled because blades may spin off. Powered and implemented by FactSet. Comparable sales in the U.S. were up 24.6 percent.