Founded in 1978, The Home Depot, Inc. is the world's largest home improvement specialty retailer with fiscal 2014 retail sales of $83.2 billion and earnings of $6.3 billion. The Home Depot has more than 2,200 retail stores in the United States (including Puerto Rico and the U.S. Virgin Islands and the territory of Guam), Canada and Mexico. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
Our Strategic Framework: The Three-Legged Stool
We use this three-legged stool as our strategic framework. Enormous changes have impacted retail and Home Depot over the last several years: changes in our customers' expectations, changes in our competitive framework, changes in our business model. Our three-legged stool sets out an enduring strategic construct.
Borrowing from Jim Collins, we try to address the three core questions that every business should answer:
- What are we passionate about? Customer service.
- What do we want to be best in the world? Product authority.
- And what drives our economic engine? Disciplined capital allocation, productivity and efficiency.
We tie these together through interconnected retail with the objective of strengthening our performance in each element of the framework.
ATLANTA, Aug. 27, 2015 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that Craig Menear, chairman, CEO and president, and Carol Tome, CFO and executive vice president – Corporate Services, will present at the Goldman Sachs 22nd Annual Global Retailing Conference in New York, NY. The presentation will begin at 8:05 a.m. ET on September 10, 2015.
The presentation will be webcast live over the internet at http://ir.homedepot.com. A link will ...
ATLANTA, Aug. 24, 2015 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced it has completed its $1.625 billion acquisition of Interline Brands, Inc., a leading national distributor and direct marketer of broad-line maintenance, repair and operations (MRO) products. The agreement to acquire Interline was previously announced on July 22, 2015.
"We're delighted to officially welcome Interline's associates and customers into The Home Depot family,...
ATLANTA, Aug. 20, 2015 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a second quarter cash dividend of 59 cents per share. The dividend is payable on September 17, 2015, to shareholders of record on the close of business on September 3, 2015. This is the 114th consecutive quarter the company has paid a cash dividend.
The Home Depot is the world's largest home improvement specialty retailer, with 2,270 ...
ATLANTA, Aug. 18, 2015 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $24.8 billion for the second quarter of fiscal 2015, a 4.3 percent increase from the second quarter of fiscal 2014. Comparable store sales for the second quarter of fiscal 2015 were positive 4.2 percent, and comp sales for U.S. stores were positive 5.7 percent.
Net earnings for the second quarter of fiscal 2015 were $2.2 billion, or $1.73 per dilut...
The press releases, financial reports, filings with the Securities and Exchange Commission, presentations and other information provided above may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act. These statements are based on currently available information as of the date of such statements and are subject to risks and uncertainties that may cause actual results to differ materially. The Company specifically disclaims any obligation to update these statements which speak only as of their respective dates, except as may be required under the federal securities laws. Information regarding these additional risks and uncertainties is contained in the Company's filings with the Securities and Exchange Commission, including the most recently filed Annual Report on Form 10-K.
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