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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For my report I chose The Home Depot‚ Inc. (HD) on the NYSE. The Home Depot’s fiscal year ended February 3rd 2013. The information used in this report came from the company’s annual report. This company is clearly a retailer. It purchases home improvement goods from manufacturers and resells those goods to the consumer. I chose the Home Depot because I am very familiar with the home improvement industry having spent ten years working in the field. While I was working on homes professionally‚ I became
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Company Background: The Home Depot‚ Inc. (NYSE: HD) Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank. These founders envisioned providing one-stop shopping for the “do-it-yourselfer‚” and this vision became a reality after working with investment banker Ken Lagone and merchandising expert‚ Pat Farrah. The first two stores were opened on June 22‚ 1979‚ in Atlanta‚ GA. These first stores were approximately 60‚000 square feet in size each‚ and stocked 25‚000 products‚ which made
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Home Depot / Lowe ’s Financial Analysis 1 Running head: THE HOME LEADER -VS- IMPROVING HOME IMPROVEMENTS The Home Leader -vs- Improving Home Improvements James J. Elliott Capella University Douglas Smith‚ PhD Accounting and Finance in Organizations Home Depot / Lowe ’s Financial Analysis 2 Abstract An industry of competition‚ and tight margins The Home Depot‚ and Lowe ’s Company are still at it. Both of these companies stand now as the industry standard for the home improvement sector. The
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An Analysis of Home Depot and Lowe’s Learning Team A: FIN324 – Financial Analysis for Managers Table of Contents I. Introduction II. Company Selection – Overview of Home Depot and Lowe’s A. Company’s Product or Service B. When the Companies Started C. Financial Statements and Auditing Companies D. Company Industry and Ranking E. Stock Ticker Symbol III. Ratio Analysis and Statement of Cash Flow A. How The Companies Generate Their Cash Flow B. Significant Internal Events That Affected The Company’s
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Home Depot vs. Lowe’s Financial Analysis And Comparison AIM 6344 Group Members Cenk Tolunay Yan Wang Hong Ma Yuhong Zhang 1) Background 1.1 The Home Depot The Company was founded in 1978 in Atlanta‚ Georgia and has since become the world’s largest home improvement retailer‚ operating more than 1‚500 stores (Home Depot‚ EXPO‚ and other subsidiary companies) across North America. Home Depot caters to both do-it-yourselfers and professional customers who serve the home improvement construction
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October 18‚ 2011 HOME DEPOT V. LOWES An industry of competition‚ and tight margins The Home Depot and Lowes Company are still at the tip of their game. Both of these companies stand now as the industry standard for the home improvement sector. Both companies have extremely strong financial positions and a long future in the home improvement industry. Competition is good for the retailer‚ but even better for the customer. Each company has its strengths and limitations. The Home Leader –vs- Improving
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MGMT 485 - TEAM PROJECT ONE Home Improvement Vanessa Emerson‚ MJ Garren‚ Denise Jackson‚ Corey Pierce‚ & Eric Ponce GLOBAL AND GENERAL EXTERNAL ENVIRONMENT Social * A rising immigrant population in the U.S. is expected to increase the demand for new homes‚ benefiting building material suppliers ("Lowe’s Companies‚ Inc."). * Remodeling does not generate as much of an economic increase as the housing turnover normally does since homeowners spend half as much on remodels as they
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I. Overview Value Line Publishing is an investment survey firm wherein Carrie Galeotafiore presents a five-year financial forecast that shows Home Depot in a positive light. It also prepares to do the same with an analysis of Lowe’s. Home depot and Lowe’s are merchandising companies which operate in the same market including initiatives aimed at bettering customer service‚ attracting professional customers and creating a more favorable merchandise mix. II. Problems/Opportunities 1. Acquisition
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Team Project #1 Home Depot‚ Inc. in the New Millennium (HBS 9-101-117) Question 1. Assess Home Depot’s financial performance from 1986 to 1999. What explains the decline in performance in 2000? (See Question #1 Exhibit) The slowing economy in 2000 combined with Home Depot’s aggressive expansion efforts was the reason for Home Depot’s poor financial performance. Between June 1999 and May 2000‚ the FED had raised interest rates six times – or a total of 1.75 percentage points – in an effort
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