Financial Analysis of Home Depot For Fiscal Year Ending February 3‚ 2008 Presented by: Team FAB 5 Financial Analysis of Home Depot Introduction Founded in 1978 by Arthur Banks and Bernie Marcus‚ who were both fired from a local hardware store after a disagreement with their supervisor (http://founderbios.com/bernie-marcus.php)‚ Home Depot opened its first store in Atlanta‚ Georgia on June 22‚ 1979 (www.corporate.homedepot.com)
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Strengths Home Depot has many competitive strengths that make them a very difficult company to compete against. Home Depot’s strengths include: • Business model • Well known brand name • Extensive product offerings • Ability to grow Home Depot’s business model‚ the first of its kind in the home improvement industry has revolutionized the way customers shop for home improvement products. Their business model is simple. Sell home improvement products and services to DIY‚ BIY‚ and professional
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Competitor Analysis Home Depot competitors are primarily in the home improvement and hardware retail industry‚ but also compete in the building materials retail and distribution‚ consumer electronics and appliances retail‚ and convenience stores and truck stops sectors. Some of Home Depot’s main competitors include: Lowe’s‚ True Value‚ and Ace Hardware. Now‚ these competitors are the main competition of Home Depot and all three stores carry about 75% if not more of what Home Depot sells. Keep
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Home Depot Environmental Analysis Home Depot Environmental Analysis An organizations external environment consists of three interrelated sets of factors that play a principal role in determining the opportunities‚ threats‚ and constraints that the company will face. The first factor is the remote environment that comprises of factors originating beyond any organizations operating situation such as economic and technological factors. The second factor is industry environment. This more directly
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sure that the entire company is on the same page in terms of having clear company direction as well as complying with that direction the company is going in and spells out what the consequences are for not complying with said direction. As for Home Depot it seems that the company message has become diluted as it trickles down the leadership ladder into the stores. When I asked the in store associate development department supervisor which is the in store human resources person that does all the
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from a large consumer group of new homeowners. As a result‚ a company such as The Home Depot was able to capitalize from the success of the construction and home improvement markets. Unfortunately‚ the downturn in the economy is truly affecting Home Depot ’s revenue. However‚ evaluating market conditions and market trends will help provide the company with the needed data to help predict the future market of Home Depot and suggestions to consider in order to overcome the economic challenges of the
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The home improvement retail industry is highly cyclical. Therefore‚ our sales highly influenced by economic factors. Figure1 (in appendix) has shown the real gross
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Daniella Manghisi Paper #2- King Solomon’s Mines The portrayal of science vs. witchcraft and superstition as seen in King Solomon’s Mines is that Science is demonstrated to be superior to superstition in the book. However‚ just like many ancient legends and fairy tales‚ the “feminine” can be used for both good and evil. Gagool is obviously the evil side of femininity. The white men overcome the terror of Gagool and impress the Kukuana people through science in various instances. When the Kukuana
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Home Depot in Chile: Case study * Constanza Bianchi<img alt="Corresponding author contact information" src="http://origin-cdn.els-cdn.com/sd/entities/REcor.gif">‚ <img src="http://origin-cdn.els-cdn.com/sd/entities/REemail.gif" alt="E-mail the corresponding author"> * Escuela de Negocios‚ Universidad Adolfo Ibáñez‚ Presidente Errazuriz‚ 3485‚ Las Condes‚ Santiago‚ Chile * http://dx.doi.org/10.1016/j.jbusres.2005.09.013‚ How to Cite or Link Using DOI * Permissions
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SWOT analysis Strength: 1. Being the industry leader ‚ it has enough capital and resources to spread its business 2. Improving the core stores by diversifying services‚ new channels and move upstream and to international markets. 3. Developing a wholesale builder 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
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