When did Home Depot have its IPO? Why did Home Depot decide to have an IPO when it had its IPO?
An analyst explains Home Depot's revised guidance following Q3 sales miss
Home Depot IPO
When did Home Depot have its IPO?
September 22, 1981
Why did Home Depot decide to have an IPO when it had its IPO?
The Home Depot Inc. has begun investigating "strategic alternatives" for its wholesale distribution subsidiary HD Supply, including a possible sale, spin off or initial public offering of the unit.
"Today's announcement is a continuation of the strategic review we did in November," said Frank Blake, chairman and CEO of Home Depot.
"We are undertaking this action today because of our desire to increase our focus on our retail business. With annual revenues of approximately $12 billion, HD Supply is a healthy, growing and vibrant business, and we are undertaking this evaluation to determine whether there are ...