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The Home Depot Announces Third Quarter Results; Updates Fiscal Year 2018 Guidance

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The Home Depot logo.

ATLANTA, Nov. 13, 2018 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world’s largest home improvement retailer, today reported sales of $26.3 billion for the third quarter of fiscal 2018, a 5.1 percent increase from the third quarter of fiscal 2017. Comparable sales for the third quarter of fiscal 2018 were positive 4.8 percent, and comp sales in the U.S. were positive 5.4 percent.

The Home Depot logo.

Net earnings for the third quarter of fiscal 2018 were $2.9 billion, or $2.51 per diluted share, compared with net earnings of $2.2 billion, or $1.84 per diluted share, in the same period of fiscal 2017. For the third quarter of fiscal 2018, diluted earnings per share increased 36.4 percent from the same period in the prior year.

“We are pleased with our third quarter results and the growth that we saw from both our professional and do-it-yourself customers. Our customers continue to respond to our expansive assortment and enhancements we are making to drive an interconnected shopping experience. We saw continued strength across the store, as well as healthy growth in our digital business,” said Craig Menear, chairman, CEO and president. “We believe this is a testament to the overall strength of demand in the home improvement market.”

Updated Fiscal 2018 Guidance

Based on its year-to-date performance, the Company updated its fiscal 2018 guidance. The Company will have 53 weeks of operating results in fiscal 2018 and now expects:

  • Sales growth of approximately 7.2 percent;
  • Comp sales growth of approximately 5.5 percent for the comparable 52-week period;
  • Operating margin of approximately 14.5 percent;
  • Tax rate of approximately 24 percent;
  • Fiscal 2018 share repurchases of approximately $8 billion;
  • Diluted earnings-per-share growth of approximately 33.8 percent from fiscal 2017 to $9.75.

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 http://ir.homedepot.com/events-and-presentations.

Recent Accounting Pronouncement – Revenue Recognition

During the first quarter of fiscal 2018, the Company adopted ASU No. 2014-09, which pertains to revenue recognition. The adoption of this standard will not materially impact the Company’s consolidated financial statements or related disclosures.

The Company has adopted this standard on a modified retrospective basis. In accordance therewith, financial information prior to fiscal 2018 will not be recast. The consolidated statements of earnings and balance sheet for periods and dates subsequent to fiscal 2017 reflect the effect of this accounting policy adoption.

Additional information about the impact of the adoption of ASU No. 2014-09 is available at http://ir.homedepot.com/financial-reports/quarterly-earnings/2018

At the end of the third quarter, the Company operated a total of 2,286 retail stores in all 50 states, the District of Columbia, Puerto Rico, 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; issues related to the payment methods we accept; state of the economy; state of the residential construction, housing and home improvement markets; state of the credit markets, including mortgages, home equity loans and consumer credit; demand for credit offerings; inventory and in-stock positions; management of relationships with our suppliers and vendors; 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; store openings and closures; guidance for fiscal 2018 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 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 January 28, 2018 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

Nine Months Ended

in millions, except per share
data

October 28,
2018

October 29,
 2017

% Change

October 28,
2018

October 29,
 2017

% Change

Net sales

$

26,302

$

25,026

5.1

%

$

81,712

$

77,021

6.1

%

Cost of sales

17,151

16,378

4.7

53,579

50,758

5.6

Gross profit

9,151

8,648

5.8

28,133

26,263

7.1

Operating expenses:

Selling, general and
administrative

4,808

4,514

6.5

14,591

13,424

8.7

Depreciation and amortization

473

454

4.2

1,390

1,347

3.2

Total operating expenses

5,281

4,968

6.3

15,981

14,771

8.2

Operating income

3,870

3,680

5.2

12,152

11,492

5.7

Interest and other (income) expense:

Interest and investment income

(25)

(22)

13.6

(73)

(51)

43.1

Interest expense

249

269

(7.4)

782

788

(0.8)

Interest and other, net

224

247

(9.3)

709

737

(3.8)

Earnings before provision for income taxes

3,646

3,433

6.2

11,443

10,755

6.4

Provision for income taxes

779

1,268

(38.6)

2,666

3,904

(31.7)

Net earnings

$

2,867

$

2,165

32.4

%

$

8,777

$

6,851

28.1

%

Basic weighted average common shares

1,135

1,168

(2.8)

%

1,144

1,184

(3.4)

%

Basic earnings per share

$

2.53

$

1.85

36.8

$

7.67

$

5.79

32.5

Diluted weighted average common shares

1,141

1,174

(2.8)

%

1,150

1,190

(3.4)

%

Diluted earnings per share

$

2.51

$

1.84

36.4

$

7.63

$

5.76

32.5

Three Months Ended

Nine Months Ended

Selected Sales Data(1)

October 28,
2018

October 29,
 2017

% Change

October 28,
2018

October 29,
 
2017

% Change

Customer transactions (in millions)

394.8

389.5

1.4

%

1,226.0

1,212.0

1.2

%

Average ticket

$

65.11

$

62.84

3.6

$

65.79

$

62.78

4.8

Sales per square foot

433.99

412.49

5.2

449.94

423.60

6.2

_____________

(1)

Selected Sales Data does not include results for Interline Brands, Inc., which was acquired in fiscal 2015.

 

 

THE HOME DEPOT, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

in millions

October 28,
2018

October 29,
 2017

January 28,
 2018

Assets

Cash and cash equivalents

$

1,764

$

3,549

$

3,595

Receivables, net

2,171

2,166

1,952

Merchandise inventories

14,754

13,419

12,748

Other current assets

1,120

548

638

Total current assets

19,809

19,682

18,933

Net property and equipment

22,054

21,960

22,075

Goodwill

2,258

2,217

2,275

Other assets

1,079

1,164

1,246

Total assets

$

45,200

$

45,023

$

44,529

Liabilities and Stockholders’ Equity

Short-term debt

$

1,398

$

125

$

1,559

Accounts payable

9,054

8,570

7,244

Accrued salaries and related expenses

1,495

1,488

1,640

Current installments of long-term debt

1,054

1,198

1,202

Other current liabilities

5,195

4,621

4,549

Total current liabilities

18,196

16,002

16,194

Long-term debt, excluding current installments

23,332

24,266

24,267

Other liabilities

2,352

2,212

2,614

Total liabilities

43,880

42,480

43,075

Total stockholders’ equity

1,320

2,543

1,454

Total liabilities and stockholders’ equity

$

45,200

$

45,023

$

44,529

 

 

THE HOME DEPOT, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Nine Months Ended

in millions

October 28,
2018

October 29,
 2017

Cash Flows from Operating Activities:

Net earnings

$

8,777

$

6,851

Reconciliation of net earnings to net cash provided by operating activities:

Depreciation and amortization

1,603

1,533

Stock-based compensation expense

204

214

Changes in working capital and other, net of acquisition effects

(548)

1,143

Net cash provided by operating activities

10,036

9,741

Cash Flows from Investing Activities:

Capital expenditures, net of non-cash capital expenditures

(1,711)

(1,354)

Payments for business acquired, net

(260)

Proceeds from sales of property and equipment

21

38

Other investing activities

(3)

Net cash used in investing activities

(1,693)

(1,576)

Cash Flows from Financing Activities:

Repayments of short-term debt, net

(161)

(585)

Proceeds from long-term debt, net of discounts

2,991

Repayments of long-term debt

(1,192)

(534)

Repurchases of common stock

(5,518)

(6,067)

Proceeds from sales of common stock

140

157

Cash dividends

(3,548)

(3,174)

Other financing activities

99

(41)

Net cash used in financing activities

(10,180)

(7,253)

Change in cash and cash equivalents

(1,837)

912

Effect of exchange rate changes on cash and cash equivalents

6

99

Cash and cash equivalents at beginning of period

3,595

2,538

Cash and cash equivalents at end of period

$

1,764

$

3,549

 

 

THE HOME DEPOT, INC.

ASU NO. 2014-09 IMPACT OF ADOPTION

(Unaudited)

The Company adopted ASU No. 2014-09, which pertains to revenue recognition, in the first quarter of fiscal 2018. The following table shows the impact of adopting ASU No. 2014-09 on the consolidated statement of earnings for the three and nine month periods ended October 28, 2018. The implementation of this accounting standard resulted in an increase in net sales, gross profit, selling, general and administrative, and total operating expenses and a decrease in cost of sales. There was no impact on operating income, net earnings, or earnings per share.

Three Months Ended October 28, 2018

in millions

As
Reported

% of
Net Sales

ASU No. 2014-
09
Impact

Excluding
ASU No. 2014-
09 Impact

% of
Net Sales

Net sales

$

26,302

100.0

%

$

64

$

26,238

100.0

%

Cost of sales

17,151

65.2

(83)

17,234

65.7

Gross profit

9,151

34.8

147

9,004

34.3

Selling, general and administrative

4,808

18.3

147

4,661

17.8

Total operating expenses

5,281

20.1

147

5,134

19.6

Nine Months Ended October 28, 2018

in millions

As
Reported

% of
Net Sales

ASU No. 2014-
09
Impact

Excluding
ASU No. 2014-
09 Impact

% of
Net Sales

Net sales

$

81,712

100.0

%

$

130

$

81,582

100.0

%

Cost of sales

53,579

65.6

(300)

53,879

66.0

Gross profit

28,133

34.4

430

27,703

34.0

Selling, general and administrative

14,591

17.9

430

14,161

17.4

Total operating expenses

15,981

19.6

430

15,551

19.1

 

 

THE HOME DEPOT, INC.

ASU NO. 2014-09 IMPACT OF ADOPTION

(Unaudited)

The Company adopted ASU No. 2014-09, which pertains to revenue recognition, in the first quarter of fiscal 2018. The following table shows the impact of adopting ASU No. 2014-09 on the consolidated balance sheet as of October 28, 2018.

October 28, 2018

in millions

As
Reported

ASU 
No. 2014-09
Impact

Excluding
ASU No. 2014-09
Impact

Assets

Receivables, net

$

2,171

$

(44)

$

2,215

Other current assets

1,120

268

852

Total current assets

19,809

224

19,585

Total assets

45,200

224

44,976

Liabilities and Stockholders’ Equity

Other current liabilities

$

5,195

$

125

$

5,070

Total current liabilities

18,196

125

18,071

Other liabilities

2,352

24

2,328

Total liabilities

43,880

149

43,731

Total stockholders’ equity

1,320

75

1,245

Total liabilities and stockholders’ equity

45,200

224

44,976

 

 

THE HOME DEPOT, INC.

PRO FORMA EFFECT OF ASU NO. 2014-09

(Unaudited)

The Company adopted ASU No. 2014-09, which pertains to revenue recognition, in the first quarter of fiscal 2018 using the modified retrospective method. In accordance therewith, financial information prior to fiscal 2018 will not be recast as the modified retrospective method does not permit recasting pre-adoption financial information. The following tables present selected as-reported financial results and the pro forma effect of ASU No. 2014-09 as if the recognition and presentation guidance in the accounting standard had been applied in fiscal 2017. There was no impact on operating income, net earnings, or earnings per share. The fiscal 2017 pro forma financial information included in the tables below is presented for informational purposes only.

Three Months Ended April 30, 2017

in millions

As
Reported

% of
Net Sales

ASU No. 2014-
09
Effect

Including
ASU No.
2014-09 Effect

% of
Net Sales

Net sales

$

23,887

100.0

%

$

48

$

23,935

100.0

%

Cost of sales

15,733

65.9

(90)

15,643

65.4

Gross profit

8,154

34.1

138

8,292

34.6

Selling, general and administrative

4,361

18.3

138

4,499

18.8

Total operating expenses

4,805

20.1

138

4,943

20.7

Three Months Ended July 30, 2017

in millions

As
Reported

% of
Net Sales

ASU No. 2014-
09
Effect

Including
ASU No.
2014-09 Effect

% of
Net Sales

Net sales

$

28,108

100.0

%

$

33

$

28,141

100.0

%

Cost of sales

18,647

66.3

(114)

18,533

65.9

Gross profit

9,461

33.7

147

9,608

34.1

Selling, general and administrative

4,549

16.2

147

4,696

16.7

Total operating expenses

4,998

17.8

147

5,145

18.3

Three Months Ended October 29, 2017

in millions

As
Reported

% of
Net Sales

ASU No. 2014-
09
Effect

Including
ASU No. 2014-
09 Effect

% of
Net Sales

Net sales

$

25,026

100.0

%

$

44

$

25,070

100.0

%

Cost of sales

16,378

65.4

(85)

16,293

65.0

Gross profit

8,648

34.6

129

8,777

35.0

Selling, general and administrative

4,514

18.0

129

4,643

18.5

Total operating expenses

4,968

19.9

129

5,097

20.3

Three Months Ended January 28, 2018

in millions

As
Reported

% of
Net Sales

ASU No. 2014-
09
Effect

Including
ASU No. 2014-
09 Effect

% of
Net Sales

Net sales

$

23,883

100.0

%

$

41

$

23,924

100.0

%

Cost of sales

15,790

66.1

(85)

15,705

65.6

Gross profit

8,093

33.9

126

8,219

34.4

Selling, general and administrative

4,440

18.6

126

4,566

19.1

Total operating expenses

4,904

20.5

126

5,030

21.0

Fiscal Year Ended January 28, 2018

in millions

As
Reported

% of
Net Sales

ASU No. 2014-
09
Effect

Including
ASU No. 2014-
09 Effect

% of
Net Sales

Net sales

$

100,904

100.0

%

$

166

$

101,070

100.0

%

Cost of sales

66,548

66.0

(374)

66,174

65.5

Gross profit

34,356

34.0

540

34,896

34.5

Selling, general and administrative

17,864

17.7

540

18,404

18.2

Total operating expenses

19,675

19.5

540

20,215

20.0

 

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SOURCE The Home Depot

Enhance your learning experience with NEW innovative caries material!

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DentalEZ_Logo

MALVERN, Pennsylvania, Nov. 12, 2018 /PRNewswire-HISPANIC PR WIRE/ — DentalEZ Integrated Solutions is proud to present True Caries Teeth from Columbia Dentoform, available November 19, 2018.

Products from Columbia Dentoform have been used to train dental students around the world for generations.  In continuing that tradition, Columbia Dentoform is now offering a significant advancement in the teaching of caries identification and removal with True Caries Teeth. Unlike painted caries, the True Caries Teeth have a sticky, rubbery feel, providing a very tactical sensation and response for the student which allows for removal by a curette. 

“These teaching aids are developed to feel virtually identical to what actual soft caries feels like because they are lifelike and scoop-able,” noted Carlos Martinez, International & Special Markets Sales Director for DentalEZ. “True Caries Teeth provide a realistic and superior learning scenario with cutting-edge technology for the advancement of dental health, thereby readying students to face the challenges that come with clinical work.”

For more information about True Caries Teeth, visit www.columbiadentoform.com or contact your local DentalEZ sales rep.

About DentalEZ
DentalEZ Integrated Solutions is committed to providing real solutions to everyday challenges in oral healthcare by uniquely combining innovation focused on simplification and efficiency in value-based products and outstanding customer service and support. DentalEZ manufactures a full line of products and well-known brands, including StarDental®, DentalEZ®Equipment, RAMVAC®, NevinLabs™, and Columbia Dentoform®. For more information, please visit www.dentalez.com.

Logo – https://mma.prnewswire.com/media/783302/DentalEZ_Logo.jpg

SOURCE DentalEZ

People en Español Expands Annual ‘Most Influential Women’ Conference with New ‘Poderosas Pro!’ Track for Latina Professionals

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People En Espanol

NEW YORK, Nov. 12, 2018 /PRNewswire-HISPANIC PR WIRE/ — Meredith Corporation’s People en Español announced today that it will bring a weekend of empowerment to Miami, Fl., during its annual “Most Influential Women” – “Poderosas Live!” – conference taking place March 16, 2019. The FREE, one-day event will convene prominent Latina businesswomen, community leaders, activists and artists for conversations and keynote addresses that will put the invaluable voice of Hispanic women at the forefront.

People En Espanol

As part of the evolution of the ‘Poderosas’ experience, for the first time ever People en Español will introduce “Poderosas Pro!“, a two-day premium opportunity within the event for professional and managerial-level Latinas. The ticketed “Poderosas Pro!” track will offer Latina professionals exclusive networking events, keynotes and workshops – bridging the gap between the most prominent voices in Latina leadership and those looking to learn from them.

“Poderosas Pro!” speakers and participants include 43rd Treasurer of the United States Rosie Rios, writer and comedian Aida Rodriguez, singer/songwriter and women’s rights activist Roxiny, producer and Adelante Movement Founder Nely Galan and 65th Secretary of the State of New York Lorraine Cortes-Vazquez.

Earlier this year, People en Español unveiled its findings on the Latina professional tipping point from its 2018 Hispanic Opinion Tracker (HOT) Study, which found that 66% of working Latinas are hungry for quality training and development programs. An Exit Survey of last year’s ‘Poderosas’ attendees reconfirmed the urgency to enhance the weekend programming and address the needs of the community after finding that 62% desire information on how to start their own business and 44% want information on leadership.

“With only 4% of working Latinas represented in the C-Suite, Latinas continue to be underrepresented in positions of power in the workplace and face unique challenges across industries in the U.S.,” said People en Español Publisher, Monique Manso. “This year we are expanding our beloved Poderosas franchise to include a brand new ‘Poderosas Pro!’ track that will connect like-minded businesswomen during a weekend of exclusive opportunities and content, providing our community’s emerging leaders with the tools, contacts and confidence to continue breaking through glass ceilings and maximize their potential.”

Weekend programming for the “Poderosas Pro!” package is as follows:

Friday, March 15

  • Poderosas Pro! Networking Cocktail Event: A live cocktail event where professional Latinas can mingle, meet like-minded executives and expand their network and communities.

Saturday, March 16

  • Poderosas Pro! Keynote Breakfast: An all-inclusive breakfast featuring a motivational keynote speaker.
  • Poderosas Pro! Careerism Workshops: Following the breakfast, participants will be able to choose from two of four workshops available exclusively to those who opt for the pro track.

Pricing for tickets for “Poderosas Pro!” are $100 for early bird and $120 after January 10th, 2018 for the premium weekend experience. Interested parties can purchase tickets at Eventbrite.

Sponsors for the 2019 “Más Poderosas” event include returning sponsors Macy’s and Neutrogena.

Additional speakers and programming for the 2019 ‘Más Poderosas’ weekend will be announced in the coming weeks. For more information, visit poderosas.peopleenespanol.com.

ABOUT MEREDITH CORPORATION 
Meredith has been committed to service journalism for more than 115 years. Today, Meredith uses multiple distribution platforms — including broadcast television, print, digital, mobile and video — to provide consumers with content they desire and to deliver the messages of its advertising and marketing partners. Meredith’s National Media Group reaches 175 million unduplicated American consumers every month, including 80 percent of U.S. Millennial women.  Meredith’s Local Media Group includes 17 television stations reaching more than 11 percent of U.S. households.

ABOUT PEOPLE EN ESPAÑOL 
PEOPLE EN ESPAÑOL was launched in 1996 as a special issue and today has become the top-selling Hispanic magazine in the United States. Published 11 times a year, PEOPLE EN ESPAÑOL reaches an audience of 7 million every month with its editorial mix of Hispanic and popular entertainment, fashion and beauty trends and compelling human interest stories. PEOPLE EN ESPAÑOL delivers original editorial content that captures the values, contributions and impact of today’s Hispanics in the United States. The brand’s social media footprint includes 1,400,000 followers on Twitter, over 4,300,000 “Likes” on Facebook and 1,800,000 followers on Instagram. For daily news, photos, exclusive behind-the-scenes video and celebrity scoops, visit www.peopleenespanol.com and follow PEOPLE EN ESPAÑOL on Twitter at @peopleenespanol.

Logo: https://mma.prnewswire.com/media/643919/People_en_Espanol_Logo.jpg

 

SOURCE People en Español

América TeVé Joins The South Florida Community By Giving Away 1000 Turkeys For Thanksgiving

0

MIAMI, Nov. 12, 2018 /PRNewswire-HISPANIC PR WIRE/ — América TeVé once more shows its commitment to the South Florida community by preparing to make a donation of 1000 turkeys to residents of our community in celebration of Thanksgiving Day spearheaded by the network’s Executive VP, Emilio Braun Burillo, Tuesday, November 20th, from the premises of the network at 13001 NW 107th Ave, Hialeah Gardens, FL 33018 starting at 3 PM until 11 PM.

América TeVé and its loyal sponsors with the main participation of La Colonia Medical Centers, Univista Insurance, Presidente Supermarkets, attorney Patrick Cordero, and the Florida Directive Automotive, host the event alongside the network’s main presenters and hosts.  “We want to lend a smile to the thousands of families who pick up their turkeys at our facility in gratitude for their loyalty in this time of Thanksgiving,” declared Braun Burillo.

During our stellar programs: AN5 and AN6 News, El Happy Hour with Carlucho, A Fondo with Pedro Sevcec, TN3 with Carlos Otero and Monica Pascualoto, El Espejo with Juan Manuel Cao, and PAV with Felix Guillermo, will also be present during the special transmission where you can pick up your turkey and send live your Thanksgiving messages to your friends and loved ones in South Florida.

“We want to extend this invitation to our community to support our special activity Tuesday the 20th.  It is an opportunity to thank and have that direct contact with our community,” expressed Braun. “The family of América TeVé joins yours on this special date,” expressed Braun.

Thanks for allowing us this great opportunity!

https://youtu.be/xA9dtGPG5YA

For additional information please visit our official web site at AMÉRICA TEVÉ
www.americateve.com

Contact:
Alba Eagan
[email protected]

SOURCE América TeVé

Curacao’s Black Friday Deals Sneak Peek is here with Price Beat Guarantee & Guaranteed Stock on all Door Buster Specials

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Curacao Logo

LOS ANGELES, Nov. 12, 2018 /PRNewswire-HISPANIC PR WIRE/ — Curacao, the largest Hispanic-centric retailer on the West Coast serving diverse communities in Los Angeles, Las Vegas, Tucson and Phoenix, continues supporting and strengthening its ties to millions of Latino families and millennials across the nation by offering a sneak peek of its unparalleled Black Friday’s deals in the U.S. market, which include further discounting all competitors Black Friday Deals with their exclusive Price Beat Guarantee.

Curacao Logo

During its Ultra Super Mega Black Friday Weekend Sale Curacao will offer customers the hottest products at the lowest prices. Here is a Sneak Peek at the hourly door buster sales: Only Thursday 11.22.18 from 8-10am Curacao will offer a Pixel 55″ 4K TV for $189.95 (399.99 regular), the Noah Queen Bed for $149.95 ($299.99 regular); only on Friday 11.23.18 from 6-9am the Samsung 65″ 4K Curve TV for only $599.95 ($1,199.99 regular); the iPhone SE for $99.95 ($299.95 regular), only on Friday from 4-8pm the PS4 w SpiderMan Game + $25 Voucher for $199.95 ($299.99 regular), All Apple products up to $300 off plus 1,000’s items on sale on all departments.

Unlike any other store, Curacao will guarantee inventory stock on all advertised door buster promotions and with Price Beat Guarantee Curacao will also honor and further discount all Black Friday deals from the competition for the same product during the same offer valid dates and times.

Additionally, Curacao will offer on-demand, same day delivery service that includes installation and set-up for a fee lower than competitors, extended easy returns by 1/15/19, and free shipping with a minimum online purchase.

For customers short on cash, Curacao will process applicants for same day credit approval.

Discover all of Curacao’s Black Friday weekend deals at https://icuracao.com/ and shop any time, anywhere using the Curacao Store App.

Curacao’s Black Friday sneak peek announcement comes shortly after the Curacao Foundation hosted a successful fundraising concert during the Hispanic Heritage Month in support of thousands of immigrant children separated from their families at the US-Mexican border, and it implemented a series of internal and external initiatives tailored to modernize, engage, advance the customer experience and enhanced the stores’ interiors with contemporary features and technology.

As part of its continued efforts and demonstrated commitment to the Hispanic community, Curacao will also donate a percentage of all Black Friday sales to the Curacao Foundation —a nonprofit organization founded in 2002 by retailer Curacao–, to support community programs during the holiday season, which include tree and holiday meals donations.

About Curacao:
Curacao is the leading Hispanic-centric retailer on the west coast serving and lending to Latino communities for over 38 years with twelve approximately 100,000 square foot mega-stores in Southern California, Nevada and Arizona and at icuracao.com. Curacao stores offer Latino communities access to the best technology, home & fashion products from premium brands, as well as travel & money transfer services on credit.

Curacao founded the Curacao Children Foundation dedicated to providing needy Latino families with scholarships, free resources and merchandise to help improve children’s quality of life. The foundation celebrates children every year with the production of a massive children’s fair that attracts over 30,000 attendees and showcases over two dozen non-profit organizations dedicated to supporting and educating families in need. Curacao is headquartered in Los Angeles.  For more info visit https://icuracao.com/.  

Curacao will honor One Day Sales and Hourly Sales. Restriction apply. For One Day Sales; customer must be present at Curacao, request Price Beat and purchase the item on the same day the competitor is having the “One Day Sales”. For Black Friday and Thanksgiving Hourly Sales; customer must be present at Curacao, request Price Beat and purchase the item on the same day and hour the competitor is having the “Hourly Sales”. If competitor promotion takes place outside of our Business Hours, Price Beat will not qualify.

Media Contacts:
Inma Carbajal-Fogel                          
MPRM Communications                                  
[email protected]                                   
323-933-3399                         

Logo – https://mma.prnewswire.com/media/731898/Curacao_logo.jpg

SOURCE Curacao

Rocio Lopez, Accenture, to be Recognized as Member of the Year During the HITEC 100 & Corporate Awards Gala in Silicon Valley

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SAN JOSE, California, Nov. 9, 2018 /PRNewswire-HISPANIC PR WIRE/ — The Hispanic Information Technology Executive Council (HITEC) announced yesterday Rocio Lopez, Technology & Innovation Strategist for Accenture, as the 2018 Member of the Year. Ms. Lopez was recognized with this prestigious award during the 2018 HITEC 100 & Corporate Awards Gala in San Jose, California.

Since 2010, HITEC recognizes an individual whose leadership, integrity and dedication have contributed to the advancement of the information technology industry and specifically the HITEC organization.

“Rocio has demonstrated her passion to elevate her community, especially the advancement of Hispanics in technology,” says Alberto Yépez, HITEC Chairman and Managing Director of Forgepoint Capital. “Rocio is someone who walks the walk – she felt there was a need to create a space for women in technology at HITEC, thus launched the Women in Tech breakfast series, a high-demand session dedicated to strengthening female representation in the industry.”

Ms. Lopez has been a dedicated supporter of the Hispanic Information Technology Executive Council for several years.  Ms. Lopez is an exemplary model of HITEC’s “Push Up Pull Up” mantra. She is a graduate of the 2015 HITEC Emerging Executive Program and was instrumental in launching the HITEC Women in Tech Breakfast series in 2016. The HITEC Women in Tech breakfast is focused on developing, retaining and attracting women in tech careers by bringing them together in one place to network and establish connections.

Rocio Lopez has demonstrated true capability and a passion for serving others in the Hispanic community throughout her career. I am extremely pleased she is receiving this honor as recognition of her years of service and efforts for women with HITEC. Rocio truly brings to life Accenture’s commitment to developing and investing in the best people,” says Tony Diaz, Managing Director—Technology, Accenture.

About HITEC 
HITEC (Hispanic Information Technology Executive Council) is a premier global executive leadership organization of senior business and technology executives who have built outstanding careers in technology. HITEC’s premiere network spans the Americas and is focused on building stronger technology and executive leaders, leadership teams, corporations, and role models in a rapidly changing, flatter, and technology centric world. These global leaders include executives leading Global 1000 corporations while others lead some of the largest Hispanic-owned technology firms across the Americas.

Logo – https://mma.prnewswire.com/media/726204/HITEC_logo_color_01_Logo.jpg

SOURCE Hispanic Information Technology Executive Council

Cal/OSHA Issues Advisory on Worker Safety for Regions with Wildfire Smoke

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OAKLAND, California, Nov. 9, 2018 /PRNewswire-HISPANIC PR WIRE/ — Cal/OSHA is advising employers that special precautions must be taken to protect workers from hazards from wildfire smoke.

Smoke from wildfires contains chemicals, gases and fine particles that can harm health. The greatest hazard comes from breathing fine particles in the air, which can reduce lung function, worsen asthma and other existing heart and lung conditions, and cause coughing, wheezing and difficulty breathing.

Guidance for employers and workers on working safely in conditions with heavy smoke caused by the wildfires is available on Cal/OSHA’s web page, including information for protecting outdoor workers, details on how to protect indoor workers from outdoor air pollution, and frequently asked questions about N95 masks.

When employees are working outdoors where the air is affected by wildfire smoke, employers are required by Cal/OSHA’s standards on Control of Harmful Exposure to Employees and Respiratory Protection to determine if the outdoor air is a “harmful exposure” to employees. Exposure is harmful when the pollution or contaminants in the air cause (or are likely to cause) injury, illness, disease, impairment or loss of function.

Local air quality districts provide information on outdoor air that can assist employers in determining if the outside air is harmful to employees. Employers should pay special attention when the outdoor air quality for airborne particles is “unhealthy,” “very unhealthy,” or “hazardous.” The outdoor air quality is posted at the U.S. EPA website airnow.gov.

When exposure to wildfire smoke is considered harmful, employers are required to take the following measures to protect workers:

  • Implement feasible modifications to the workplace to reduce exposure. Examples include providing enclosed structures or vehicles for employees to work in, where the air is filtered.
  • Implement practicable changes to work procedures or schedules. Examples include changing the location where employees work or reducing the amount of time they work outdoors.
  • Provide proper respiratory protection equipment, such as disposable respirators, if the previous measures are not feasible or do not prevent harmful exposures. 
    • To filter out fine particles, respirators must be labeled N-95, N-99, N-100, R-95, P-95, P-99, or P-100, and must be labeled as approved by the US National Institute for Occupational Safety and Health (NIOSH).

Cal/OSHA helps protect workers from health and safety hazards on the job in almost every workplace in California. Cal/OSHA’s Consultation Services Branch provides free and voluntary assistance to employers to improve their health and safety programs. Employers should call (800) 963-9424 for assistance from Cal/OSHA Consultation Services.

Employees with work-related questions or complaints may contact DIR’s Call Center in English or Spanish at 844-LABOR-DIR (844-522-6734). The California Workers’ Information line at 866-924-9757 provides recorded information in English and Spanish on a variety of work-related topics. Complaints can also be filed confidentially with Cal/OSHA district offices.

Members of the press may contact Erika Monterroza or Frank Polizzi at (510) 286-1161, and are encouraged to subscribe to get email alerts on DIR’s press releases or other departmental updates.

https://www.facebook.com/CaliforniaDIR  
https://twitter.com/CA_DIR  
http://www.youtube.com/CaliforniaDIR  
http://www.dir.ca.gov/email/listsub.asp?choice=1

The California Department of Industrial Relations, established in 1927, protects and improves the health, safety, and economic well-being of over 18 million wage earners, and helps their employers comply with state labor laws. DIR is housed within the Labor & Workforce Development Agency. For general inquiries, contact DIR’s Communications Call Center at 844-LABOR-DIR (844-522-6734) for help in locating the appropriate division or program in our department.

SOURCE California Department of Industrial Relations; Cal/OSHA

AT&T to be Recognized as Corporation of the Year During the HITEC 100 & Corporate Awards Gala in Silicon Valley

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SAN JOSE, California, Nov. 9, 2018 /PRNewswire-HISPANIC PR WIRE/ — The Hispanic Information Technology Executive Council (HITEC) announced AT&T as the 2018 Corporation of the Year. AT&T was recognized with this prestigious award at yesterday’s 2018 HITEC 100 & Corporate Awards Gala in San Jose, California.

Every year, HITEC recognizes an organization that contributes to the advancement of technology while demonstrating proactive leadership in promoting diversity and inclusion.

Since 2010, HITEC has honored organizations that demonstrate exemplary leadership in the development of Hispanic technology professionals.  HITEC is proud to recognize AT&T as Corporation of the Year for 2018. AT&T is a model HITEC partner and, as a corporation, embodies HITEC’s vision of helping develop the next generation of Hispanic technology leaders.

“AT&T has been a very significant partner for HITEC through their active engagement in all aspects of the organization,” said Alberto Yépez, HITEC Chairman and Managing Director of ForgePoint Capital. “AT&T’s commitment to diversity and inclusion has been exemplary and we are grateful for their ongoing support of the HITEC Board of Directors, Executive Development Programs, the HITEC Foundation and by being the only partner to date who has hosted three HITEC Leadership Summits.  We want to congratulate the AT&T team for its commitment to HITEC’s mission and the Hispanic community at large.”

AT&T has been a committed collaborator since 2011, with exemplary leadership from multiple Hispanic technology executives across AT&T advocating for the advancement of Hispanic technology leaders in the community.

“AT&T is dedicated to helping shape a better world for future generations of diverse technology leaders,” Thaddeus Arroyo, CEO, AT&T Business said. “Technology is one of the most powerful tools for good which is amplified when we build teams that are as inclusive as the society we serve.  It is a real honor to be recognized by HITEC as the 2018 Corporation of the Year.”

About HITEC

Logo – https://mma.prnewswire.com/media/726204/HITEC_logo_color_01_Logo.jpg  

 

SOURCE Hispanic Information Technology Executive Council

Hispanic Leaders to Gather at UN for the First Hispanic Leadership Summit

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NEW YORK, Nov. 8, 2018 /PRNewswire-HISPANIC PR WIRE/ — We Are All Human, the global non-profit organization devoted to championing our common humanity, announced today that it is hosting its first-ever Hispanic Leadership Summit on December 10, 2018 at the United Nations Headquarters in New York.

The Hispanic Leadership Summit will explore ways in which to better unify America’s Hispanic and Latino communities.

“It was imperative that we used our organization’s mission to unify this community and promote greater awareness of its vitality and future, especially at a time when negative rhetoric about American immigrants, particularly from Central and South America, have risked alienating the Hispanic and Latinx Americans who make up $1.7 trillion of America’s spending power,” Claudia Romo Edelman said, founder of We Are All Human Foundation.

The Summit is a nonpartisan event that plans to go beyond sectoral interests and insights from the November midterm elections to discuss and reflect on what unites America’s many Hispanic and Latino communities and what should be done to ensure their importance to the U.S.’s future is understood.

Joining Romo Edelman as co-hosts of the summit will be the following Hispanic and Latino leaders:

  • Sol Trujillo, co-founder and co-chairman of the Latino Donor Collaborative (LDC), a nonprofit organization devoted to reframing and advancing the public perception of Hispanics and Latinos in American society. He also is the former CEO of U.S. West, Orange SA and Telstra, Australia
  • Henry Cisneros, also co-founder and co-chairman of LDC, and the former U.S. Secretary of Housing and Urban Development, and the former mayor of San Antonio, Texas
  • Patricia Menéndez-Cambó, vice chair of Greenberg Traurig, the Miami-based international law firm
  • Cid Wilson, president and CEO of the Hispanic Association for Corporate Responsibility, which promotes the inclusion of Hispanics in Corporate America

Romo Edelman also noted the recent findings of We Are All Human’s “Hispanic Sentiment Study,” conducted by Zeno Group. The study further affirms the importance of convening leaders of Hispanic and Latino communities to explore the future of an economic force that represents $2.3 trillion of annual U.S. GDP, as Hispanics and Latinos launch more new businesses, achieve higher levels of education and reach the C-suite of Fortune 500 companies in greater numbers.

“I’m optimistic that the value of America’s Hispanic community will continue to be recognized by citizens of all walks of life,” Romo Edelman said, “but as our organization’s work has shown, much work is needed to dispel misperceptions and to unify this community of 55 million that is so important to America’s future.”

“It’s time for perceptions to catch up with the many significant contributions we’re making to this country,” said Menéndez-Cambó of Greenberg Traurig. “There is an urgent need for the Hispanic Community to unify its strengths and efforts to unlock its potential.”

Summit sponsors include Greenberg Traurig, Ulta Beauty, Dairy Management, Inc., HARMAN, Aflac, the Alumni Society, Chevron, Cultura Colectiva, Hispanic Executive, Western Union and Zeno Group (Sponsorship opportunities are still available).

This Summit is in coordination with the Latino Impact Summit on December 11-12, 2018.

About We Are All Human
We Are All Human is a foundation dedicated to advancing the agenda of equity, diversity and inclusion.  Its mission is to unify all people and create channels of access that will leave no one behind. The foundation focuses on research, advocacy and dissemination, capacity development and partnership building in order to fight discrimination, racism and xenophobia by highlighting progress when people all act together.

The Hispanic Sentiment Study was supported by Richard Edelman, The Rick and Susan Goings Foundation, the Robert R. McCormick Foundation and Western Union.

For more information, visit www.WeAreAllHuman.org.

 

MEDIA CONTACT

SPONSORSHIP CONTACT

Jen Crichton

Michelle Cooprider

[email protected]

[email protected]

314-422-9305

 

SOURCE We Are All Human

2019 Mazda CX-5 Signature Makes North American Debut at 2018 Seattle Auto Show

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Mazda North American Operations is headquartered in Irvine, Calif., and oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States and Mexico through nearly 700 dealers. Operations in Mexico are managed by Mazda Motor de Mexico in Mexico City. For more information on Mazda vehicles, including photography and B-roll, please visit the online Mazda media center at www.mazdausamedia.com.

SEATTLE, Nov. 9, 2018 /PRNewswire-HISPANIC PR WIRE/ — Mazda North American Operations (MNAO) today introduced the 2019 Mazda CX-5 Signature at the 2018 Seattle Auto Show. The show is open to the public from November 9-12.

Mazda North American Operations is headquartered in Irvine, Calif., and oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States and Mexico through nearly 700 dealers. Operations in Mexico are managed by Mazda Motor de Mexico in Mexico City. For more information on Mazda vehicles, including photography and B-roll, please visit the online Mazda media center at www.mazdausamedia.com.

As Mazda’s best-selling vehicle, with over 2 million units sold worldwide, the compact crossover SUV takes its next step with the unveil of the new 2019 Mazda CX-5 Signature top-tier trim level, which includes the turbocharged SKYACTIV-2.5T engine and new G-Vectoring Control Plus. The development team listened to customer wants when setting their goals for this update and wanting to create an SUV that enlivens all who ride it. They focused on improvements of a premium high-quality interior, refined powertrain and enhanced chassis.

The new CX-5 Signature model incorporates premium materials, such as Caturra Brown Nappa leather, genuine layered wood trim, that are chosen with the closest attention to detail. Other features in the 2019 CX-5 that support comfort, convenience and safety include Apple CarPlayTM and Android AutoTM compatibility, a reconfigurable 7.0-TFT gauge display, heated and ventilated front seats, heated rear seats, heated steering wheel, BOSE® 10-speaker premium sound system, windshield-projected Active Driving Display head-up unit and a 360° View Monitor with front and rear parking sensors, amongst others. Overall these updates help realize a feeling of a higher quality vehicle.

The powertrain lineup adopts the SKYACTIV-2.5T direct-injection turbocharged gasoline engine that is also found in the Mazda CX-9 crossover SUV and Mazda6 sedan. This engine’s strong torque helps provide a smooth ride with an effortless feeling of acceleration to create a refined and exhilarating driving experience. Additionally, refinements to the suspension system and addition of G-Vectoring Control Plus technology further embodies Mazda’s Jinba Ittai – “horse and rider as one” – engineering philosophy in the 2019 CX-5. Improvements like this are what continue to help make the vehicle feel like an extension of the driver.

While the 2019 Mazda CX-5 Signature is the main focus, it will be on display alongside Mazda’s full lineup of vehicles and be available as part of the Mazda Drive Experience during three days of the 2018 Seattle Auto Show.

Mazda North American Operations is headquartered in Irvine, California, and oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States and Mexico through nearly 700 dealers. Operations in Mexico are managed by Mazda Motor de Mexico in Mexico City. For more information on Mazda vehicles, including photography and B-roll, please visit the online Mazda media center at InsideMazda.MazdaUSA.com/Newsroom.

Follow MNAO’s social media channels through Twitter and Instagram at @MazdaUSA and Facebook at Facebook.com/MazdaUSA.

Logo – https://mma.prnewswire.com/media/53154/mazda_north_american_operations_logo.jpg

SOURCE Mazda North American Operations