Sector: Consumer Discretionary|Industry: Home Improvement Retail|Market Cap: $425.08B|Employees: 463.1K
Home Depot is the world's largest home improvement retailer, generating revenue primarily through sales of building materials, home improvement products, and lawn and garden products, as well as through various services such as installation and equipment rentals. The company maintains a strong market position due to its extensive network of stores and online presence, along with its low-cost provider status and strong brand recognition. Its stores are located throughout the U.S., Canada, and Mexico.
This marginal growth was driven by the SRS acquisition and new store openings, offset by a negative comparable sales environment primarily due to decreases in customer transactions and average ticket.
This decrease was primarily driven by lower net earnings during the second quarter of fiscal 2024, partially offset by lower diluted shares.
This increase reflects lower transportation costs and lower shrink within the Primary segment, partially offset by the inclusion of SRS gross profit margin in the consolidated results.