Home Depot starts offering Interline Brands products in stores
Pilot program in just 20 stores, but executive says results are ‘three times expectations.’
The Home Depot is in the early stages of offering Interline Brands products in its stores.
“The Interline integration is progressing as we continue to deliver on the acquisition's value drivers,” said Craig Menear, chairman, president and CEO of Home Depot during a company earnings call on Aug. 16 to discuss its second quarter performance. “We have been piloting our first business use case, offering Interline's catalog of products to pros shopping Home Depot stores. We're pleased with the traction we've seen in this pilot, although it is still early days.”
In a question and answer session with stock analysts, Bill Lennie, executive vice president of outside sales and service for Home Depot, added that the Interline produces are currently in 20 stores for a pilot program.
“It’s really early days, but our results are exceeding expectations,” he said. “They are really three times expectations. So it's encouraging. It says that all of the assumptions there have the ability to increase share of wallet with pro, remain intact.”
You can read the full transcript of the call here.