Home Depot to hire more than 80,000 workers nationwide, 675 in P - KPTV - FOX 12

Home Depot to hire more than 80,000 workers nationwide, 675 in Portland

Photo: Home Depot Photo: Home Depot
Photo: Home Depot Photo: Home Depot
NEW YORK (KPTV/AP) -

Home Depot is on a hiring spree.

The nation's largest home improvement chain, based in Atlanta, said Wednesday it is hiring more than 80,000 workers nationwide for its busy spring season, the same level as in recent years. The retailer estimates that more than half of the temporary workers stay on for permanent employment.

Home Depot said 675 of those new hires would be in Portland.

The part-time and full-time jobs include sales, operations and cashier positions across all departments in stores as well as jobs at its distribution centers.

The hiring comes as Home Depot has been benefiting from shoppers' increasing shift to renovate their homes in a housing market that has been solid

Home Depot said in December that it expects its annual revenue to surpass $100 billion in 2018 and backed its earnings and revenue outlook for the latest fiscal year that ended last month. It also said that sales at stores opened at least a year, a key measure of a retailer's financial health, would rise 4.9 percent for the fiscal year that just ended.

Home Depot Inc. is expected to report its fiscal fourth-quarter and annual results on Feb. 23.

Its shares fell 47 cents to $124.80 in morning trading Wednesday and are up more than 16 percent over the past 12 months.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. KPTV-KPDX Broadcasting Corporation contributed to this report.

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