Home Depot

Atlanta-based home-improvement retailer

Overview

The Home Depot sells building materials, home-improvement, lawn and garden and décor products, as well as installation services and tool and equipment rental, through segments in the United States, Canada and Mexico.[2] Forbes records it was founded on 29 June 1978 by Bernard Marcus, Arthur M. Blank, Kenneth Langone and Pat Farrah and is headquartered in Atlanta.[2] Sales were US$164.7bn, up 3.2%, and profit US$14.2bn, an 8.6% margin that is among the highest of the large store-based retailers here.[2] Home Depot is the largest home-improvement retailer in the ranking, about twice the size of Lowe’s, ranked twelfth. Forbes counts 472,400 employees and a market value of US$296.3bn.[2]

Home Depot strengths and limitations

Strengths

  • Largest home-improvement retailer
  • Profit margin of 8.6%
  • Fifth-largest sales

Limitations

  • Sales growth of 3.2%
  • Dependent on housing activity
  • Operations limited to North America

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