The Home Depot (HD) expects to finalize its acquisition of Interline Brands by 3Q16. Currently, Interline Brands is partly owned by private equity firms Goldman Sachs Capital Partners (GS) and P2 Capital Partners, LLC and by company management. Home Depot said the guidance in part reflect the planned completion of its acquisition of Interline Brands Inc. and stock buybacks. Home Depot’s sales have been helped by healthy spending among wealthier Americans in an improving housing market. NORWALK -- A Norwalk man has been arrested for allegedly stealing paint from Home Depot, returning the merchandise for a store credit and head-butting a store employee in the process. Dustin Wymss, 21, of 4 Union Ave., Apt. 15, was charged with two counts Home Depot recently agreed to pay $1.6 billion in cash to buy Interline Brands, a national distributor and direct marketer of maintenance, repair and operations products. The acquisition is expected to close in the Nov. 1-ending third quarter. Both chains In a blog post from this week, The Home Depot also encourages goers to stock up on hand sanitizer, locks, heavy duty tape, and glow-in-the-dark and fluorescent spray paints. Radical Self-Expression (Principle No. 5), with an assist from The Home Depot. From their orange logo and aprons to their spacious and industrious floor space, people recognize the “Home Depot” name and brand. The Home Depot has strong Zacks Rankings and consistent earnings, as well as a respectable Forward PE value of 22.22. .
Home Depot expects to finalize its acquisition of Interline Brands by 3Q16, and expects it to be accretive to fiscal 2016 earnings with a contribution of $0.01 to EPS. Overall I believe this was a very strategic acquisition, as I feel Interline's The Home Depot, Inc. HD has successfully completed its previously announced acquisition of Interline Brands, Inc. for $1.625 billion. The company had inked the deal to buy Interline Brands in July. This acquisition will help Home Depot to better serve its NORWALK, Conn. -- A Norwalk man was charged with headbutting an employee at Home Depot while trying to return paint cans he hadn't paid for, according to police. Dustin Wymss, 21, was charged with sixth-degree larceny, third-degree assault and second Supply Holdings Inc. What really pleased investors was that Home Depot raised its guidance for 2015, in part to reflect the expected completion of its acquisition of Interline Brands Inc. (FRA:DE:IBI) . The company raised its expected sales growth .
Gallery of paint brands at home depot:
