Home Depot Inc Q2 2020 Earnings Call Summary - Thomson StreetEvents

Home Depot Inc Q2 2020 Earnings Call Summary

Home Depot Inc Q2 2020 Earnings Call Summary - Thomson StreetEvents
Home Depot Inc Q2 2020 Earnings Call Summary
Published Aug 18, 2020
18 pages (9951 words) — Published Aug 18, 2020
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of HD.N earnings conference call or presentation 18-Aug-20 1:00pm GMT

  
Brief Excerpt:

...A. COVID-19 Actions: Co. has navigated crisis by aligning its decisions and actions to some of its most important values, do the right thing and take care of people. 1. 2. Co.'s focus has been and continues to be on two key priorities, safety and well-being of associates and customers, and providing customers with products and services they need at this time. 3. In 1Q, Co. had to adjust its stores to an environment that promoted social and physical distancing, and it did this by implementing a change to store hours, limiting number of customers in-store and eliminating traffic driving events and operational changes like floor marking, signage and plexiglass shields. 4. In 2Q, Co. continued to adapt based on its learnings and ever-changing environment. 5. Team continues to work to promote a safe shopping environment. 6. Made several adjustments to operating approach. Expanded operating hours from 6:00 PM to 8:00 PM. a. This action was taken to relieve end-of-day bottlenecks Co. observed...

  
Report Type:

Brief

Source:
Company:
Home Depot Inc
Ticker
HD.N
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
Buy Now

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Steven Paul Forbes - Guggenheim Securities, LLC, Research Division - Analyst : Maybe just to focus on the additional workforce benefits that you've noted here. I don't know, Richard, if you can go into a little more detail about the $480 million. Is it simply just tied to the weekly bonuses? And then just revisit sort of what the current thinking is around the continuation of these bonuses, what have you committed to? And sort of how do you sort of think about balancing the cultural impacts, right, of it with obviously the commitment you have towards safety, et cetera? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 18, 2020 / 1:00PM, HD.N - Q2 2020 Home Depot Inc Earnings Call


Question: Steven Paul Forbes - Guggenheim Securities, LLC, Research Division - Analyst : And then just a quick follow-up, right, as we look at lumber inflation here and think about the puts and takes on the model. I don't know if you can sort of just give us your current thinking about the potential implications as we look out to the third quarter here, given that you called out mix. I mean how do we sort of contextualize the P&L impacts?

Table Of Contents

Home Depot Inc Q4 2020 Earnings Call Summary – 2021-02-23 – US$ 54.00 – Edited Brief of HD.N earnings conference call or presentation 23-Feb-21 2:00pm GMT

Home Depot Inc Q3 2020 Earnings Call Summary – 2020-11-17 – US$ 54.00 – Edited Brief of HD.N earnings conference call or presentation 17-Nov-20 2:00pm GMT

Home Depot Inc Q3 2020 Earnings Call Transcript – 2020-11-17 – US$ 54.00 – Edited Transcript of HD.N earnings conference call or presentation 17-Nov-20 2:00pm GMT

Home Depot Inc at Goldman Sachs Global Retail Conference (Virtual) Transcript – 2020-09-10 – US$ 54.00 – Edited Transcript of HD.N presentation 10-Sep-20 3:40pm GMT

Home Depot Inc Q2 2020 Earnings Call Transcript – 2020-08-18 – US$ 54.00 – Edited Transcript of HD.N earnings conference call or presentation 18-Aug-20 1:00pm GMT

Home Depot Inc Investor And Analyst Conference Transcript – 2004-01-16 – US$ 54.00 – Edited Transcript of HD.N corporate analyst meeting</ 16-Jan-04 2:00pm GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Home Depot Inc Q2 2020 Earnings Call Summary" Aug 18, 2020. Alacra Store. May 16, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-Home-Depot-Inc-Earnings-Call-B13037424>
  
APA:
Thomson StreetEvents. (2020). Home Depot Inc Q2 2020 Earnings Call Summary Aug 18, 2020. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2020-Home-Depot-Inc-Earnings-Call-B13037424>
  
US$ 54.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.