Home Depot – 2010 Financial Report For fiscal year ended January 30‚ 2011 ("fiscal 2010")‚ Home Depot reported Net Earnings of $3.3 billion and Diluted Earnings per Share of $2.01 compared to Net Earnings of $2.7 billion and Diluted Earnings per Share of $1.57 for fiscal year ended January 31‚ 2010 ("fiscal 2009"). The results for fiscal 2010 included a $51 million pretax charge related to the extension of our guarantee of a senior secured loan of HD Supply‚ Inc. (the "HD Supply Guarantee Extension")
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MKTG 1010 Targeting The College Age Apparel Market When it comes to vying for the hearts‚ minds and money of America’s teens and twenty-somethings‚ there are a few strategies that can be used that are tried and true. As we look at the two retailers‚ Abercrombie & Fitch and American Eagle‚ it’s clear that they go after the same target market while maintaining a much different approach from each other. When a customer walks towards an Abercrombie and Fitch store (or their teen marketed brand
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leaders‚ Home Depot and Lowe’s. In an effort to increase their top and bottom-lines‚ Home Depot and Lowe’s have implemented strategies like improving customer service‚ attracting professional customers‚ and introducing a more favorable merchandise mix. Combined sales from the two companies accounted for more than a third of the industry’s sales. In the mean time‚ smaller hardware stores struggled to remain in the game. Galeotafiore reports shows confidence in the methods Home Depot deployed
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Home Depot fix or not Lady? Alan E. Paschal MGMT 302A November 27‚ 2013 Laryssa Ziolkowski Home Depot fix or not Lady? Home Depot is a home improvement retailer that is trying to stay with the other rival home improvement stores like Lowes. Home Depot was founded in 1979 in Atlanta‚ Georgia the first home depot was around 60‚000square feet with about 25‚000 sku’s. The biggest problem was they were still using the same technology in 2010 that they had in 1990’s (Home Depot‚ 2012). They need
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money is spent on repairs and changes to homes‚ it will make sense why I choose to look at the Home Depot to really understand my community. Walking around the store and talking to employees about their experiences I found out Home Depot is not a good representation of the surrounding area but its own little biotope. It seems to have to have a higher amount of special crowd that is attracted to the store‚ its own idioms and offer its own incentives. Home Depot is usually thought of as macho‚ and a man’s
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Home Depot EMG 3327 11/13/2013 Introduction The reason for selecting this topic is because I worked in a warehouse‚ so most of the work is similar to Home Depot we handle thousands of items on a daily basis like electrical parts‚ hardware‚ paint‚ janitorial supplies‚ and plumbing. The only difference is that we are funded for the government and provide our service to assisted families at or below 80 percent of area median income. History The Home Depot was founded in 1978 by Bernie Marcus
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HOME DEPOT‚ INC. in the New Millennium Tom Thomson‚ Suzanne Ma‚ Todd Humphrey‚ Owen Clements June 28‚ 2006 Agenda Background/History Current situation Accounting and Finances Growth Initiatives Financial Analysis Forecast HOME DEPOT Inc. Founded In 1978 in Atlanta‚ Georgia Largest Retailer of home improvement products Stores were warehouses and sold large volumes of goods at low prices Offered ‘how-to-clinics’ and knowledgeable customer service representatives Between
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supply business and home service business 4. Cutting labor costs by doubling the number of part-time workers Weakness: 1. The large number of part-time workers can decrease the quality of products. Workers won’t work so hard. 2. Selling wholesale distribution channels makes it loss the wholesale customers. 3. The customer satisfaction decreased‚ because the store is not that modern 4. The huge debt ratio from 10% to 47% Opportunity: 1. Acquiring the Chinese home-improvement retailer
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Home Depot Questions for Case Discussion 1. Look at page 16 of the case (Selected Financial Data). Note that fiscal 1985 ends on February 2‚ 1986 (there is a typo on this page; the far left numbers column should be February 2‚ 1986 instead of February 2‚ 1985). Evaluate Home Depot ’s performance in the following areas: • Growth in Sales • Growth in Total Assets • Change in Net Income • Growth in Long-term Debt 2. Look at page 17 of the case (Management Discussion). Compare 1985 to 1983
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addressed the problems that were easy to point out and also the ones that weren’t apparent to other employees. Nardelli needed to rebuild an organization that could easily compete with other big names‚ and this was relatively easy because the people at Home Depot knew the importance of taking advantage of its growing size. Nardelli did this by implementing a three strategy plan that involved enhancing the core‚ extending the business‚ and expanding the market. Nardelli’s first step in the process was
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