The Home Depot, Inc. is the world's largest home improvement retailer, offering a wide assortment of building materials, home improvement products, lawn and garden products, décor products, and facilities maintenance, repair, and operations products, as well as services like home improvement installation and tool/equipment rental. Operating 2,335 stores across the U.S., Canada, and Mexico, with an average store size of 104,000 square feet plus 24,000 square feet of outside garden area, they maintain a strong digital presence with e-commerce websites. The company focuses on providing a seamless interconnected shopping experience, blending digital and physical channels, while maintaining a competitive pricing strategy and leveraging its product authority in the home improvement market.

• Employees: 463,100 (as of January 28, 2024)
• Geographic Footprint: 3 countries (U.S., Canada, Mexico)
• Headquarters: Atlanta, Georgia
• Founded: 1978
• Number of locations/facilities: 2,335 stores, plus distribution and fulfillment centers
• Revenue: $152.7 billion (FY2023)
• Market Cap: $331.5 billion (as of July 28, 2023)
• Key Subsidiaries/Brands: HD Supply, HDX, Husky, Hampton Bay, Home Decorators Collection, Glacier Bay, Vigoro, Everbilt, Lifeproof

• CEO and Chairman: Edward P. Decker
• CFO: Richard V. McPhail
• Executive Vice President - Merchandising: William D. Bastek
• Senior Executive Vice President: Ann-Marie Campbell
• Executive Vice President - Customer Experience: Matthew A. Carey
• Executive Vice President – Supply Chain & Product Development: John Deaton
• Executive Vice President – Human Resources: Timothy A. Hourigan
• Executive Vice President, General Counsel and Corporate Secretary: Teresa Wynn Roseborough
• Executive Vice President and Chief Information Officer: Fahim Siddiqui
• Executive Vice President – U.S. Stores and Operations: Hector Padilla

• Annual Revenue: $152.7 billion (FY2023)
• Net Income: $15.1 billion (FY2023)
• Market Cap: $331.5 billion (as of July 28, 2023)
• Total Assets: $76.5 billion (FY2023)
• Number of Employees: 463,100 (as of January 28, 2024)
• Key Financial Highlights (FY2023): Net sales decreased 3.0%; comparable sales decreased 3.2% (2.9% decrease in transactions, 0.3% decrease in average ticket); diluted EPS decreased 9.5%

The Home Depot offers a wide range of products and services, including:

• Building Materials: Lumber, drywall, cement, etc.
• Home Improvement Products: Appliances, flooring, paint, plumbing, electrical, etc.
• Lawn and Garden Products: Plants, fertilizers, tools, etc.
• Décor Products: Furniture, textiles, etc.
• Facilities Maintenance, Repair, and Operations (MRO) Products: Supplies for maintenance and repair of facilities.
• Services: Home improvement installation services and tool and equipment rental.

The company also offers a broader product assortment online and through its mobile applications.

The Home Depot operates as one reportable segment, encompassing its U.S., Canada, and Mexico retail operations.

The Home Depot's strategy focuses on three core goals:

• Delivering the best customer experience in home improvement.
• Maintaining its position as the low-cost provider.
• Being the most efficient investor of capital in home improvement.

Key initiatives include investing in interconnected retail capabilities, expanding its supply chain network, and optimizing store operations for improved customer experience and associate productivity. The company also prioritizes enhancing its digital experience, particularly on mobile devices, to provide customers with more information, product options, and fulfillment choices. The Home Depot is committed to returning capital to shareholders through dividends and share repurchases.

The Home Depot operates in the highly competitive and fragmented home improvement retail industry. Competitors include other large home improvement chains, local hardware stores, online retailers, specialty stores (e.g., paint, flooring), and MRO distributors. Competition is based on factors such as customer experience, price, product assortment, and delivery options.

• Intense Competition: The home improvement retail market is highly competitive, with various players vying for market share, potentially impacting prices and margins.
• Shifting Consumer Preferences: Failure to adapt to evolving consumer needs and expectations could negatively affect demand and market share.
• Supply Chain Disruptions: The company's operations are vulnerable to supply chain disruptions, including those caused by global events, natural disasters, or labor shortages.
• Data Security and Privacy: A data breach or cybersecurity incident could lead to significant costs, reputational damage, and legal liabilities.
• Economic Downturn: The company's performance is sensitive to economic conditions, and a downturn in the housing market could negatively impact sales.