Home Depot Essay 2014

FINANCIAL ANALYSIS REPORT 2Home Depot Financial AnalysisThe Home Depot company, (HD), was founded by Bernie Marcus and Arthur Blank in1978. The first two stores were opened in Atlanta, Georgia with the mission to provide customerswith products, services, and knowledge they need to create their dream home. The businessgrew from those two Atlanta stores into more than 2,200 stores in three countries and establisheditself as the world’s largest home improvement retailer. Home Depot averages about 90 billion insales a year with three fourths of those coming from retail [Hom16]. Home Depot’s recentacquisition of Interline Brands is one of the company’s largest in over a decade and it aims toexpand upon the pro division which caters to professional contractors and builders, not solely theaverage do it yourself homeowner. Financial Performance ResultsFinancial reports contain information on financial position, operation effectiveness, andfree cash flow. This information allows shareholders, managers and potential investors toevaluate the balance sheet, income statement and cash flow statement to determine financialstrength. Below is a table illustrating Home Depot vs. Lowe’s, it’s main competitor in revenue,net income, working capital, and total gains or losses for the past three years:Numbers in MillionsHome DepotLowe’sRevenue 201688,51959,074201583,17656,223201478,81253,417Net Income 20167,0092,54620156,3452,69820145,3852,286Working Capital 20164,4736920154,03350320144,5301,420Total Gains/Losses 20167,870-6120156,8007520146,239-150

Saluting
Military Spouses

Adaptable, talented, highly motivated, creative and reliable – these are just a few of the qualities associated with military spouses. We want to help military spouses reach their full potential and realize their career goals by making available meaningful and rewarding employment opportunities.

Our work with military spouses led to The Home Depot being named one of Military Spouse magazine’s “Top 50 Military-Friendly® Employers” for four consecutive years, starting in 2013.

At The Home Depot, our associates have a strong voice within the organization, too. One of our associate-run resource groups — Military Appreciation Group also known as MAG — is dedicated strictly to supporting active military associates, deployed reservists and their families. One of the biggest issues veterans face when returning home is making that successful transition back to the civilian world. MAG helps with that, and develops programs to ease.

2017 is the sixth consecutive year that The Home Depot has sponsored the Orange Honors Essay contest, powered by Victory Media. The entrants had to write a 750-1250 word essay and answer the question: “How would earning a college degree positively impact your life?”

This year, we’re proud to announce the sixth winner of the Orange Honors scholarship, Chanta Starkey, for the dedication and passion she has shown toward her education and pursuing her dreams. Congratulations, Chanta!

SEE THE WINNING ESSAY

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