HD Jun 2024 350.000 call
- Zacks
Home Depot (HD) Buys SRS Distribution, Reaches $1 Trillion TAM
Home Depot (HD) completes the acquisition of SRS Distribution for $18.25 billion. This acquisition expands its total addressable market to $1 trillion and expands offerings for its Pro customers.
- PR Newswire
The Home Depot Completes Acquisition of SRS Distribution
The Home Depot®, the world's largest home improvement retailer, has completed the acquisition of SRS Distribution, Inc. ("SRS") for a total enterprise value of approximately $18.25 billion. SRS is a leading residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor. The agreement to acquire SRS was announced on March 28, 2024.
- Zacks
Do Home Depot's (HD) Strategies Place It Well Amid Soft Demand?
Home Depot's (HD) efforts to enhance customer experience through investments in supply-chain facilities and digital avenues should keep it poised amid soft demand trends across the industry.
