The Home Depot "You Can Do It. We Can Help." History of The Home Depot As you can see the stock that we charted for this project was the Home Depot’s stock. The Home Depot was founded by two men Bernie Marcus and Arthur Blank. Their original partnership was called MB associates and they officially incorporated on June 29‚ 1978. They did change their company name obviously to The Home Depot. They opened their first store on June 22‚ 1979 in Atlanta Georgia. They have been growing ever since then
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HOME DEPOT INC. (Note: all $ amounts are stated in millions) PART 1 a) There are 3 years covered in the following primary comparative financial statements‚ namely fiscal years ended 1 February 2004‚ 2 February 2003 and 3 February 2002: • Consolidated Statement of Earnings • Statement of Stockholders Equity and Comprehensive Income • Consolidated Statements of Cash Flows There are 2 years covered in the Consolidated Balance Sheet‚ namely fiscal years ended 1 February 2004 and 2
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The Home Depot Incorporated (HD) Q: What does The Home Depot Inc. do? A: The Home Depot‚ Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials‚ home improvement products‚ and lawn and garden products‚ as well as provide installation‚ home maintenance‚ and professional service programs to do-it-yourself‚ do-it-for-me‚ and professional customers. The company offers installation programs that include flooring‚ cabinets‚ countertops‚ water
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“The Home Depot is in the home improvement business and our goal is to provide the highest level of service‚ the broadest selection of products and the most competitive prices. We are a values-driven company.” The above sentence is the mission statement of The Home Depot. The mission statement itself reveals what kind of standard The Home Depot is looking for. The Home Depot Incorporation was established on 22nd June‚ 1978 by Bernie Marcus and Arthur Blank. Home Depot is the world’s biggest home improvement
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Evaluation of credit rating Memorandum: Credit Rating assignment: Home Depot‚ Inc. After analysing the financial statements of Home Depot‚ we have allocated a “C” rating of credit risk. The proposal is to start with the “C” rating and then to either upgrade to a “B” rating or to be down graded to a “D” rating. The reason for such a decision is discussed below. Home Depot has a current ratio of 1.19 to 1 which means that it’s current assets covers it’s current liabilities by 1.19 times.
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Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank in Atlanta‚ Georgia. With their store‚ Marcus and Blank revolutionized the do-it-yourself home improvement market in the United States. Home Depot began as a very basic store‚ operated in a large‚ no-frills warehouse. Home Depot carries over 35‚000 products‚ with national brand names along with the Home Depot brand. At the start‚ Home Depot was able to offer exceptional customer service with knowledgeable employees who could guide
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|Renovating Home Depot | |By Brian Grow‚ with Diane Brady in New York and Michael Arndt | | | |Adapted from Business Week‚ March 2006
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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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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 / 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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