This blog is about financial analysis of Home Depot. Home Depot is an American retailer of home improvement and construction products and services.
Wednesday, December 18, 2013
Home Depot Company Description
Home Depot, founded in 1978, is one of the world’s largest home
improvement retailers. The company has a cyclical nature as it performs
well during economic recoveries and vice versa. It operates in four
major segments which are: Plumbing, electrical and kitchen, Hardware and
seasonal, Building materials, lumber and millwork, and Paint and
flooring. Plumbing, electrical and kitchen contributed 31% to total
revenues, which was the highest among all segments. The company serves
three types of customers: Do-it-yourself (DIY), Do-it-for-me (DIFM) and
Professional customers. Home Depot generates 89% of its revenues from US
as 88% of its total numbers of stores are located there. Read More: HD
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