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The Home Depot Announces 2020 Innovation Award Winners

Breakthroughs in cooking take top two spots

ATLANTA, Oct. 7, 2020 /PRNewswire/ — The Home Depot® today recognized the latest product innovations to hit shelves, in store and online, with the announcement of its 2020 Innovation Award winners. Supporting its DIY and Pro customers, the retailer, its merchants, and suppliers have continued to bring state-of-the-art products to the market throughout 2020.   


The Home Depot announces 2020 Innovation Award Winners

This year, The Home Depot’s overall Innovation Award winner and first runner up define innovation in cooking platforms. From frying to grilling and smoking, the top two products elevate the at-home cooking experience. In addition to appliances and grills, finalists cover categories from across the home including lighting, home security, flooring and more.

Top winners include:  

Overall Winner: The Frigidaire Air Fry Range by Electrolux saves time and space with its all-in-one stove, oven and new Air Fry Range cooking capabilities. The large-scale cooking capacity features no-flip technology that allows food to crisp evenly on all sides.

First Runner Up: The Masterbuilt Gravity-Fed Grill/Smoker enables quick-start cooking by reaching peak temperatures of 700°F faster than ever – in just 13 minutes. The innovative gravity technology holds over 12 hours of charcoal, ensuring constant fuel. Smart control technology allows for hands-off smoking, grilling, searing, baking, or roasting.

Second Runner Up: The Lutron Sunnata Touch Dimmer with LED+ Technology installs within 15 minutes with existing wiring, offering custom light control using the same captive-touch technology applied in modern touch screens to enable fast, accurate and responsive action.

“As the product authority in home improvement, we are honored to recognize our supplier partners who bring the most innovative and exclusive products to the market that deliver the best value to our customers,” said Ted Decker, president and chief operating officer for The Home Depot. “Today, we acknowledge our

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SECAF Announces 12th Annual Government Contractor Award Winners

GovCon Community Comes Together Virtually to Mark Excellence and Celebrate Success

The Small and Emerging Contractors Advisory Forum (SECAF) is pleased to announce the winners of the 12th Annual Government Contractor Awards. Last night hundreds of people representing government contracting firms and leading industry professionals gathered virtually as the 2020 winners were named. More than 40 regional business leaders chose this year’s finalists from an exemplary group of applicants. Award winners were then selected by a distinguished group of judges, including Shiv Krishnan (CEO, KOOLROX and Founder of INDUS Corp), Kevin Robbins (Co-Founder of Blue Delta Capital Partners and Co-Founder of Wolf Den Associates), Peter Schulte (Principal, CM Equity), and Eric Wolking (Operating Partners, Bluestone Investment Partners). The Event Chairs were Scott Brezler (Managing Partner – Government Contracting Industry Group, DHG), Cameron Hamilton (Managing Director, FON Corporate Finance), and Adam Nalls (Senior Vice President, Atlantic Union Bank).

The Government Contractor of the Year awards recognize companies in four revenue categories (Under $7.5M, $7.5-15M, $15-27.5M, and $27.5-50M) that have shown a compelling and profound commitment to excellence in growth and financial performance. The Award of Excellence highlights an organization that represents excellence within their community, the government contracting industry, and towards employees. The Government Project of the Year is given to a company that has delivered a stellar program with significant value to the federal government. The Mentor-Protégé Program of the Year honors companies that have shown a compelling and profound commitment to excellence through its efforts as a prime contractor.

The Special Recognition Award is presented to a small business that – in the judges’ view – exemplifies many of the core qualities of the other SECAF awards and has a strong focus on providing class-leading services and solutions. The Government Advocate of the Year commends an organization or

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Wolfe Research singles out Five Below, At Home and Floor & Decor as retail winners (NASDAQ:FIVE)

Wolfe Research launches coverage on Five Below (FIVE +2.9%), Floor & Decor Holdings (FND +2.5%) and At Home Group (HOME +3.2%) with Outperform ratings.

The firms assigns a price target of $150 on FIVE vs. the average Wall Street PT of $136.50. “In our view, FIVE operates one of the most unique traffic-driven models across all of retail with industry leading new unit economics and an agile merchant team helping to deliver consistent positive comp sales growth through an “on trend” product assortment. We see a clear path towards sustained double-digit new store expansion over the next several years.”

The firms assigns a price target of $84 on FND vs. the average Wall Street PT of $76.16. ” FND continues to benefit from a solid housing backdrop and the potential for sustained momentum in the home improvement sector, specifically a structural shift towards hard surface flooring. As one of the rare new unit growth opportunities across retail, FND should further unlock the benefits of scale in coming years to drive operating margins towards a low double-digit rate.”

The firms assigns a price target of $18 on HOME vs. the average Wall Street PT of $20.29. “Q2 results and trends early into Q3 appear as an inflection point in the trajectory of the HOME business model. We view the pullback in shares post Q2 results as an attractive entry point with a risk-reward tilted favorably from here.”

Compare the three retail stocks side by side.

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