Skyscanner Reveals The Best Time To Book & Travel For 2020

February 25, 2020

MIAMI, Feb. 25, 2020 /PRNewswire-HISPANIC PR WIRE/ — When temperatures are cold and days are dreary, it’s hard not to dream about booking a flight to an exotic destination or relaxing in a luxurious hotel by the beach. For those with a major case of wanderlust, Skyscanner, the company leading the global transformation to modern and sustainable travel, has made it even easier to book the trip of your dreams. Skyscanner took a deep dive into its data to find the best time to book the vacation you’ve been daydreaming about at your desk. Whether you’re looking to travel to the farthest corners of the world or just the next state over, we’ve got tips and tricks to ensure you’re getting the best value with minimal stress.

FLIGHTS

Best month to book overall. If you’re looking to book a spontaneous international trip, you’re in luck—February is the one of the least expensive months to book a flight abroad ($698 on average). If you need more time to plan that European getaway, set your calendars for August, when average prices for international flights are $716 on average. For those looking to explore the US, the best value can be found in August and September ($271 and $269 on average, respectively). If you’re looking for the best deals, hold off on booking in May. Prices for both domestic and international flights are 12 and 19 percent more expensive compared to the lowest average price.

Best month to book the most popular routes. For those considering London or Paris, August is the month to book, with a $597 average flight price for London and a $501 average flight price for Paris. Domestic travelers find the best value booking in September, when the average price for a flight to New York, Los Angeles or Chicago is less than $300.

Best day of the week to book. It’s unanimous! Whether you’re traveling with or without a passport, the best day to book your travel is Saturday. Avoid the urge to check flights on your Monday morning commute—it’s the most expensive day of the week on average to book both domestic and international flights.

How far in advance to book. No surprise here, as the data has stayed pretty consistent over the years. The optimal booking window is 2-3 weeks out for domestic flights.

Best month to fly overall. For domestic travelers looking for the best value, September is the month to fly. You’ll want to avoid the airport in July, as domestic flights are at their most expensive. For international travelers, March is the best month to fly and December reigns as the most expensive month.

Best month to fly to the most popular destinations. Fall seems to be the season. Whether it’s London, Las Vegas, Los Angeles or Paris, the months of September, October and November offer the best travel deals, while the summer months are for the most part more costly.

HOTELS

Best month to book a hotel. September is the optimal time to book your dream hotel stay in the US, with savings of 6 percent compared to the average price for the year. Avoid October, as this is the most expensive time to book a hotel stateside. If you’re looking to go abroad, you’ll find that July is the ideal time to book your hotel while December is the month to avoid.

Best month to stay at a hotel. If you’re looking for the best value, March is the time to enjoy a hotel in the US. If you’re looking to explore a new country, September is the month to stay—rooms tend to be 9 percent less than the average price for the year.

Most popular month to book. When looking at hotels both domestically and internationally, the data shows that May is the most popular month to book a hotel.

Most popular month to stay. Summer is all about the crowds, and when it comes to hotels, both August and May are the busiest months for domestic and international travelers, respectively.

When to book to get the most value during popular months. Domestic travelers looking for the best time to book their August hotels should consider booking 16 weeks out for 31 percent in savings when compared to the average price. International travelers are advised to book their May stay as far as 22 weeks out for 44 percent in savings compared to the average price.

To ensure you’re getting the best value no matter when you choose to book, Skyscanner recommends setting up price alerts, which provide notifications when the price of a particular flight or hotel changes.

To book your next trip, visit Skyscanner.com or download the Skyscanner app, available on iOS and Android. By downloading the Skyscanner app, you’ll gain access to Skyscanner’s new Price Prediction tool, which uses machine learning and predictive analysis to highlight whether a flight price is likely to drop, rise or stay the same between booking and departure dates. To

join the conversation on social media, follow @Skyscanner on Instagram and Twitter and @skyscannerUSA.Canada on Facebook.

About Skyscanner
Founded in 2003, Skyscanner is a leading travel company dedicated to putting travelers first by making booking trips as simple as possible. Skyscanner helps more than 100 million people in 52 countries and in 30+ languages find the best travel options for flights, hotels and car rental every month. Skyscanner is available on desktop, mobile web and its highly rated app has 100 million downloads. Working with 1,200 travel partners, Skyscanner’s mission is to lead the global transformation to modern and sustainable travel.

After multiple high-profile investment rounds, including from Silicon-Valley based Sequoia Capital, Skyscanner was acquired by Ctrip.com International, Ltd. in a deal valued at $1.55B in 2016. Skyscanner remains operationally independent.

For more information, visit: https://www.skyscanner.com/about-us

Study Methodology
Skyscanner’s Best Time To Book data is based on searches and bookings on Skyscanner’s website and mobile app, in the United States, between January 1, 2019 and December 31, 2019. The term ‘booking’ refers to a partner selection on the booking panel. When looking at how far in advance to book both flights and hotels, the data provided is based on the window 6 months prior to departure/check-in.

Logo – https://mma.prnewswire.com/media/561502/Skyscanner_Logo.jpg

SOURCE Skyscanner

Searchlight Capital Partners and ForgeLight to Acquire Majority Stake in Univision

February 25, 2020

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MIAMI, LOS ANGELES, NEW YORK and MEXICO CITY, Feb. 25, 2020 /PRNewswire-HISPANIC PR WIRE/ — Univision Holdings, Inc. (together with its wholly owned subsidiary, Univision Communications Inc., “Univision”), a leading media company in the United States, Searchlight Capital Partners, LP (“Searchlight”), a global private investment firm, and ForgeLight LLC (“ForgeLight”), an operating and investment company focused on the media and consumer technology sectors, today announced a definitive agreement in which Searchlight and ForgeLight will acquire a majority ownership interest in Univision from all stockholders of Univision other than Grupo Televisa, S.A.B. (“Televisa”). Terms of the transaction were not disclosed.

Televisa, a leading media company in the Spanish-speaking world, has elected to retain its approximate 36 percent stake in Univision’s fully diluted equity capital on an as converted basis. Televisa’s Program License Agreement with Univision will remain in effect and will not expire unless Televisa voluntarily sells down a substantial portion of its ownership stake, at which point the agreement would remain in place for an additional 7.5 years. The agreement, which is one of Univision’s most strategic assets, provides the company exclusive access to the largest Spanish-language video library in the world.

Under the terms of the acquisition, Searchlight and ForgeLight will purchase the remaining 64 percent ownership interest from the other stockholders of Univision, led by an investor group including Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners and Saban Capital Group (“the Sponsor Group”). Searchlight and ForgeLight will partner closely with Televisa and Wade Davis, founder of ForgeLight, who will become CEO of Univision upon close of the transaction. The transaction, which is subject to customary closing conditions including receipt of regulatory approvals, is expected to close later this year.

Univision is the most recognized and trusted brand among U.S. Hispanics, providing best-in-class, culturally relevant media anytime, anywhere via its multi-content platform. Univision is a top destination for national and local Spanish-language news, sports and entertainment, and operates a leading Hispanic radio network and Latin music media platform. On average, Univision News reaches nearly five million Hispanic Adult 18-49 viewers weekly, out-delivering its English-language broadcast (+34%) and cable network (+89%) competition by double-digit audience advantages. Univision’s successful platform allows advertisers and multichannel programming distributors to reach one of the fastest growing demographics in the U.S., young Spanish-speakers, in their own language.

Univision has performed strongly and consistently, with recent highlights including:

Univision ranked among top five broadcast networks in prime time with Hispanic adults 18-49 for the 16th consecutive year
In the fourth quarter, Univision had the fastest growing portfolio of networks in prime time, regardless of language, among the top-10 U.S. media holders
UniMás, Univision’s second broadcast network, boasts 41% prime time audience growth season to date versus prior period
In 2019, Univision aired 61 of the top 100 soccer matches—over half of all soccer viewed in the United States—and is the undisputed home of soccer in the U.S., regardless of language

Televisa has been a key strategic partner to Univision for decades. This relationship provides Univision with the exclusive U.S. broadcast and digital rights (with limited exceptions) to all of Televisa’s programming including premium Spanish-language dramas, sports, sitcoms, reality series, entertainment talk programming and feature films. Televisa will serve as an important partner to the new ownership and management team going forward.

The combination of Searchlight’s experience as a long-term investor in the media and communications sectors, Davis’ experience managing the growth and transformation of large-scale media enterprises, and Televisa’s continued support as a leading producer of Spanish-language content, creates the opportunity for Univision to enter a new era of growth and innovation. Together, the new ownership group intends to build on Univision’s recent content and programming momentum to accelerate growth, expand its portfolio of advertising products, substantially enhance its digital presence and continue to use best-in-class Televisa content.

Vince Sadusky, Chief Executive Officer of Univision, said, “We are a re-energized and refocused company, and today marks the start of an exciting new chapter with partners that recognize the excellent position Univision is in. I want to thank our talented employees for their hard work and dedication—I’m so proud of everything we have accomplished that has led us to this great outcome. Both Searchlight and Wade are wholly supportive of Univision’s core mission to entertain, inform and empower Hispanic America and fully embrace the commitment and special bond we have with our audience. Our talented operating team has transformed Univision to be strategically, operationally and financially stronger than it has been in years. We have made important moves—strengthened programming, secured many major distribution deals, closed our strongest Upfront in four years, divested non-core assets, and enhanced our news, sports, local and digital offerings. Our partnership with Televisa has never been stronger and continues to create an unstoppable, world-class content machine, as evidenced by Univision being one of only two broadcast groups to grow viewership this season. Our Latin Grammy Awards and Premio Lo Nuestro are the only major award shows on broadcast television delivering year-over-year audience growth, and just last week Premio Lo Nuestro beat every network in prime time.”

Sadusky continued, “We are also appreciative of the years of leadership and guidance from Chairman Haim Saban along with the other sponsors, including Madison Dearborn Partners, Providence Equity Partners, TPG and Thomas H. Lee Partners, which have been supportive stewards of our business and mission. I remain committed to leading the company and supporting a smooth and successful transition over the coming months to ensure Univision is best positioned for the future ahead.”

Eric Zinterhofer, Founding Partner of Searchlight, said, “Univision has a proven track record of success in reaching and serving the U.S. Hispanic community, who represent 1 in 5 Americans and growing. Most recently, Univision and its talented employees have made great strides under the leadership of Vince Sadusky and the stewardship of Chairman Haim Saban and the full Sponsor Group. The strong support of Televisa, a premier content producer in the Spanish speaking world, and Wade Davis, a proven executive in areas which include advanced advertising and digital distribution, further enhances our confidence in Univision’s bright future.”

Davis, CEO and Founder of ForgeLight said, “First, I would like to thank the Sponsor Group for their work to bring Univision to where it is today and for choosing us to take the company forward. I am proud to partner with Searchlight and Televisa to lead Univision at such an exciting point in its history. Univision’s leadership and connection with one of the most important audiences in the U.S. today creates an amazing platform to drive innovation, build market-defining content and create an even deeper relationship with its audience. Vince and the entire Univision team have done an outstanding job of refocusing the company over the past 18 months, which has further enhanced the company’s position as a market leader in Spanish-language media and created this incredible opportunity going forward.”

Continued Davis, “I am honored to be partnering with Televisa and Searchlight to help steward Univision into this next phase. Televisa has a shared history with Univision dating back many years and a deep strategic relationship today. The context, insight and strategic content that Televisa brings to Univision have been key to the company’s success. I have worked with Searchlight as a limited partner, board member and friend since the team founded the firm. They are among the smartest and most value additive investors in our industry and there is no one I would rather partner with in this transaction. This group of owners will be able to support the incredible team at Univision to deliver even more value to its advertisers, distributors and most importantly, its audience.”

Bernardo Gomez and Alfonso de Angoitia, Co-Chief Executive Officers of Televisa, said, “Televisa’s decision to maintain its partnership and ownership stake in Univision strongly reflects our deep confidence in Searchlight and Wade’s leadership, as well as the continued positive outlook we have for Univision as a long-term strategic investment. Univision is an outstanding media organization that will now be even better positioned to pursue its path forward towards innovation and growth. We view this transaction as a strong vote of confidence by Univision’s new owners in Televisa’s insight, creativity and its place as an undisputed leader in producing high-quality Spanish-language content targeting a dynamic and growing audience demographic.”

Haim Saban, Chairman of the Board of Univision said, “On behalf of the entire Sponsor Group, we are confident that we have found the right path forward with Searchlight and ForgeLight. Our goal in launching a comprehensive strategic review was to ensure that Univision was best positioned for future growth and success, and we believe this is the ideal outcome. Univision serves a critical purpose, and the value its programming brings to audiences, partners and communities is immeasurable. We are proud of all that Univision stands for and how much the company has accomplished over the years, and we look forward to seeing Univision continue to grow and evolve under Searchlight and Wade Davis’ leadership as it enters this exciting new chapter.”

Morgan Stanley & Co. LLC, LionTree Advisors LLC and Moelis & Company LLC are acting as financial advisors to Univision, and Cravath, Swaine & Moore LLP, Covington & Burling LLP and Sidley Austin LLP are serving as legal counsel to Univision.

BofA Securities is serving as the financial advisor to Searchlight, Paul Weiss Rifkin Wharton & Garrison LLP is acting as its legal counsel.

Guggenheim Securities LLC is serving as financial advisor to ForgeLight, and Willkie Farr & Gallagher LLP and Proskauer Rose LLP are acting as its legal counsel.

Goldman Sachs & Co. is serving as financial adviser to Searchlight and ForgeLight as a group.

Allen & Company LLC is acting as the financial advisor to Televisa, and Wachtell, Lipton, Rosen & Katz and Pillsbury Winthrop Shaw Pittman LLP are serving as its legal counsel.

About Searchlight

Searchlight Capital Partners is a global private investment firm with offices in New York, London and Toronto. Searchlight seeks to invest in businesses where their long-term capital and strategic support accelerate value creation for all stakeholders. For more information, please visit https://www.searchlightcap.com/

About ForgeLight

ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and consumer technology sectors. ForgeLight directly operates or provides dedicated operating support to its companies and is backed by some of the largest financing institutions in the world.

Davis is a veteran in the media and technology industry, having been an investment banker, investor, entrepreneur and senior operating executive for nearly 30 years. Davis was most recently CFO of Viacom.

About Univision

As the leading Hispanic media company in the U.S., Univision Communications, Inc. entertains, informs and empowers U.S. Hispanics with news, sports and entertainment content across broadcast and cable television, audio and digital platforms. The company’s top-rated media portfolio includes the Univision and UniMás broadcast networks, as well as cable networks Galavisión and TUDN, the No. 1 Spanish-language sports network in the country. Locally, Univision owns or operates 65 television stations in major U.S. Hispanic markets and Puerto Rico. Additionally, Uforia, the Home of Latin Music, encompasses 58 owned or operated radio stations, plus 89 affiliates, a live event series and a robust digital audio footprint. The company’s prominent digital assets include Univision.com, streaming service Univision Now, the largest Hispanic influencer network, and several top-rated apps.

About Televisa

Televisa is a leading media company in the Spanish-speaking world, an important cable operator in Mexico and an operator of a leading direct-to-home satellite pay television system in Mexico. Televisa distributes the content it produces through several broadcast channels in Mexico and in over 70 countries through 25 pay-tv brands, television networks, cable operators and over-the-top or “OTT” services. In the United States, Televisa’s audiovisual content is distributed through Univision Communications Inc. (“Univision”) the leading media company serving the Hispanic market. Univision broadcasts Televisa’s audiovisual content through multiple platforms in exchange for a royalty payment. In addition, Televisa has equity and warrants which upon their exercise would represent approximately 36% on a fully-diluted, as-converted basis of the equity capital in Univision Holdings, Inc., the controlling company of Univision. Televisa’s cable business offers integrated services, including video, high-speed data and voice services to residential and commercial customers as well as managed services to domestic and international carriers. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system and broadband provider in Mexico, operating also in the Dominican Republic and Central America. Televisa also has interests in magazine publishing and distribution, professional sports and live entertainment, feature- film production and distribution, and gaming.

Media and Investor Contacts

ForgeLight

Abernathy MacGregor
Tom Johnson / Dana Gorman
(212) 371-5999
[email protected] / [email protected]

Searchlight

Prosek
Caroline Gibson / Fiona Laffan
(646) 818-9222/ (44) 20-8323-0489
[email protected] / [email protected]

Televisa

Investor Contact
Carlos Madrazo / Santiago Casado
(52 55) 5261 2438 / (52 55) 5261 2445
[email protected] / [email protected]

Media Contacts
Rubén Acosta / Teresa Villa
(52 55) 5224-6420 / (52 55) 4438-1205
[email protected] / [email protected]

Rubenstein
Charles Zehren / Eric Kuo
(212) 843-8590 / (212) 843-8494
[email protected] / [email protected]

Univision

Investor Contact
Jon Stranske
(212) 455-5977
[email protected]

Media Contact
Rosemary Mercedes / Bobby Amirshahi
(212) 455-5335 / (646) 560-4902
[email protected] / [email protected]

Sard Verbinnen & Co
Stephanie Pillersdorf / Danya Al-Qattan
(212) 687-8080
[email protected] / [email protected]

SOURCE Searchlight Capital Partners, L.P.; ForgeLight, LLC; Univision; Grupo Televisa, S.A.B.

Pablo Castro’s New Book “Estrella Veloz: Sueños Y Aventuras De Un Gladiador,” Is An Inspiring Memoir Of The Author Achieving His Lifelong Dream Of Becoming A Triumphant Professional Fighter

February 25, 2020

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TUCSON, Ariz., Feb. 25, 2020 /PRNewswire-HISPANIC PR WIRE/ — The book Estrella Veloz: Sueños y Aventuras de un Gladiador was created by Pablo Castro. Pablo said this about his book: “My dream since my childhood, after looking at my favorite heroes in action and fighting films, there was born the inspiration of one day being like them, a gladiator of the quadrilaterals. One day, I left my house for adventure, without money and a wallet but with my backpack full of illusions and my goal focused on learning what fascinated me. Where I went and how far I got, here I tell you my story.

My path was difficult and rugged—with hard and exhausting workouts, facing strong opponents, and also many difficulties and adversities of life—but with a lucid and triumphant mind. My dream came true in time. When I contemplated myself standing in front of them—my idols of the national cinema, the great masters of the ring—I felt most proud when, from my experiences gathered through my adventurous journey, I managed to forge a group of brave disciples as professional high school fighters. No matter where you go, no matter where you arrive, if you dream of moving forward, do not stop. The force you take with you, courage is your best friend, however long and difficult your walk is, do not give up. Go ahead, and you will get the champion belt.”

Published by Page Publishing, Pablo Castro’s new book Estrella Veloz: Sueños y Aventuras de un Gladiador captures the fervor of an aspiring fighter in a battlefield of odds and the wisdom of a fulfilled man who has finally reached the peak of his passion.

Consumers who wish to be captivated by the true circumstances surrounding a professional fighter can purchase Estrella Veloz: Sueños y Aventuras de un Gladiador in any bookstore, or online at Apple iTunes, Amazon.com, Google Play, or Barnes and Noble.

For additional information or inquiries, you can contact Page Publishing, through the following number: 866-315-2708.

About Page Publishing:

Page Publishing is a traditional full-service publishing house that handles all of the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and the like. Its roster of authors can leave behind these tedious, complex, and time-consuming issues and focus on their passion: writing and creating. Learn more at www.pagepublishing.com.

Photo – https://mma.prnewswire.com/media/1093786/Pablo_Castro.jpg

SOURCE Page Publishing

Marcia Grana Pifferrer’s New Book “Dimensiones De La Vida,” An Enchanting Collection Of Poetry And Prose That Bring Definition To Life’s Multifaceted Nature

February 25, 2020

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ROCKFORD, Ill., Feb. 25, 2020 /PRNewswire-HISPANIC PR WIRE/ — The book Dimensiones de la Vida was created by Marcia Grana Pifferrer. Marcia is an author who was born in a small town called Gibara and is of Cuban nationality. She currently resides in the United States of America. She likes to carry in her writings in three genres: fantasy, humor, and reflection.

Marcia said this about her book: “I hope that this book of poems and phrases is of reflection and satisfaction that leads to a mystical feeling with its interpretation. I reached the most remote places with every expression and feeling that I have dedicated. It reaches the heart of each reader and is useful in their lives—that they set an example and give complicity to achieve in them a solid example of what they want to express in each writing. It is pleasant and comfortable for the emotions that arise from our deepest feelings. Thank you for wanting to participate in my feelings.”

Published by Page Publishing, Marcia Grana Pifferrer’s new book Dimensiones de la Vida will enlighten readers with perspectives that contain pearls of wisdom relating to life and human thoughts and feelings.

Consumers who wish to partake of this book’s journey to unravel the deepest desires of the heart and mind can purchase Dimensiones de la Vida in any bookstore, or online at Apple iTunes, Amazon.com, Google Play, or Barnes and Noble.

For additional information or inquiries, you can contact Page Publishing, through the following number: 866-315-2708.

About Page Publishing:

Page Publishing is a traditional full-service publishing house that handles all of the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and the like. Its roster of authors can leave behind these tedious, complex, and time-consuming issues and focus on their passion: writing and creating. Learn more at www.pagepublishing.com.

Photo – https://mma.prnewswire.com/media/1093814/Marcia_Grana_Pifferrer.jpg

SOURCE Page Publishing

The Home Depot Announces Fourth Quarter and Fiscal 2019 Results; Reiterates Fiscal 2020 Business Outlook; Increases Quarterly Dividend by 10 Percent

February 25, 2020

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The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)

ATLANTA, Feb. 25, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot^®, the world’s largest home improvement retailer, today reported fourth quarter and fiscal 2019 results.

Fourth Quarter 2019

Comparable sales for the fourth quarter of fiscal 2019 increased 5.2 percent, and comparable sales in the U.S. increased 5.3 percent.

Sales for the fourth quarter of fiscal 2019 were $25.8 billion compared to sales of $26.5 billion in the fourth quarter of fiscal 2018. Fiscal 2018 included an extra week of operations compared to fiscal 2019. The extra week of operations added approximately $1.7 billion of sales to the fourth quarter of fiscal 2018.

Net earnings for the fourth quarter of fiscal 2019 were $2.5 billion, or $2.28 per diluted share, compared to net earnings of $2.3 billion, or $2.09 per diluted share, in the fourth quarter of fiscal 2018. The extra week of operations added approximately $0.21 per diluted share to the fourth quarter of fiscal 2018.

Fiscal 2019

Comparable sales for fiscal 2019 increased 3.5 percent, and comparable sales in the U.S. increased 3.8 percent.

Sales for fiscal 2019 were $110.2 billion compared to sales of $108.2 billion in fiscal 2018.

Net earnings for fiscal 2019 were $11.2 billion, or $10.25 per diluted share, compared to net earnings of $11.1 billion, or $9.73 per diluted share in fiscal 2018.

“Fiscal 2019 was a record year for our business and one marked by significant progress as we invest to transform ourselves into The Home Depot of the future. We had a strong finish to the year as our fourth quarter results reflect strength in our core business, solid execution around our holiday events and the overall health of the consumer,” said Craig Menear, chairman, CEO and president.

“We are now two years into our multi-year investment program and have more conviction than ever that our strategic initiatives are creating a value proposition that is unique to the marketplace and will extend our leadership position for years to come. Through the second year of our One Home Depot investment program, we have grown sales by over $9 billion dollars – a level of growth unmatched in our market. I am proud of the way our associates continue to focus on our customers, and I want to thank them for their hard work and dedication in the fourth quarter and throughout the year.”

Dividend Declaration

The Company today announced that its board of directors approved a 10 percent increase in its quarterly dividend to $1.50 per share, which equates to an annual dividend of $6.00 per share.

“As a testament to our commitment to create value for our shareholders and a demonstration of confidence in the business going forward, the board has increased the dividend for the eleventh consecutive year,” said Richard McPhail, CFO and executive vice president. The dividend is payable on March 26, 2020, to shareholders of record on the close of business on March 12, 2020. This is the 132^nd consecutive quarter the Company has paid a cash dividend.

Fiscal 2020 Guidance

The Company provided the following guidance for fiscal 2020:

Total sales growth of approximately 3.5 percent to 4.0 percent
Comparable sales growth of approximately 3.5 percent to 4.0 percent
Six new stores
Operating margin of approximately 14.0 percent
Net interest expense of approximately $1.2 billion
Effective tax rate assumption of approximately 24.0 percent
Share repurchases of at least $5.0 billion
Diluted earnings-per-share growth of approximately 2.0 percent to $10.45
Capital spending of approximately $2.8 billion
Depreciation and amortization expense of approximately $2.4 billion
Cash flow from operations of approximately $13.5 billion

The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at ir.homedepot.com/events-and-presentations.

At the end of the fourth quarter, the Company operated a total of 2,291 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

Certain statements contained herein constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to, among other things, the demand for our products and services; net sales growth; comparable sales; effects of competition; implementation of store, interconnected retail, supply chain and technology initiatives; inventory and in-stock positions; state of the economy; state of the housing and home improvement markets; state of the credit markets, including mortgages, home equity loans and consumer credit; impact of tariffs; issues related to the payment methods we accept; demand for credit offerings; management of relationships with our associates, suppliers and vendors; international trade disputes, natural disasters, public health issues, and other business interruptions that could disrupt supply or delivery of, or demand for, the Company’s products; continuation of share repurchase programs; net earnings performance; earnings per share; dividend targets; capital allocation and expenditures; liquidity; return on invested capital; expense leverage; stock-based compensation expense; commodity price inflation and deflation; the ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims and litigation; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of the Tax Cuts and Jobs Act of 2017 and other regulatory changes; store openings and closures; guidance for fiscal 2020 and beyond; financial outlook; and the integration of acquired companies into our organization and the ability to recognize the anticipated synergies and benefits of those acquisitions. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or are currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our expectations and projections. These risks and uncertainties include, but are not limited to, those described in Item 1A, “Risk Factors,” and elsewhere in our Annual Report on Form 10-K for our fiscal year ended February 3, 2019 and in our subsequent Quarterly Reports on Form 10-Q.

Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our periodic filings with the Securities and Exchange Commission.

THE HOME DEPOT, INC. CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited)

	Three Months Ended ⁽¹⁾					Fiscal Year Ended ⁽¹⁾

*in millions, except per share data*	February 2, 2020		February 3, 2019		% Change	February 2, 2020		February 3, 2019		% Change
Net sales	$	25,782	$	26,491	(2.7)%	$	110,225	$	108,203	1.9%
Cost of sales	17,046		17,464		(2.4)	72,653		71,043		2.3
Gross profit	8,736		9,027		(3.2)	37,572		37,160		1.1
Operating expenses:
Selling, general and administrative	4,814		4,922		(2.2)	19,740		19,513		1.2
Depreciation and amortization	519		480		8.1	1,989		1,870		6.4
Impairment loss	—		247		N/M	—		247		N/M
Total operating expenses	5,333		5,649		(5.6)	21,729		21,630		0.5
Operating income	3,403		3,378		0.7	15,843		15,530		2.0
Interest and other (income) expense:
Interest and investment income	(17)		(20)		(15.0)	(73)		(93)		(21.5)
Interest expense	309		269		14.9	1,201		1,051		14.3
Other	—		16		N/M	—		16		N/M
Interest and other, net	292		265		10.2	1,128		974		15.8
Earnings before provision for income taxes	3,111		3,113		(0.1)	14,715		14,556		1.1
Provision for income taxes	630		769		(18.1)	3,473		3,435		1.1
Net earnings	$	2,481	$	2,344	5.8%	$	11,242	$	11,121	1.1%

Basic weighted average common shares	1,083		1,116		(3.0)%	1,093		1,137		(3.9)%
Basic earnings per share	$	2.29	$	2.10	9.0	$	10.29	$	9.78	5.2

Diluted weighted average common shares	1,088		1,121		(2.9)%	1,097		1,143		(4.0)%
Diluted earnings per share	$	2.28	$	2.09	9.1	$	10.25	$	9.73	5.3

	Three Months Ended					Fiscal Year Ended

Selected Sales Data ^{(2) (3)}	February 2, 2020		February 3, 2019		% Change	February 2, 2020		February 3, 2019		% Change
Customer transactions (in millions)	369.6		394.8		(6.4)%	1,616.0		1,620.8		(0.3)%
Average ticket	$	68.29	$	65.59	4.1	$	67.30	$	65.74	2.4
Sales per retail square foot	$	425.70	$	414.17	2.8	$	454.82	$	446.86	1.8

—————

(1)	The three months ended February 2, 2020 include 13 weeks and the three months ended February 3, 2019 include 14 weeks. The fiscal year ended February 2, 2020 includes 52 weeks and the fiscal year ended February 3, 2019 includes 53 weeks. The additional week included in three months and fiscal year ended February 3, 2019 added approximately $1.7 billion in net sales and $0.21 in diluted earnings per share.
(2)	Selected Sales Data does not include results for the legacy Interline Brands business, now operating as a part of The Home Depot Pro.
(3)	The additional week included in the three months and fiscal year ended February 3, 2019 increased customer transactions by 24.5 million, added $0.01 to average ticket, and increased sales per retail square foot by $6.87.

THE HOME DEPOT, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

*in millions*	February 2, 2020		February 3, 2019
Assets
Current assets:
Cash and cash equivalents	$	2,133	$	1,778
Receivables, net	2,106		1,936
Merchandise inventories	14,531		13,925
Other current assets	1,040		890
Total current assets	19,810		18,529
Net property and equipment	22,770		22,375
Operating lease right-of-use assets	5,595		—
Goodwill	2,254		2,252
Other assets	807		847
Total assets	$	51,236	$	44,003

Liabilities and Stockholders’ Equity
Current liabilities:
Short-term debt	$	974	$	1,339
Accounts payable	7,787		7,755
Accrued salaries and related expenses	1,494		1,506
Current installments of long-term debt	1,839		1,056
Current operating lease liabilities	828		—
Other current liabilities	5,453		5,060
Total current liabilities	18,375		16,716
Long-term debt, excluding current installments	28,670		26,807
Long-term operating lease liabilities	5,066		—
Other liabilities	2,241		2,358
Total liabilities	54,352		45,881
Total stockholders’ (deficit) equity	(3,116)		(1,878)
Total liabilities and stockholders’ equity	$	51,236	$	44,003

THE HOME DEPOT, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

	Fiscal Year Ended ⁽¹⁾
*in millions*	February 2, 2020		February 3, 2019
Cash Flows from Operating Activities:
Net earnings	$	11,242	$	11,121
Reconciliation of net earnings to net cash provided by operating activities:
Depreciation and amortization	2,296		2,152
Stock-based compensation expense	251		282
Impairment loss	—		247
Changes in working capital	(452)		(687)
Changes in deferred income taxes	202		26
Other operating activities	184		(103)
Net cash provided by operating activities	13,723		13,038

Cash Flows from Investing Activities:
Capital expenditures, net of non-cash capital expenditures	(2,678)		(2,442)
Payments for business acquired, net	—		(21)
Proceeds from sales of property and equipment	37		33
Other investing activities	(12)		14
Net cash used in investing activities	(2,653)		(2,416)

Cash Flows from Financing Activities:
Repayments of short-term debt, net	(365)		(220)
Proceeds from long-term debt, net of discounts and premiums	3,420		3,466
Repayments of long-term debt	(1,070)		(1,209)
Repurchases of common stock	(6,965)		(9,963)
Proceeds from sales of common stock	280		236
Cash dividends	(5,958)		(4,704)
Other financing activities	(176)		(26)
Net cash used in financing activities	(10,834)		(12,420)
Change in cash and cash equivalents	236		(1,798)
Effect of exchange rate changes on cash and cash equivalents	119		(19)
Cash and cash equivalents at beginning of year	1,778		3,595
Cash and cash equivalents at end of year	$	2,133	$	1,778

—————
(1) Fiscal year ended February 2, 2020 includes 52 weeks. Fiscal year ended February 3, 2019 includes 53 weeks.

Logo – https://mma.prnewswire.com/media/118058/the_home_depot_logo.jpg

SOURCE The Home Depot

Café Bustelo® Will Award $100,000 in College Scholarships

February 24, 2020

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The Café Bustelo® El Café del Futuro Scholarship is helping 2019 recipient, Itza Hernandez, work toward her career in education. Itza is one of twenty recipients of the 2019 scholarship. The 2020 scholarship is now open. Once again this year, 20 students will each be awarded $5,000 to help further their educational goals.

ORRVILLE, Ohio, Feb. 24, 2020 /PRNewswire-HISPANIC PR WIRE/ — Today, iconic espresso-style coffee brand Café Bustelo® launches the Café Bustelo® El Café del Futuro Scholarship in partnership with the Hispanic Association of Colleges and Universities (HACU). Since 2014, $330,000 in college funds have been awarded to 66 Latino students nationwide through the partnership. The campaign generated more than 1,900 applications in 2019. In 2020, Café Bustelo® is once again awarding a total of $100,000 to twenty students.

Café Bustelo is encouraging Hispanic students to submit an essay in English or Spanish (800 words or less) describing how their heritage, family, and community have impacted their desire and motivation to obtain a college degree; how they plan to give back to their community; and what they intend to accomplish with their degree. Eligible U.S. students can apply for the opportunity to receive one of twenty $5,000 scholarships by submitting their essay. All eligible applications must be received by July 6, 2020 at 11:59 p.m. CT. Scholarship recipients will be announced on or about Sept. 7, 2020.

“At Café Bustelo, we believe whole-heartedly in supporting and reinvesting in the Latino community,” said Eduardo Merino, Senior Brand Manager at Café Bustelo. “Whether our community is living in the moment and awakening their senses through a cafecito or planning for the future with a college education, we want to have a hand in helping them make the most of it. ¡Vivimos en el momento y planeamos para mañana!”

For complete information and scholarship guidelines, please visit here.

Café Bustelo coffee is available at leading grocery retailers nationwide and online at CafeBustelo.com. Visit CafeBustelo.com for more information or follow @CafeBustelo on Instagram, Twitter and @CafeBusteloOfficial on Facebook.

About Café Bustelo
Our delicious coffee and rich espresso heritage was born in 1928. Since then, we’ve not only been proud of our rich, full-bodied flavor, but also of our unique and inviting culture. Café Bustelo coffee can be prepared using your preferred method. Available in the forms you want, including K-Cup® pods.

About HACU
The Hispanic Association of Colleges and Universities represents more than 500 colleges and universities committed to Hispanic higher education success in the U.S., Puerto Rico, Latin America, Spain and school districts throughout the U.S. The association’s headquarters are located in San Antonio, Texas, with regional offices in Washington, D.C., and Sacramento, California. HACU is the only national association representing existing and emerging Hispanic-Serving Institutions (HSIs). For more information, visit hacu.net or follow @HACUnews on Twitter, Facebook or Instagram.

K-Cup is a trademark of Keurig Green Mountain, Inc., used with permission.

Photo – https://mma.prnewswire.com/media/1094212/Itza_Hernandez_Branded.jpg

SOURCE Cafe Bustelo

Latino Policy Coalition Launches Polling Place Locators for California March 3rd Election

February 24, 2020

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SACRAMENTO, California, Feb. 24, 2020 /PRNewswire-HISPANIC PR WIRE/ — Nonprofit group the Latino Policy Coalition (LPC) today unveiled its two sponsored websites that allow Latino voters to lookup their polling place for the California Presidential Primary Election on Tuesday, March 3^rd, 2020.

DondeVotamos.US and WhereWeVote.US are interactive websites where registered and eligible voters statewide can type in their home address, and instantly and accurately, be directed to the precise address where their polling place is located (a map with directions from their location to the polling place is included).

“The Latino Policy Coalition (LPC) wants to increase voter turnout among California’s 7.9 million eligible Latino voters in this most vital of elections. By offering these polling place locators in both English and Spanish we are hoping media outlets and community organizations throughout the state will feature these web links on their websites. For our part, we will be asking family, friends, and neighbors through email blasts to share these very useful links and VOTE!” LPC Chair Jim Gonzalez stated.

Philip Muller CEO of Your Voter Guide Inc., the designer and web host of DondeVotamos.US and WhereWeVote.US stated: “Our Company has been providing on line voter guides nationwide for many years. We are most pleased to assist the Latino Policy Coalition, during this very important election season, in increasing voter participation in California.”

The Latino Policy Coalition is a national non-partisan non-profit consortium of the country’s leading Latino research organizations and scholars. LPC seeks to highlight Latino community views on key national issues; and thus stimulate public policy debate among local, state and national elected officials.

YourVoterGuide.com is the leading software platform for online voter and elected official guides. We help Americans vote their values and connect with their elected officials.

Contact:	Jim Gonzalez 916 233 8526
	Philip Muller 916 799 1776

SOURCE Latino Policy Coalition

Those Who Believe They Have a Claim Against Purdue Must File a Proof of Claim by the Bar Date: June 30, 2020

February 24, 2020

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NEW YORK, Feb. 24, 2020 /PRNewswire-HISPANIC PR WIRE/ — The following is being issued by Prime Clerk.

What is this about?

Purdue Pharma L.P., a U.S. limited partnership, its general partner and its subsidiaries, including Imbrium Therapeutics L.P., Adlon Therapeutics L.P., Greenfield BioVentures L.P., Avrio Health L.P., Rhodes Technologies, and Rhodes Pharmaceuticals L.P. (“Purdue“), filed for bankruptcy in September 2019. Purdue is now giving notice to anyone who thinks they may have a claim against Purdue, including claims related to Purdue prescription opioids, like OxyContin, that they must file all claims seeking compensation by June 30, 2020, at 5:00 p.m. Eastern Time.

What is a claim and who can file?

A “claim” means a right to seek payment or other compensation. You must file a Proof of Claim Form so it is actually received by the deadline. It can be filed by you, by a legal guardian, by survivors, or by relatives of people who have died or are disabled. All Personal Injury Claimant Proof of Claim Forms and any supporting documentation submitted with those forms will be kept highly confidential and will not be made available to the public. You do not need an attorney to file a proof of claim for you.

Additionally, partnerships, corporations, joint ventures, trusts, governmental units, and Native American Tribes may also file a proof of claim against Purdue or any of its affiliated Debtor companies.

Go to www.PurduePharmaClaims.com to find a complete list of instructions on how to file a claim. You will also find a list of the opioids produced, marketed or sold by Purdue Pharma L.P., a U.S. limited partnership, its general partner and its subsidiaries, including Imbrium Therapeutics L.P., Adlon Therapeutics L.P., Greenfield BioVentures L.P., Avrio Health L.P., Rhodes Technologies, and Rhodes Pharmaceuticals L.P.

Individuals and entities may file a Proof of Claim even if a settlement is contemplated in the Purdue bankruptcy so that the claim can be considered as part of any settlement.

Who does this affect and what are your rights?

If you think you’ve suffered harm from Purdue or its prescription opioids, you have the right to file a claim even if you may also have received reimbursement from insurance. Examples of claims that may be filed in the Purdue bankruptcy include death, addiction or dependence, lost wages, loss of spousal relationship benefit for things like child-rearing, enjoyment of life, etc., or Neonatal Abstinence Syndrome (sometimes referred to as “NAS“), among others.

The deadline to file a claim is June 30, 2020, at 5:00 p.m. Eastern Time. If you do not file a claim by the deadline, you will lose the right to file a claim against Purdue, and you will lose any right to seek payment or compensation you may have had. Proof of Claim Forms, a list of opioids produced, marketed or sold by Purdue Pharma L.P., a U.S. limited partnership, its general partner and its subsidiaries, including Imbrium Therapeutics L.P., Adlon Therapeutics L.P., Greenfield BioVentures L.P., Avrio Health L.P., Rhodes Technologies, and Rhodes Pharmaceuticals L.P., and instructions for how to file a claim are online at www.PurduePharmaClaims.com. You can also request a claim form by mail, email or phone:

Purdue Pharma Claims Processing Center
c/o Prime Clerk LLC
850 Third Avenue, Ste. 412, Brooklyn, NY 11232
Email: [email protected]
Phone: 1.844.217.0912

This is only a summary of the information.

Is Purdue out of money? No. For more information concerning Purdue’s bankruptcy, Frequently Asked Questions, Proof of Claim Forms, examples of personal injury and other claims that can be filed, instructions on how to file a claim, and important documents including the Bar Date Notice, visit www.PurduePharmaClaims.com, or call 1.844.217.0912.

SOURCE Prime Clerk the Court-Appointed Claims and Noticing Agent

Gregorio A. Meraz’s New Book El Periodismo, Una Leccion En Cada Nota, Is A Sagacious Account On The Pursuit For Excellence In Journalism

February 24, 2020

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BALTIMORE, Feb. 24, 2020 /PRNewswire-HISPANIC PR WIRE/ — The book El Periodismo, Una Leccion en Cada Nota was created by Gregorio A. Meraz, an author and journalist. He is an international reporter, special envoy, and war correspondent.

Gregorio A. Meraz said this about his book: “Journalism is a window to all the activities of the human race and an inexhaustible source of fascinating information, which allows those who exercise it to learn about a universe of multiple themes—from aspects related to basic local security; fight against crime; drug trafficking; local, state, national, and international politics; education, medical, and scientific research; all expressions of art; armed, national, and international conflicts; natural disasters that make history; or access to interviews with the main protagonists of contemporary history. But that has a price—determination, patience, and perseverance.

After securing my admission to 24 Hours directed by the nonserial journalist Jacobo Zabludovsky—pioneer of the news on Mexican television who created the best team of Mexican communicators of all time, vaccinated against the epidemic of current prominence—in my constant learning, I came to think that before so many great figures, few were my chances of succeeding. But following my mother’s advice, I did not faint; and as soon as responsibilities were conferred on me, I tried not to disappoint the confidence placed in me, which opened the door to a lifetime of enriching experiences that I now want to share with students who have not decided on a career, with those who have just graduated in communication, or with incipient reporters whose work now does not seem to be at the moment very promising.”

Published by Page Publishing, Gregorio A. Meraz’s new book El Periodismo, Una Leccion en Cada Nota will encourage aspiring journalists to continue their trail in their chosen profession by revealing moments of fulfillment and pride on duty.

Consumers who wish to understand the impact of journalism in individual and communal lives can purchase El Periodismo, Una Leccion en Cada Nota in any bookstore, or online at Apple iTunes, Amazon.com, Google Play, or Barnes and Noble.

For additional information or inquiries, you can contact Page Publishing, through the following number: 866-315-2708.

About Page Publishing:

Page Publishing is a traditional full-service publishing house that handles all of the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and the like. Its roster of authors can leave behind these tedious, complex, and time-consuming issues and focus on their passion: writing and creating. Learn more at www.pagepublishing.com.

Photo – https://mma.prnewswire.com/media/1093134/Gregorio_A__Meraz.jpg

SOURCE Page Publishing

Wilber Alfredo Fuentes Hernández’s New Book Tormenta En El Corazón, Is A Collection Of Heartwarming Poems On The Subject Of Love

February 24, 2020

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BATON ROUGE, La., Feb. 24, 2020 /PRNewswire-HISPANIC PR WIRE/ — The book Tormenta en el Corazón was created by Wilber Alfredo Fuentes Hernández. Wilber is an author and a passionate poet. He studied high school at the National Institute of Izalco and is a graduate of the National Academy of Public Safety, where he stood out in several internal events concerning the development of poems.

Wilber Alfredo Fuentes Hernández said this about his book: “Tormenta en el Corazón (Storm in the Heart) is a book of poems that show a deep context of love and its ramifications, including the passion for life, suffering, and joys that loved hearts live for. Between the plot of spite, infidelities and happy moments live through the writer’s daily life and the surrounding environment. This book hopes to be liked by readers and to give them a different perspective as far as love is concerned.”

Published by Page Publishing, Wilber Alfredo Fuentes Hernández’s new book Tormenta en el Corazón will enliven the readers’ hearts with evoking poems that bear human thoughts and emotions about the beauty and quaintness of love.

Consumers who wish to be enamored with novel panoramas of love can purchase Tormenta en el Corazón in any bookstore, or online at Apple iTunes, Amazon.com, Google Play, or Barnes and Noble.

For additional information or inquiries, you can contact Page Publishing, through the following number: 866-315-2708.

About Page Publishing:

Page Publishing is a traditional full-service publishing house that handles all of the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and the like. Its roster of authors can leave behind these tedious, complex, and time-consuming issues and focus on their passion: writing and creating. Learn more at www.pagepublishing.com.

Photo – https://mma.prnewswire.com/media/1093135/Wilber_Alfredo_Fuentes_Hernandez.jpg

SOURCE Page Publishing