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Tecate Knocks-Out Sponsorship With Golden Boy Promotions And Lands A Sponsorship Deal With Mexican Superstar Canelo Alvarez

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NEW YORK, Feb. 23, 2016 /PRNewswire-HISPANIC PR WIRE/ — After a banner 2015 in boxing, Tecate, the Mexican beer with bold flavor, announced today it will enter 2016 as the exclusive beer and presenting sponsor for Oscar De La Hoya’s Golden Boy Promotions and has signed an endorsement contract with boxing’s biggest star, current WBC, RING Magazine and Lineal Middleweight Champion and Golden Boy Promotions fighter, Canelo Alvarez.

Logo – http://photos.prnewswire.com/prnh/20160218/335003LOGO

In 2016, Tecate will continue to become more synonymous with legendary boxing matches and for the first time in the brand’s history, will endorse an individual boxer, Canelo, leveraging his popularity to promote the brand’s 2016 ‘BORN BOLD’ campaign. As part of the endorsement, Canelo will wear Tecate branded boxing trunks in the ring in his upcoming marquee fights in May and September, 2016.

“The new partnership with Tecate establishes Canelo as the biggest star in all of boxing, period,” said Oscar De La Hoya, Chairman and CEO of Golden Boy Promotions. “With this partnership with Tecate and his commitment to fight on Cinco de Mayo and Mexican Independence Day weekends — boxing’s two biggest annual dates — Canelo’s popularity will only continue to soar for years to come.”

“Tecate is a world recognized company and I am very happy to have a strong and serious sponsor be part of my team,” said Canelo Alvarez. “With Tecate on my side, I know that we will take our brands to new heights.  Through our partnership will be able to achieve our mutual goals and lead boxing into its next great era.”

“This sponsorship is an incredibly natural fit,” said Gustavo Guerra, brand director for Tecate. “Not only is boxing one of our consumer’s biggest passion points, but Golden Boy Promotions, Canelo and Tecate share common ground for being Mexico’s best in their respective categories – boxing and beer.”

The multi-year sponsorship contract with Golden Boy Promotions will have Tecate featured prominently in the center ring, around the mat and throughout the arena.

For additional details on Tecate’s “Born Bold” campaign, the sponsorship of Golden Boy Promotions fights, or to speak with a Tecate and Tecate Light representative about the brand’s support of boxing, contact BRAYA at [email protected].

For more information on Golden Boy Promotions and Canelo Alvarez, visit www.goldenboypromotions.com and follow us on Twitter, Facebook and Instagram @GoldenBoyBoxing and @Canelo.

About HEINEKEN USA
HEINEKEN USA Inc., the nation’s leading upscale beer importer, is a subsidiary of HEINEKEN International NV, the world’s most international brewer. European brands imported into the U.S. include Heineken®, the world’s most international beer brand, Strongbow Hard Apple Ciders, Amstel Light, and Newcastle Brown Ale. HEINEKEN USA also imports the Dos Equis Franchise, Tecate Franchise, Sol, Indio, Carta Blanca and Bohemia brands from Mexico. For the latest information on our company and brands, follow us on Twitter @HeinekenUSACorp, or visit HEINEKENUSA.com.

About Golden Boy Promotions
Los Angeles-based Golden Boy Promotions was established in 2002 by 10-time world champion in six divisions Oscar De La Hoya, the first Hispanic to own a national boxing promotional company. Golden Boy Promotions is one of boxing’s most active and respected promoters, presenting shows in packed venues around the world and has worked with networks such as HBO, HBO Latino, Estrella TV, ESPN, TeleFutura, FOX Sports 1, FOX Deportes, Televisa and TV Azteca. The company has also promoted some of the top boxing events in the history of the sport including De La Hoya vs. Mayweather, Mayweather vs. Canelo and other notable pay-per-view fights featuring fan-favorites Bernard “The Alien” Hopkins, Juan Manuel “Dinamita” Marquez, Miguel Cotto, Marco “Baby Faced Assassin” Antonio Barrera, Erik “El Terrible” Morales and Sugar Shane Mosley.

About Canelo Alvarez
At the age of 25, Guadalajara, Jalisco, Mexico’s Canelo Alvarez (46-1-1, 32 KOs) has conquered the boxing world, captivating fans both at home and around the globe with his action-packed fighting style, charisma and willingness to take on the toughest challenges. The current WBC, RING Magazine and Lineal Middleweight Champion, was last seen in the ring against former four-division world champion Miguel Cotto on November 21, 2015, defeating him via unanimous decision.  The 2015 Fighter of the Year candidate’s road to stardom began in 2011 with a win over Matthew “Magic” Hatton for the vacant WBC Super Welterweight World title, his first title defense against Ryan Rhodes and stoppage victories over Alfonso Gomez and Kermit Cintron. Then in 2012, Canelo defended his belt against future Hall of Famer Sugar Shane Mosley and showed the veteran his first retirement, winning via unanimous decision in 12 rounds. Canelo continued on the path to superstardom in 2013 with a fifth round technical knockout of Josesito Lopez, followed by a 12-round unanimous decision victory over then world champion, Austin Trout in front of over 40,000 fans at San Antonio’s Alamodome. The victory earned, Canelo the WBA Super Welterweight World Championship and proved his dominance at 154-pounds and a clear, bonafide ticket seller. On September 14, 2013, Canelo faced the man on top of the pound-for-pound list – Floyd “Money” Mayweather – giving a stellar effort before falling short of victory for the first time via 12-round majority decision. The fight ended up being the biggest of 2013, but also the second highest grossing bout of all-time and the second most watched boxing event ever on Mexican television (only behind 2015’s Mayweather-Pacquiao). Since then, Canelo has won four straight fights, defeating top stars Alfredo “Perro” Angulo via 10th round technical knockout and Erislandy “The American Dream” Lara via split decision in 2014 and achieved 2015’s  Knockout of the Year over James “Mandingo Warrior” Kirkland on May 9, at Minute Maid Park in Houston in front more than 31,000 fans.

Survey Reveals Top Ten Design Trends for Residential Landscape Architecture

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WASHINGTON, Feb. 23, 2016 /PRNewswire-HISPANIC PR WIRE/ — Sustainable design is the big trend for residential landscapes, according to the 2016 Residential Landscape Architecture Trends Survey conducted by the American Society of Landscape Architects (ASLA). The top trend—rainwater/graywater harvesting—reflects a growing consumer demand for beautiful residential landscapes that also save water.

Photo – http://photos.prnewswire.com/prnh/20160222/335976 
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Landscape architects were asked to rate the expected popularity of a variety of residential outdoor design elements in 2016. The survey was fielded February 4 through February 18, 2016, with 803 responding.

Respondents expected the greatest demand for outdoor living spaces that are environmentally sustainable, reduce water costs and are low maintenance.

Here are the top ten project types with the expected highest consumer demand:

  • Rainwater/graywater harvesting – 88%
  • Native plants – 86%
  • Native/adapted drought tolerant plants – 85%
  • Low-maintenance landscapes – 85%
  • Permeable paving – 77%
  • Fire pits/fireplaces – 75%
  • Food/vegetable gardens (including orchards, vineyards, etc.) – 75%
  • Rain gardens – 73%
  • Drip/water-efficient irrigation – 72%
  • Reduced lawn area – 72%

Water-focused design elements dominated this year’s top ten list and reflect consumers’ growing commitment to landscapes that reduce water use and stormwater runoff, says Nancy Somerville, Hon. ASLA, executive vice president and CEO of ASLA.

“Water issues are hot topics for many communities, and many people are turning to landscape architects for creative green infrastructure solutions,” said Somerville. “Sustainable residential landscape architecture, if part of a broader integrated site design, can dramatically reduce water usage and stormwater runoff over the long term while creating a healthy residential environment.”

The top three most popular outdoor design elements include fire pits/fireplaces (75 percent), lighting (67 percent) and wireless/internet connectivity (66 percent).

The top landscape and garden elements include native plants (86 percent), low-maintenance landscapes (85 percent) and food/vegetable gardens (75 percent). Pergolas (51 percent), decks (47 percent), arbors (44 percent) and fencing (44 percent) are expected to be the most popular outdoor structures.

The hottest sustainable design elements include rainwater/graywater harvesting (88 percent), native/adapted drought tolerant plants (85 percent) and permeable paving (77 percent).

The most popular outdoor recreation amenities for 2016 will include sports courts (41 percent), spa features (40 percent) and swimming pools (36 percent).

For more landscape ideas for your home, and to find a professional in your area, visit www.asla.org/residentialinfo.

Outdoor Design Elements

Ranked in expected order of popularity for 2016

Fire pits/fireplaces – 75%
Lighting – 67%
Wireless/internet connectivity – 66%
Seating/dining areas – 64%
Outdoor furniture – 63%
Planters, sculptures, garden accessories – 56%
Grills – 54%
Counter space – 50%
Outdoor heaters – 47%
Stereo systems – 40%
Movie/TV/video theaters – 38%
Utility storage – 35%
Sinks – 33%
Refrigerators – 31%
Outdoor cooling systems (including fans) – 29%
Showers/baths – 29%
Hammocks – 21%
Bedrooms/sleeping spaces – 11%

Outdoor Recreation Amenities

Ranked in expected order of popularity for 2016

Sports courts (tennis, bocce, etc.) – 41%
Spa features (hot tubs, Jacuzzis, whirlpools, indoor/outdoor saunas) – 40%
Swimming pools – 36%
Labyrinths – 11%

Landscape/Garden Elements

Ranked in expected order of popularity for 2016

Native plants – 86%
Low-maintenance landscapes – 85%
Food/vegetable gardens (including orchards, vineyards, etc.) – 75%
Rain gardens – 73%
Water-saving xeriscape or dry gardens – 68%
Organic gardens – 64%
Plant walls/vertical gardens – 61%
Rooftop gardens – 55%
Decorative water elements (ornamental pools, fountains, splash pools, waterfalls, grottos, water runnels or bubblers) – 46%
Ponds/streams – 29%

Outdoor Structures

Ranked in expected order of popularity for 2016

Pergolas – 51%
Decks – 47%
Arbors – 44%
Fencing – 44%
Porches – 40%
ADA accessible structures (ramps, bars, shelving, etc.) – 38%
Pavilions – 33%
Play structures (treehouses, swing sets, etc.) – 31%
Utility sheds (tool sheds, garden sheds) – 28%
Gazebos – 24%

Sustainable Elements

Ranked in expected order of popularity for 2016

Rainwater/graywater harvesting – 88%
Native/adapted drought tolerant plants – 85%
Permeable paving – 77%
Drip/water-efficient irrigation – 72%
Reduced lawn area – 72%
Recycled materials – 61%
Solar-powered lights – 56%
Compost bins – 45%
Geothermal heated pools – 28%

About the American Society of Landscape Architects

Founded in 1899, ASLA is the national professional association for landscape architects, representing more than 15,000 members in 49 professional chapters and 72 student chapters. Members of the Society use “ASLA” after their names to denote membership and their commitment to the highest ethical standards of the profession. Landscape architects lead the stewardship, planning and design of our built and natural environments; the Society’s mission is to advance landscape architecture through advocacy, communication, education and fellowship.

(Español) Univision lanza innovadora campaña de participación de votantes: Vota por tu América

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Pagina web de Vota Por Tu America, YourAmerica.com

Sorry, this entry is only available in Español.

Former Senior Executives of Borderfree Join iguama to Accelerate Cross-Border Shopping in Latin America

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MIAMI, Feb. 23, 2016 /PRNewswire-HISPANIC PR WIRE/ — Michael DeSimone and Kris Green, early e-commerce pioneers and experts in the cross-border ecommerce space, have taken on leadership roles at iguama, a Latin American online cross-border mall featuring popular U.S. brands and products. DeSimone has joined the Board of Directors of iguama and Green has joined the Advisory Board to guide the start-up’s business and operations teams.

Founded in 2014, iguama is a cross-border shopping club offering top brands to Latinos from U.S. retailers not traditionally present in Latin America. Using end-to-end technology tools, iguama manages the entire store-to-customer transaction process, allowing U.S. brands to sell products internationally with ease.

“Michael DeSimone and Kris Green have been a prominent force in the cross-border industry, inventing new ways to help top U.S. retailers successfully expand in the global marketplace. We are very pleased they have decided to take on this leadership role at iguama. Their experience, knowledge and resources will be invaluable in directing our business plan,” said Diego Fernandez, Co-Founder and Chief Executive Officer of iguama.

DeSimone is the former Chief Executive Officer and President of Borderfree, a technology logistics company that allows businesses to sell products internationally. For more than eight years, DeSimone led the company from a struggling startup to a global enterprise that IPO’d on NASDAQ. Borderfree was successfully acquired by Pitney Bowes in May 2015 for $395 million.

Over his career DeSimone has been a part of sales, e-commerce and marketing divisions of companies such as E4X, Travelex and Citi. He also has received numerous honors, including finalist in the Ernst & Young Entrepreneur of the Year award, and was most recently selected as one of SmartCEO’s Future 50. During his tenure at Borderfree, the company was ranked No. 17 on Crain’s New York Business Fast 50 List and No. 86 on Deloitte’s Technology Fast 500 list.

Green is the former Chief Strategy Officer and Executive Vice President of Sales at Borderfree. Green joined Borderfree in 2007 and alongside DeSimone, helped build the world’s leading cross-border ecommerce platform product. Green has more than 15 years experience building, selling, and marketing technology solutions that facilitate cross-border trade and in eight years at Borderfree, helped recruit and power global e-commerce for more than 200 iconic and coveted brands and retailers in the U.S. and United Kingdom. He is a recognized authority on international ecommerce best practices and successfully globalizing ecommerce businesses.

“I am honored and pleased to be working with team iguama,” said Desimone. “The global e-commerce sector, particularly in Latin America, is on the verge of major expansion. Retailers have been longing for a partner they can trust to not just smooth over Latin American ecommerce transactions, but to also drive significant consumer demand and awareness. That’s the combination that team iguama will be the first to truly deliver.”

Green echoed Desimone’s sentiment. “Latin America has been a region that U.S. retailers have struggled to succeed in from a distance. Iguama has finally given the Latin American consumer the hyperlocalized shopping experience they want and made it effortless for U.S. retailers of all sizes to be a part of it”, said Green.

About iguama
Established in 2014, iguama is the first and only e-commerce cross-border shopping club that allows the rest of the world (starting in Latin America) to buy top quality brands from U.S. stores at affordable prices. The company’s core business model is to market club memberships and not to profit on the products it sells or on international costs associated with each transaction, making it very simple for U.S. stores to sell products internationally. All of the complexity in cross-border transactions is handled by iguama, which includes: local marketing, customer service, total in-country calculation of price, efficient logistics and payment acceptance. Based in Miami, iguama is backed by venture capital firm PeopleFund. Visit www.iguama.com for more information.

About PeopleFund
PeopleFund is a global pioneer in value added investments focused on technology, internet and media. They are uniquely positioned to add significant value to companies by leveraging their in-house management and technology expertise. PeopleFund’s investment approach allows them to partner and invest in early through growth stage venture investments, private equity and public companies. By partnering with management and entrepreneurs, PeopleFund has generated industry leading returns for our investors. For more information please visit: www.peoplefund.com

Pollo Campero’s Momentum Holds Strong with 10.2% Same-store Sales Growth for 2015

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DALLAS, Feb. 23, 2016 /PRNewswire-HISPANIC PR WIRE/ — Pollo Campero, Latin America’s authentic chicken brand, kicks off its 45th anniversary year by announcing a strong performance for 2015. Pollo Campero’s announcement follows strong fourth quarter (Q4) results with 11.7% comparable sales growth, marking the 16th consecutive quarter of solid same-store sales growth. The positive sales momentum began in 2012 and comes as the world’s largest Latin chicken restaurant brand looks to enhance its digital presence and its already-famous Latin menu.

Photo – http://photos.prnewswire.com/prnh/20160222/336111

“We are thrilled for our continued solid performance at Pollo Campero,” said Tim Pulido, president and CEO of Pollo Campero International. “But to see our high comparable growth hold steady from year to year not only confirms to us that we’re on the right path, but also motivates us as we continue to grow and innovate.”

Pollo Campero began its strong growth trend in 2012, with a 7.9% same-store sales increase. In 2013, it reached 6.9% same-store sales growth, followed by 7.4% in 2014 and finishing with 10.2% comparable sales growth last year.

Campero has activated a number of strategic initiatives to maintain its momentum since 2014: a global brand refresh was launched with a chicken-centric Latin positioning that helped differentiate the brand, a remodel program that has modernized existing restaurants improving the overall brand experience and its focus on Latin-inspired limited-time offers to drive consumer interest and keep the menu exciting. Through its product and program strategy around its Latin flavors, Campero has grown its millennial customer base quarter after quarter. Today, more than half of the brand’s customers are millennials.

As Pollo Campero looks to sustain its momentum and continue to engage with millennials, the brand is investing heavily in the digital space. “We’ve recently revamped our website, Campero.com, to improve the online user experience, share more about our brand’s story and highlight other key brand attributes that are important to our fans,” said Federico Valiente, Pollo Campero International’s brand lead. The brand has also launched online ordering for a limited number of its Dallas, Texas, restaurants and is gearing up to test its new mobile app during the first quarter (Q1) of 2016. “We want to make our authentic Latin flavors more convenient to our customers and our online platforms will enable us to do so,” Valiente said.

Campero also continues its focus on new product news and innovation, particularly menu items to enhance its hormone-free chicken meals. The brand is kicking off the year with its new Street Corn Salad, a Latin American favorite offering a lighter pairing that’s rich and heavy in flavor. “We focus on unique menu items and the new Street Corn Salad delivers on just that—fresh Latin ingredients that deliver a real flavor punch,” Valiente explained.

Pollo Campero’s development plans are as bold as its flavors. “2016 will be a milestone year for our brand in the United States,” Pulido said. “We’re planning on growing our system by more than 20%, which is something we had not done before.” The brand is concentrating its development in key U.S. markets with both corporate and franchise restaurants. “Last year was an outstanding year for us and we’re confident we’re poised for another huge year in 2016,” finished Pulido. While Campero’s unit growth in recent years has been through corporate stores, the brand is looking to bring in new franchisees into the system as it expands its footprint in the United States.

ABOUT POLLO CAMPERO
Pollo Campero, considered the home of Authentic Latin Chicken, is the largest Latin chicken restaurant brand in the world. It first opened its doors as a tiny, family-owned restaurant in Guatemala in 1971 with the goal of treating family and friends to its prized chicken recipe passed down from generation to generation. Today, as Pollo Campero marks its 45th anniversary, its focus on quality, and its mission to stay true to its Latin roots remain the same. Pollo Campero is committed to serving unique Latin recipes prepared by hand daily using high-quality and all-natural ingredients. At the heart of that commitment: the promise to use fresh, never frozen, hormone-free chicken paired with traditional Latin sides, drinks and desserts in a vibrant atmosphere. There are more than 350 Pollo Campero restaurants around the world and Campero is still growing. For franchise information, or to learn more about Pollo Campero, visit Campero.com. Follow the flavor on Facebook, Twitter and Instagram @CamperoUSA.

The Home Depot Announces Record Fourth Quarter And Fiscal 2015 Results; Increases Quarterly Dividend By 17 Percent And Provides Fiscal 2016 Guidance

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ATLANTA, Feb. 23, 2016 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot®, the world’s largest home improvement retailer, today reported sales of $21.0 billion for the fourth quarter of fiscal 2015, a 9.5 percent increase from the fourth quarter of fiscal 2014. Comparable store sales for the fourth quarter of fiscal 2015 were positive 7.1 percent, and comp sales for U.S. stores were positive 8.9 percent.

Logo – http://photos.prnewswire.com/prnh/20030502/HOMEDEPOTLOGO

Net earnings for the fourth quarter of fiscal 2015 were $1.5 billion, or $1.17 per diluted share, compared with net earnings of $1.4 billion, or $1.05 per diluted share, in the same period of fiscal 2014. For the fourth quarter of fiscal 2015, diluted earnings per share increased 11.4 percent from the same period in the prior year.

Fiscal 2015

Sales for fiscal 2015 were $88.5 billion, an increase of 6.4 percent from fiscal 2014. Total company comparable store sales for fiscal 2015 increased 5.6 percent, and comp sales for U.S. stores were positive 7.1 percent for the year.

Earnings per diluted share in fiscal 2015 were $5.46, compared to $4.71 per diluted share in fiscal 2014, an increase of 15.9 percent.

Fiscal 2015 results include a pretax net expense of $128 million, or $0.06 per diluted share, related to the Company’s 2014 data breach, of which $9 million, or $0.00 per diluted share, was recognized in the fourth quarter.

“Our focus on improving the interconnected customer experience, along with solid execution and continued recovery in the U.S. housing market, resulted in record sales and net earnings for 2015,” said Craig Menear, chairman, CEO and president. “I’d like to thank our associates for their hard work and dedication to our customers.”

Capital Allocation Strategy

The Company today announced that its board of directors declared a 17 percent increase in its quarterly dividend to $0.69 per share. “As a testament to our commitment to create value for our shareholders, the board has increased the dividend for the seventh consecutive year,” said Menear.

The dividend is payable on March 24, 2016, to shareholders of record on the close of business on March 10, 2016. This is the 116th consecutive quarter the Company has paid a cash dividend.

Combined with today’s announcements, the Company reiterated its capital allocation principles:

  • Dividend Principle: Targeting a dividend payout ratio of approximately 50 percent of net earnings.
  • Share Repurchase Principle: After meeting the needs of the business, use excess cash to repurchase shares, with the intent of completing its remaining $11.0 billion share repurchase authorization by the end of fiscal 2017.
  • Return on Invested Capital Principle: Maintain a high return on invested capital, with a goal of reaching 35 percent by the end of fiscal 2018.

Fiscal 2016 Guidance

Given the strength of the U.S. dollar, the Company provided a range of sales, comp sales and diluted earnings-per-share growth to reflect the difference between 2015 average exchange rates and current exchange rates. If currency exchange rates remain where they are today, this would cause a negative impact to fiscal 2016 net sales growth of approximately $800 million, as well as a negative impact on diluted earnings-per-share growth of approximately $0.06 per share. The low-end of the Company’s sales and diluted earnings-per-share growth guidance reflects this currency impact.

  • Sales growth of approximately 5.1 to 6.0 percent
  • Comparable store sales growth of approximately 3.7 to 4.5 percent
  • Five new stores in Mexico
  • Flat gross margin rate
  • Operating margin rate expansion of approximately 70 basis points
  • Tax rate of approximately 37 percent
  • Share repurchases of approximately $5.0 billion
  • Diluted earnings-per-share growth after anticipated share repurchases of approximately 12 percent to 13 percent, or $6.12 to $6.18
  • Capital spending of approximately $1.64 billion
  • Depreciation and amortization expense of approximately $1.9 billion
  • Cash flow from the business of approximately $10.0 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 earnings.homedepot.com.

At the end of the fourth quarter, the Company operated a total of 2,274 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 385,000 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 store sales; effects of competition; 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; implementation of store, interconnected retail and supply chain initiatives; management of relationships with our suppliers and vendors; the impact and expected outcome of investigations, inquiries, claims and litigation, including those related to the 2014 data breach; issues related to the payment methods we accept; 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 effect of accounting charges; the effect of adopting certain accounting standards; store openings and closures; guidance for fiscal 2016 and beyond; financial outlook; and the integration of Interline Brands, Inc. into our organization and the ability to recognize the anticipated synergies and benefits of the acquisition. 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 February 1, 2015 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. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EARNINGS

FOR THE THREE MONTHS AND FISCAL YEARS ENDED JANUARY 31, 2016 AND FEBRUARY 1, 2015

(Unaudited)

(Amounts in Millions Except Per Share Data and as Otherwise Noted)

Three Months Ended

Fiscal Year Ended

January 31,
2016

February 1,
 2015

% Increase

(Decrease)

January 31,
2016

February 1,
 2015

% Increase
(Decrease)

NET SALES

$

20,980

$

19,162

9.5%

$

88,519

$

83,176

6.4%

Cost of Sales

13,824

12,580

9.9

58,254

54,787

6.3

GROSS PROFIT

7,156

6,582

8.7

30,265

28,389

6.6

 

Operating Expenses:

Selling, General and Administrative

4,178

3,987

4.8

16,801

16,280

3.2

Depreciation and Amortization

429

404

6.2

1,690

1,640

3.0

Total Operating Expenses

4,607

4,391

4.9

18,491

17,920

3.2

OPERATING INCOME

2,549

2,191

16.3

11,774

10,469

12.5

Interest and Other (Income) Expense:

Interest and Investment Income

(6)

(115)

(94.8)

(166)

(337)

(50.7)

Interest Expense

242

213

13.6

919

830

10.7

Interest and Other, net

236

98

N/M

753

493

52.7

EARNINGS BEFORE PROVISION FOR

INCOME TAXES

2,313

2,093

10.5

11,021

9,976

10.5

Provision for Income Taxes

842

714

17.9

4,012

3,631

10.5

NET EARNINGS

$

1,471

$

1,379

6.7%

$

7,009

$

6,345

10.5%

Weighted Average Common Shares

1,252

1,306

(4.1)%

1,277

1,338

(4.6)%

BASIC EARNINGS PER SHARE

$

1.17

$

1.06

10.4

$

5.49

$

4.74

15.8

Diluted Weighted Average Common Shares

1,259

1,314

(4.2)%

1,283

1,346

(4.7)%

DILUTED EARNINGS PER SHARE

$

1.17

$

1.05

11.4

$

5.46

$

4.71

15.9

Three Months Ended

Fiscal Year Ended

SELECTED SALES DATA(1)

January 31,
2016

February 1,
 2015

% Increase

(Decrease)

January 31,
2016

February 1,
2015

% Increase

(Decrease)

Number of Customer Transactions

349.1

332.1

5.1%

1,500.8

1,441.6

4.1%

Average Ticket (actual)

$

58.96

$

57.79

2.0

$

58.77

$

57.87

1.6

Sales per Square Foot (actual)

$

346.55

$

324.58

6.8

$

370.55

$

352.22

5.2

(1)     Selected Sales Data does not include results for the Interline acquisition that was completed in the third quarter of fiscal 2015.

N/M – Not Meaningful

THE HOME DEPOT, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

AS OF JANUARY 31, 2016 AND FEBRUARY 1, 2015

(Unaudited)

(Amounts in Millions)

January 31,
2016

February 1,
 2015

ASSETS

Cash and Cash Equivalents

$

2,216

$

1,723

Receivables, net

1,890

1,484

Merchandise Inventories

11,809

11,079

Other Current Assets

1,078

1,016

Total Current Assets

16,993

15,302

 

Property and Equipment, net

22,191

22,720

Goodwill

2,102

1,353

Other Assets

1,263

571

TOTAL ASSETS

$

42,549

$

39,946

LIABILITIES AND STOCKHOLDERS’ EQUITY

Short-Term Debt

$

350

$

290

Accounts Payable

6,565

5,807

Accrued Salaries and Related Expenses

1,515

1,391

Current Installments of Long-Term Debt

3,052

38

Other Current Liabilities

4,019

3,743

Total Current Liabilities

15,501

11,269

 

Long-Term Debt, excluding current installments

17,913

16,869

Other Long-Term Liabilities

2,819

2,486

Total Liabilities

36,233

30,624

 

Total Stockholders’ Equity

6,316

9,322

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

$

42,549

$

39,946

THE HOME DEPOT, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE FISCAL YEARS ENDED JANUARY 31, 2016 AND FEBRUARY 1, 2015

(Unaudited)

(Amounts in Millions)

Fiscal Year Ended

January 31,
2016

February 1,
 2015

CASH FLOWS FROM OPERATING ACTIVITIES:

Net Earnings

$

7,009

$

6,345

Reconciliation of Net Earnings to Net Cash Provided by Operating Activities:

Depreciation and Amortization

1,863

1,786

Stock-Based Compensation Expense

244

225

Gain on Sales of Investments

(144)

(323)

Changes in Working Capital and Other

401

209

Net Cash Provided by Operating Activities

9,373

8,242

CASH FLOWS FROM INVESTING ACTIVITIES:

Capital Expenditures

(1,503)

(1,442)

Proceeds from Sales of Investments

144

323

Payments for Businesses Acquired, net

(1,666)

(200)

Proceeds from Sales of Property and Equipment

43

48

Net Cash Used in Investing Activities

(2,982)

(1,271)

CASH FLOWS FROM FINANCING ACTIVITIES:

Proceeds from Short-Term Borrowings, net

60

290

Proceeds from Long-Term Borrowings, net of discount

3,991

1,981

Repayments of Long-Term Debt

(39)

(39)

Repurchases of Common Stock

(7,000)

(7,000)

Proceeds from Sales of Common Stock

228

252

Cash Dividends Paid to Stockholders

(3,031)

(2,530)

Other Financing Activities

4

(25)

Net Cash Used in Financing Activities

(5,787)

(7,071)

Change in Cash and Cash Equivalents

604

(100)

Effect of Exchange Rate Changes on Cash and Cash Equivalents

(111)

(106)

Cash and Cash Equivalents at Beginning of Period

1,723

1,929

Cash and Cash Equivalents at End of Period

$

2,216

$

1,723

 

New Allstate/USA TODAY Small Business Barometer Reveals Strong Optimism on Main Street

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NORTHBROOK, Illinois, Feb. 23, 2016 /PRNewswire-HISPANIC PR WIRE/ — In a first-of-its-kind study of America’s small business sector released today, the Allstate/USA TODAY Small Business Barometer revealed a strong climate for small businesses in the country overall and a groundswell of optimism among local entrepreneurs with a majority (53 percent) saying rapid innovation and an improving economy make now the best time ever to own a small business.

Photo – http://photos.prnewswire.com/prnh/20160222/335925
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Photo – http://photos.prnewswire.com/prnh/20160222/335926
Photo – http://photos.prnewswire.com/prnh/20160222/335927
Logo – http://photos.prnewswire.com/prnh/20130404/MM88193-b
Video – http://origin-qps.onstreammedia.com/origin/multivu_archive/PRNA/ENR/335943-AllState-Small-Business-Barometer-B-Roll.mp4

The new Allstate/USA TODAY Small Business Barometer combines a survey of more than 2,600 small business owners1 with a comprehensive catalog of public data to measure the strength of America’s small business climate nationally and in 25 major metropolitan areas across the country.

“As a national network of small businesses, we wanted deeper insight into the challenges and opportunities facing local businesses across the country,” said Allstate Agency Owner Octavio Pina. “It’s encouraging to see small business owners report a deep and growing optimism about their prospects, particularly women- and minority-owned businesses. Local entrepreneurs are making sacrifices, overcoming hurdles, investing in their businesses and embracing leadership roles in their communities to pursue their dreams and help Main Street thrive across America.”

“USA TODAY is part of the broader USA TODAY NETWORK whose purpose is to provide reliable insight into important issues at both the local and national level,” said USA TODAY Editor in Chief Dave Callaway. “Partnering with Allstate to provide a deeper understanding of the small business climate is a great opportunity to educate our local communities on a topic vital to their growth.”

The Allstate/USA TODAY Small Business Barometer produced an overall score of 61 for the country’s small business sector, which rates as “strong” on the Barometer’s 0-100 scale. That ranking was reflected in the majority of cities across the country, with scores in 25 major markets ranging from 57 in New York to 64 in Indianapolis and Orlando.

The Barometer analyzed an extensive inventory of public data, including statistics from the U.S. Census Bureau, the Bureau of Labor Statistics, the Federal Reserve, the Federal Register and more. The questions posed to small business owners in the survey evaluated their outlook in eight different categories2: capital3, commodities4, customers5, innovation, labor6, regulation, technology and optimism.

The Barometer’s proprietary data model weighted the scores of each of the eight indicators to determine a final ranking based on the following ranges: “excellent” (81-100), “strong” (61-80), “solid” (41-60), “fair” (21-40) and “challenged” (0-20).

With a national score of 79, optimism received the highest total of any of the eight indicators. In particular, the Barometer revealed optimism to be extremely high among black business owners (100), Hispanic business owners (87), other minority business owners (92) and women business owners (85).

To get a more in-depth breakdown of the national profile, or to see how each city scored, visit www.allstate.com/Barometer.

KEY FINDINGS

Small business owners are optimistic and confident: More than half say there has never been a better time to own a small business.

  • Nearly nine-in-10 (89 percent) of respondents believe the benefits of owning a small business outweigh the challenges.
  • The Small Business Barometer ranks optimism to be especially high among women (85) and minorities (92).

Small business owners are innovators: They often try new things – adapting to change, working more, and paying themselves less.

  • Just over half (52 percent) of small business owners have tried a new business practice in the past three months.
  • The Allstate/USA TODAY Small Business Barometer ranks innovation strong (73) among small business owners across the country.
  • Nearly four in 10 (38 percent) tried new technologies, but reported that financial barriers – higher costs, taxes and regulations – did get in the way.

Small business owners report positive performance: Nearly 80 percent reported that in the past year their business has grown the same or more compared to the previous year – an indication the economy continues to improve.

  • More than six-in-10 (61 percent) of those surveyed said their business is doing “well” or “very well” these days.
  • Nearly a third (31 percent) of small business owners in the Barometer survey plan to hire workers within the next three months — a potential boon to local economies.

Local entrepreneurs value intangible benefits more than money.

  • Small business owners say there are a lot of things they value, including: “Being my own boss,” “Having a sense of freedom, “Following my passion,” and “Creating something on my own.”
  • While nearly half of small business owners claim that being their own boss gives them tremendous enjoyment (49 percent), just one-in-five point to money as one of their key motivators. More than one-third cite flexible work hours (35 percent) and nearly a quarter get satisfaction from creating something all their own (22 percent) or following their passion (22 percent).
  • Intangible sacrifices, however, are often necessary to make a small business work: Forty percent have frequently missed out on opportunities to spend time with family or friends.

Small business owners still face unique and significant challenges.

  • More than half (54 percent) of small business owners ranked getting new clients as a five, six or seven on a scale of one (not challenging at all) to seven (very challenging) in terms of difficulty, and 36 percent say it is one of their two biggest problems – the highest response among all challenges.
  • Four-in-10 (41 percent) have forgone salary to benefit their business, and prices for materials and equipment are going up: Nearly one-quarter (23 percent) of respondents reported they raised their own prices in the last year, while only 5 percent said they lowered their prices in that time frame.
  • Forty percent of small business owners described the regulatory climate as “burdensome,” and 20 percent said it is “extremely burdensome.”

The Allstate USA Today Small Business Barometer

The Allstate/USA Today Small Business Barometer provides information about the small business climate in the United States and 25 of its largest markets. Built from a unique, proprietary data model, the Barometer combines the findings from a custom in-depth survey of 2,640 small business owners with public data to provide an experiential tool with insight into fundamental small business indicators and sentiment. For a full explanation of the methodology used in this study, please visit www.allstate.com/Barometer.

For information and access to resources that help small businesses succeed, check out the http://www.allstate.com/barometer website and http://www.allstate.com/blog.

About Allstate
The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer, protecting approximately 16 million households from life’s uncertainties through auto, home, life and other insurance offered through its Allstate, Esurance, Encompass and Answer Financial brand names. Allstate is widely known through the slogan “You’re In Good Hands With Allstate®.” The Allstate brand’s network of small businesses offers auto, home, life and retirement products and services to customers in the United States and Canada. In the 20 years since Allstate became a fully independent public company, The Allstate Foundation, Allstate, its employees and agency owners have donated more than $405 million to support local communities.

About USA TODAY
Founded in 1982, USA TODAY delivers high-quality, engaging content through unique visual storytelling across all platforms. An innovator of news and information, USA TODAY reflects the pulse of the nation and serves as the host of the American conversation — today, tomorrow, and for decades to follow. USA TODAY is the nation’s number one newspaper. USA TODAY’s award winning news site reaches more than 50M unique visitors a month across its digital platforms with more than 20M application downloads. USA TODAY is owned by Gannett Co. Inc.

1As part of the Allstate/USA Today Small Business Barometer, Allstate fielded an online survey with 2,640 completed interviews: a base sample of 500 small business owners and geographic oversamples of 25 major markets ranging from N=50 to N=100 in each one to reveal issues and information relevant to small business owners and select subgroups.
2 Data related to Labor, Capital, Commodities and Customers reflect a combination of the public and survey data sources, while values related to Innovation, Regulation and Technical challenges reflect data exclusively obtained from the Allstate Survey of Small Businesses.
3 Our measure of Capital is derived from responses to seven questions in the survey, combined with national level data on the Federal Discount Rate, Feds Fund Rate, and 11th District Cost of Funds. Read more: http://www.bankrate.com/rates/interest-rates/prime-rate.aspx#ixzz3tM9Y9Emx.
4 The measure of Commodities is derived from responses to four questions in the survey, combined with the International Monetary Fund Commodity Index for a single quarter compared to the same quarter one year previous. Read more: http://www.imf.org/external/np/res/commod/index.aspx.
5The measure on Customers relies on survey responses from 10 questions, combined with data from the U.S. Bureau of Economic Analysis on disposable personal income. Read more: http://www.bea.gov/iTable/iTable.cfm?reqid=9&step=1&acrdn=2#reqid=9&step=3&isuri=1&903=58. 
6 The measure on Labor is derived from survey responses to seven questions in the survey, combined with national level U.S. Bureau of Labor Statistics data on average hourly earnings, wage comparison, and the unemployment rate. Read more: http://www.bls.gov/data/and http://www.bls.gov/web/empsit/tab5.txt.

The 2016 Pepsi® Football Roster Introduces Blue Card To The Global Game

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PURCHASE, New York, Feb. 23, 2016 /PRNewswire-HISPANIC PR WIRE/ — #BLUECARD – Continuing its longstanding history of fueling football passion around the world, Pepsi® announced its 2016 global roster of all-star players today. The Pepsi team, uniting thrilling international talent from top clubs, will spark excitement throughout the year with a new integrated global campaign, the Pepsi Blue Card (#BlueCard).

Photo – http://photos.prnewswire.com/prnh/20160218/334910 

The Pepsi lineup of superstars includes Argentinian striker Sergio Agüero (Manchester City), Colombian phenom James Rodríguez (Real Madrid), Belgian team captain Vincent Kompany (Manchester City), Chilean leading scorer Alexis Sánchez (Arsenal) and Spanish goalkeeper great David de Gea (Manchester United).

The 2016 global Pepsi football team will be featured in a variety of integrated campaign elements, anchored by a global television commercial released today: https://youtu.be/C-FHnnRYYKc. Bringing to life the Pepsi Blue Card, an unsuspecting pair of delivery drivers get the surprise of a lifetime as a pickup game with members of the Pepsi team breaks out in the most unexpected fashion.

“The Pepsi Blue Card was created to stop boredom in its tracks and unleash unexpected moments of fun,” said Carla Hassan, SVP, Global Brand Management, PepsiCo Global Beverage Group. “While the traditional red or yellow card might stop play, the Pepsi Blue Card signals that things are about to get exciting – which is a perfect kick start to the year for our iconic brand.”

The integrated effort includes a complementary app available for free download on the Apple App and Google Play stores beginning February 23, as well as digital and social content, out of home and point of sale rolling out in markets around the world throughout the year.

The 2016 program builds off an exciting win: PepsiCo’s flagship brands Pepsi, Lay’s and Gatorade have joined forces with the prestigious European club football tournament, the UEFA Champions League, as an official sponsor. The UEFA Champions League Final is the world’s most watched annual sporting event. The 2015 final was aired in more than 200 countries, reaching an estimated 400 million viewers, with an anticipated average live match viewership of 180 million.

Player Statements:

Sergio Agüero (Manchester City): “I am excited to be partnering with Pepsi once again, and thrilled to have been selected as a member of the 2016 global team of footballers. I am looking forward to teaming up with Vincent, James, Alexis and David throughout the year to bring fun, unexpected opportunities to football fans around the world.”

James Rodríguez (Real Madrid): “I’m proud to be a part of the Pepsi global roster of footballers in 2016. It was a great experience working with the brand last year, and I am looking forward to teaming up with this year’s Pepsi team to bring unexpected, exciting opportunities to football fans around the world.”

Vincent Kompany (Manchester City): “It’s an honor to partner with Pepsi once again. This campaign is all about fun and a little bit of craziness that you can add to a moment. When you take out the Pepsi Blue Card everything changes – I think we all need that in our days.”

Alexis Sánchez (Arsenal): “Pepsi is one of the most recognizable brands associated with our great sport and it’s amazing to be a part of their global roster of footballers this year.”

David de Gea (Manchester United): “I’m thrilled to join the Pepsi football team for the first time this year. I’ve always been excited to see what the brand brings to our sport and fans – on and off the pitch – and I can’t wait to be a part of it.”

About PepsiCo

PepsiCo products are enjoyed by consumers one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $66 billion in net revenue in 2013, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. At the heart of PepsiCo is Performance with Purpose – our goal to deliver top-tier financial performance while creating sustainable growth in shareholder value. In practice, Performance with Purpose means providing a wide range of foods and beverages from treats to healthy eats; finding innovative ways to minimize our impact on the environment and reduce our operating costs; providing a safe and inclusive workplace for our employees globally; and respecting, supporting and investing in the local communities where we operate. For more information, visit www.pepsico.com.

MV Construction Group Joins the Habitat for Humanity Family as a Sponsor of Blitz Build 2016

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MIAMI, Feb. 22, 2016 /PRNewswire-HISPANIC PR WIRE/ — MV Construction & Development Group has chosen Habitat for Humanity of Greater Miami as a charity partner and has sponsored the build of a home for a Habitat family in need. Lead by Manny Angelo Varas, the company’s CEO who is a notable developer, general contractor and Harvard University alumnus of the distinguished Graduate School of Design, this partnership marks a milestone in MV Group’s commitment to the South Florida community.

Photo – http://photos.prnewswire.com/prnh/20160222/335863

MV Group’s team, elected officials, and partners shall celebrate at the dedication ceremony the completion of Blitz Build 2016. Blitz is Habitat’s accelerated construction project, where 10 Habitat homes are completed in a 2-week period. This year’s event will be held in West Perrine on properties within a 3-block radius, dedication ceremony to be held on February 27, 2016 at 1:00pm located at 10345 S.W. 182 Street.

“We are thrilled to bring out our team to complete our Habitat home during Blitz Build 2016. We are honored to contribute to the ongoing development of the West Perrine area, and can’t wait for dedication of our home to the Habitat family,” said Varas, CEO and President of MV Group.    

“We are delighted to have MV Group helping us further our mission,” stated Miami Habitat CEO, Mario Artecona.”It’s always a wonderful thing to see a busy company take the time to engage in their local community by rolling up their sleeves and being a part of what will become an affordable home for one of our great partner families.”

Based in Miami, MV Construction Group is a full-service construction company that offers a broad range of construction and interior design services. The group acquires major contracts with many of South Florida’s most iconic and well-known developments, totaling over 1,000,000 square feet of construction and $500 million in real estate value. www.mvgroupusa.com

Lopez Negrete Wins Big at American Advertising Federation – Houston Chapter Awards

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Lopez Negrete garnered 39 awards in total at this year's AAF-Houston ADDYs.

HOUSTON, Feb. 22, 2016 /PRNewswire-HISPANIC PR WIRE/ — Lopez Negrete Communications, Inc., the nation’s largest independent, Hispanic owned and operated, full-service agency specializing in Hispanic marketing, earned 34 American Advertising Federation – Houston Chapter awards, including a “Best in Show” in the Broadcast category for their “De lo ordinario a lo extraordinario” campaign for Fiat Chrysler Automobiles’ 2015 Chrysler 200. This marks the thirteenth consecutive year that the agency has earned “Best in Show” honors.

Lopez Negrete garnered 39 awards in total at this year's AAF-Houston ADDYs.

The winning campaign featured acclaimed actor Gael García Bernal in four national television spots that aired across U.S. Hispanic media – one :60 and three :30 commercials. The series focuses on Gael, in his 2015 Chrysler 200, interacting with a young boy, Paquito, claiming to be him from the past. When Paquito catches a glimpse of his “real” future self, he’s inspired to leave ordinary behind and go someplace new with Gael. The commercials use humor, cultural cues and a spirit of individuality to convey a unified message: “Why choose ordinary when you can have extraordinary?”

Other landmark awards given to the agency include the Brett Elliott Award for Excellence in Copywriting and the Special Judges’ Award for Excellence in Art Direction, both for “Salt of the Earth,” another campaign for Fiat Chrysler Automobiles. “Salt of the Earth” encompassed three anthemic TV commercials that worked to align the sweat Latino workers put into building a life for themselves and their families with Fiat Chrysler Automobile’s RAM truck division.

“This is a very proud moment for us as an agency. We’ve had a fantastic run earning Best in Show nods in different categories throughout our 30 years, and to receive our thirteenth consecutive Best in Show – to set that new personal record – is very rewarding. And to top that off with the recognition of receiving the Brett Elliott and Special Judges’ awards was an even bigger honor. Our continued success couldn’t be possible without our clients, our suppliers and everyone who made the work – and the wins – possible, and we’re very grateful for each and every one. Most importantly, the winning work performed extremely well in the marketplace, and that is what it’s all about,” says Lopez Negrete Communications President and CEO Alex López Negrete about his agency’s recognitions.

In addition to its Best of Show – Broadcast award, Lopez Negrete Communications also received the following honors:

  • Brett Elliott Award for Excellence in Copywriting for the Fiat Chrysler Automobiles campaign, “Salt of the Earth”
  • Special Judges’ Award for Excellence in Art Direction for the Fiat Chrysler Automobiles campaign, “Salt of the Earth”
  • Fiat Chrysler Automobiles
    • Four Gold and one Silver award, and seven Citations of Excellence
  • Walmart
    • Three Gold and four Silver awards, and three Citations of Excellence
  • Lopez Negrete Communications
    • Two Gold and one Silver award, and two Citations of Excellence
  • Verizon Wireless
    • One Gold and one Silver award
  • Converse
    • Two Silver awards
  • Feld Entertainment
    • One Silver award

About Lopez Negrete Communications
Lopez Negrete Communications, Inc. specializes in providing full-service marketing services to corporations wishing to reach and engage with the Hispanic marketplace in America, and stands as the largest Hispanic, independently owned and operated, full-service agency in the United States. Founded in 1985 by Alex and Cathy López Negrete, the agency offers thought leadership and a full range of marketing, advertising and communications services, including strategic planning, research and consumer insights, media planning and buying, creative, brand strategy, digital/social/mobile marketing services, public relations, and promotions. Award winning throughout a rich, 30-year history, Lopez Negrete counts as clients some of the nation’s largest corporations and their prestigious brands, including Verizon Communications Inc. (Wireless and Telecom), Bank of America, Walmart Stores, Inc., SAMSUNG Telecommunications America, NBC Universal Motion Pictures Group, Fiat Chrysler Automobiles, Feld Entertainment, the Recreational Boating and Fishing Foundation, MassMutual Financial Group, Phillips 66, and Southern California Edison. With national headquarters in Houston, Texas and offices in Los Angeles, New York, and Mexico City, Lopez Negrete employs more than 200 employees who keep clients at the forefront of a burgeoning Hispanic market.

Photo – http://photos.prnewswire.com/prnh/20160222/335899

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