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Compare And Contrast Home Depot Vs Lowe's

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Home Depot and Lowe’s have been long time rivals, with both being home improvement retail chains that have stood out in recent years for their successful employments of growth strategies. Both stores have launched a wide range of initiatives such as mobile apps, click-and-collect options, and tools that help digital shoppers find products in their stores (Camhi, 2017). Camhi explained that these initiatives have turned both businesses’ brick-and-mortars into key components of their e-commerce fulfillment operations, which helps to keep delivery costs low (Camhi, 2017).
Home Depots is leading in sales with more sales than Lowe’s in the start of 2018. Joe Feldman explains in a live Video that Home Depot’s customer service is better than Lowe’s,
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Business Description: Lowe’s companies, Inc. established 72 years ago at the year of 1921, Its a home improvement retailer, functions through the United States for building materials and supplies. Headquartered in North Wilkesboro, North Carolina, serves more than 17 million customers a week from all stores. Currently, Lowe’s operates in 1,820 stores within the United States and 310 stores internationally in Canada and Mexico. Lowe’s is known as the second largest US home appliances retailer after Sears.

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After making several calculations on both Kohl’s and JCPenny’s finical statements it is clear that Kohl’s is in a better financial position. Starting with over an 8-point gap between Kohl’s 3.50 net profit margin, to JCPenny’s -4.06 net profit margin. This proves that Kohl’s is more profitable making 3.50 dollars of income for every item sold, on average. Kohl’s is the better company to invest in but JCPenney is slowly pulling themselves out of a financial crisis. According to Investopedia, “Kohls is opening a new outlet store it calls Off-Aisles… if this concept works, which it likely will, considering consumer conditions, look for Kohl’s to ramp it up, big time.

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Lowe’s has two different design layouts for their stores. One of their layouts that cater more to the larger metropolitan markets while the other layout is smaller an intended more remote location areas. The sizing of the store depends on which area and group that they are trying to reach. Stores that are owned by Home Depot stock product quantity amounts from 35,000 to 45,000 in a year for their stores (encyclopedia.com, 2017.)These products include power tools, painting materials, plumbing materials, electrical materials, appliances, gardening materials, landscaping items, and more. On the contrary, Lowes has a large number additional products in their store that include home décor items, home repair materials, home maintenance, and more that can be specially ordered (encyclopedia.com,

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However with few exceptions, The Home Depot outperforms Lowe’s considerably. Lowe’s did outperform The Home Depot in revenue growth this most recent quarter, but this is just a snapshot when in reality both The Home Depot and Lowe’s have been experiencing very similar growth for years. Next is Earnings/Share, The Home Depot is earns over two times more than Lowe’s for one dollar of share price. Key differences can be found in profit margins, debt vs equity, and return on equity. The Home Depot has a considerably higher profit margin when compared to the margin of Lowe’s, and is much better at turning invested capital into equity.

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Lowe’s Companies, Inc. – Fortune 500 Writing Assignment Lowe’s Companies, Inc., is a vendor that offers environmentally responsible home development merchandise, packaging, and do-it yourself informational services at everyday low prices. Lowe’s was founded in 1946 and the first store, now the corporate office, was based in Mooresville, N.C. Currently this company attends to above 17 million patrons a week in Canada, Mexico and the United States. Today Lowe’s is one of the top U.S. operating companies and is ranked number 40 on this year’s Fortune 500 list.

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I think the Home Depot is a stronger than Lowe’s, because the Home Depot is number one-largest hardware chain and Lowe’s is second-largest hardware chain in U.S. and Globally. They both have about the same number of store, but The Home depot is more profitable than Lowe’s. If you compare a Home depot revenue, operating income and free cash flow Lowe’s only generates about half of a what home depot is generating. That’s because Home depot leans more toward the professional contractor – who buy higher value items and Lowe’s leans more toward the homeowner. The Home Deport current Ratio is 1.32 and Lowe’s 1.0 that means that Home Depot has 1.32 to cover there $1.00 liabilities, and Lowe’s has 1.0 cover $1.00 liabilities.

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Lowes Companies, Inc. The Home Depot, Inc. Menard, Inc. Open more stores Open more stores Slowly controlled growth Target women Target DIY Target DIY, customer centric Centralized distribution Increase regional distribution centers Hub-and-spoke distribution system Better store appeal Improve supply chain and merchandizing tools.

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Annual Reports and Press releases The annual reports and press releases of both companies slightly differ though with a portion of similarity. Although, Home Depot’s annual report is composed at the headquarters of giving an inclusive report on all of the retail stores in the world, through the company’s website these reports posted can be found. Therefore, this being impartial and all-inclusive to an extent of analysis it would have to be done on the contrasts, similarities, profitability, and performance of different retail stores in different regions or countries. However, the shareholders and customers analyze the summary provided to know the general performance.

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When I wish to do home improvement or purchase home materials, I think of Lowes or Home Depot. I also think about Sherwin Williams, Builder’s Supply, and Ace Hardware. While I was looking for further information on Lowes, I discovered that Lowes has done a great job and is number two in the home improvement industry. To be truthful, my class project for my Financial Statement Analysis was on Home Depot and Lowes. I got a good idea about where Lowes was financially, but I thought I’d like to know more about their business side as well.

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While choosing a saw to purchase, products are presented with their shipping information and availability in the nearest store. Therefore, customers might reconsider in buying certain items. Both companies have an adequate amount of information within each product. However, Home Depot’s design is not presented as efficiently as Lowe’s. The checkout page is not divided to steps.

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As we begin I feel that we need to look at the History of one of the top two home improvement stores in the world. Like so many companies that have grown to be known around the world lowes is not much different. The story of a sleeping giant began in the small town of North Wilkesboro, North Caroline back in 1921 under the name of Lowe’s North Wilkesboro Hardware L.S Lowe run the store until his death at which time the store was taken over by his son James Lowe and his brother in-law Carl Buchan their owner ship would be put on hold due to World War II with both of them serving in the Army it was during this time that the Mother and sister run the Store. Buchan was wounded and discharged from the Army due to his injuries in 1943 and returned

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1.0 Company Description H-E-B began its first store in 1905, settled in Kerrville the focal area Texas Slope Nation. H-E-B story is exceptionally intriguing, so early dissatisfactions and endeavouring yet again. (Judith & Ryan, 2015). Continuously, the association began to flourish as it ventured into the Rio Grande Valley, South Texas, and the Texas coast. H-E-B has reliably placed stock in the estimation of steady work and the essentialness of managing people (Smith, 2013).H-E-B has always thought aggressively.

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Home Depot has seen significant growth at a time when most retail stores are struggling. Home Depot’s strategy has been too full integrate, which has been key to their growth. With the option to buy online and pick up at the store, Home Depot has been able to drive customers both to their website and to their store. Since the change in the economy, Home Depot is in a position to meet the customer needs. Home Depot is also working with their suppliers to bring new and exclusive products to their stores.

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Therefore, we have positioned and balanced our tenants in such a way that it’s hard for online firms to replace them. For instance, we have a shopping center that has Starbucks and restaurant that are surrounding the bigger retailers such as Ross and Office Max. Therefore, we draw customers to our shopping centers where all their needs can be met which is an advantage we have over online

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They are the prominent general retail stores with a physical presence. Both of these retailers have emerged as e-commerce centric due to the early adoption of e-commerce strategies. However, even those retail chains proved to be of no use to generate a tight competition with Amazon. In the long run, the growth of the e-commerce versions of these supply chains can pose a threat to Amazon. (Wahba, Phil) Advantages for an Amazon Customer Amazon adds value for money for the customer.

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