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April 15, 2021, 9:14 a.m. EDT

Home Depot aims to step up delivery speed in South Florida with three new facilities

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By Tonya Garcia

Home Depot Inc. /zigman2/quotes/208081807/composite HD +0.49% has opened three distribution centers "from West Palm Beach and Miami to Fort Myers" in an effort to speed delivery times across South Florida. Two more Miami distribution centers are coming in 2022. The five facilities will create 150 jobs in the region. "These investments are helping us deliver to our Pro and DIY customers across South Florida when, where and how they want," said Kyle Dennis, vice president of supply chain development, in a statement. Rival Lowe's Cos. Inc. /zigman2/quotes/205563664/composite LOW +1.19% announced this week that it is stepping up its customer service to professional clients. Home Depot stock is up 20.5% for the year to date while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.66% has gained 10.2% for the period.

/zigman2/quotes/208081807/composite
US : U.S.: NYSE
$ 339.25
+1.67 +0.49%
Volume: 3.00M
May 7, 2021 4:00p
P/E Ratio
28.41
Dividend Yield
1.95%
Market Cap
$362.97 billion
Rev. per Employee
$261,708
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/zigman2/quotes/205563664/composite
US : U.S.: NYSE
$ 208.40
+2.46 +1.19%
Volume: 3.69M
May 7, 2021 4:03p
P/E Ratio
26.92
Dividend Yield
1.15%
Market Cap
$147.70 billion
Rev. per Employee
$263,521
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,777.76
+229.23 +0.66%
Volume: 311.63M
May 7, 2021 5:15p
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