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Financial Analysis Of Home Depot

INTRODUCTION

Home Depot is the largest home improvement retailer in the US. But in 1978, you would have had to travel all the way to the only store in Atlanta Georgia. In 1978, the corporation is founded by Bernie Marcus and Arthur Blank. The original partnership was called "MB Associates" and was officially incorporated June 29, 1978. The first regularly scheduled in-store how-to product training seminars began in 1980 with 4 stores and $22M in sales revenue. The next year the company goes public on the NASDAQ and doubles its sales revenue. In 1990 Home Depot rises to the top be surpassing Lowe's to become number one home improvement retailer.
The Home Depot stores sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. In addition to The Home Depot stores, the Company has a retail store format that sells products and services primarily for home decorating and remodeling projects called EXPO Design Center and two retail store formats focused on professional customers called Home Depot Supply and The Home Depot Landscape Supply. The Company has two Home Depot Floor Stores located in Texas and Florida that primarily sell flooring products. In addition to its retail stores, the Company's business also includes Home Depot Supply. Home Depot Supply distributes products and sells installation services primarily to professional business contractors, businesses and municipalities.
EXPO Design Center stores are designed to be a complete home decorating and remodeling resource for middle- to upper- income D-I-F-M customers by offering interior design products for kitchens, baths, appliances and flooring, as well as products for lighting, decorating and storage and organization projects, beyond those available in The Home Depot stores. Home Depot Direct offers customers expanded merchandise selection and extra time convenience through website and catalog shopping, with direct product delivery to...