Frontdoor news

Frontdoor, Inc. is a technology-enabled home services company that provides a range of services to homeowners, including home maintenance, repair, and improvement. Here are some recent news articles and updates about Frontdoor:

Recent News Articles:

  1. Frontdoor Reports Strong Q4 and Full-Year 2022 Results (February 2023) - Frontdoor reported a 24% increase in revenue for the full year 2022, driven by growth in its core services and the acquisition of HomeServe USA.
  2. Frontdoor Acquires HomeServe USA (January 2023) - Frontdoor announced the acquisition of HomeServe USA, a leading provider of home repair and maintenance services, for $420 million.
  3. Frontdoor Partners with HomeAdvisor to Expand Services (December 2022) - Frontdoor partnered with HomeAdvisor, a leading online marketplace for home services, to expand its offerings and reach more homeowners.

Company Updates:

  1. Frontdoor Launches New Brand Identity (November 2022) - Frontdoor unveiled a new brand identity, including a refreshed logo and website, to reflect its growth and expansion into new markets.
  2. Frontdoor Expands Services to Include Home Security (October 2022) - Frontdoor announced the launch of its home security services, offering homeowners a comprehensive suite of home protection solutions.
  3. Frontdoor Appoints New Chief Financial Officer (September 2022) - Frontdoor appointed a new Chief Financial Officer, Mark C. Fleming, to lead the company's financial strategy and operations.

Industry Insights:

  1. The Home Services Market is Expected to Grow (2022) - According to a report by ResearchAndMarkets.com, the global home services market is expected to grow at a CAGR of 5.5% from 2022 to 2027, driven by increasing demand for home maintenance and repair services.
  2. The Rise of Technology in Home Services (2022) - A report by Grand View Research found that the use of technology in home services is increasing, with 75% of homeowners using online platforms to find and book home services.

These are just a few examples of recent news articles and updates about Frontdoor. If you're interested in learning more, I can provide you with additional information or help you find specific articles or reports.