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Home Depot -vs- Lowes

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Home Depot -vs- Lowes
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 numbers that will be presented in this study show proof that 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 decision on which retailer is the better one must be decided by the individual analyzing of each company. The Home Leader -vs- Improving Home Improvements.
Home Depot / Lowe 's Financial Analysis 3
Table of Contents
The Home Depot Company............................................................................................................4
Introduction.............................................................................................................................................4
Business Description / Strategic Analysis................................................................................................5
Strategy, Products and Market Overview.................................................................................................5
Financial Statements Analysis..................................................................................................................7
The Lowe 's Company.....................................................................................................................8


References: Davis, L. (1992). Technical Mathematics. Columbous, Ohio: Merrill Publishing. Galliers, R., & Leidner, D. (Eds.). (1994). Strategic Information Management (3rd). Burlington, MA: Elsevire Butterworth-Heinemann. Lowe 's (2004).Lowe 's 2004 Annual Review. North Wilkesboro, North Carolina: Custom Publication. Norman, A. (2004, Jan). A Citizen 's View of Home Depot. Retrieved Feb 12, 2005, from http://www.sprawl-busters.com/hometown.htm Our Heritage Reimers, Jane L. (2003). Financial Accounting A Business Process Application. Upper Saddle River, New Jersey, Prentice Hall. Securities and Exchange Commission. (2000). Retrieved Feb 19, 2005, from http://sec.gov The Home Depot Company (2004) Home Depot to Implement Cornerstone 's Java Technology-based Point-of-Sale Software. (1999, Jan). Retrieved Feb 19, 2005, from http://www.360commerce.com/article.php?article=342&section=1&tid=77 Home Depot / Lowe 's Financial Analysis 17 The Home Depot Report Record First Quarter 2004 Earnings. (2004, Mar 18). Retrieved Feb 19, 2005, from http://ir.homedepot.com/ReleaseDetail.cfm?ReleaseID=135414&ShSect=E Home Depot / Lowe 's Financial Analysis 18
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