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Home Depot Business Analysis

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Home Depot was founded in 1978. The cofounders are Arthur Blank, Bernard Marcus, Kenneth Langone, Pat Farrah and Ron Brill (Farfan, 2017). The corporate head quarter is in Atlanta, Ga (Farfan, 2017). “The first Home Depot store opened, it was the largest home improvement specialty store, with about 25,000 different home improvement products available in each store” (Farfan, 2017). Today, an average Home Depot store will have up to 40,000 different products, and Home Depot customers have the ability to special order 250,000 additional products not stocked in the brick-and-mortar Home Depot stores (Farfan, 2017). The average size of a Home Depot retail store is 105,000 square feet (Farfan, 2017). The largest Home Depot store is 225,000 square
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Well for starters it's an honor to work at one of the top fast food restaurants in the industry. With people who I enjoy working with and mangers who appreciate you and everything that you do. I enjoy working at Chick-Fil A and how much respect you gain for yourself and the store people look up to CFA customers and that's pleasure being told that. I enjoy working everyday and with my team. We get the pleasure of serving customers who enjoy us as a team and our food.

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Financial Analysis The Home Depot has consistently produced excellent financial numbers, especially over the past few years. These results solidify them as the leader in the industry. Strong financials and pure size of the company are two contributing factors to success. As importantly, statistical analysis show The Home Depot to be an extremely well managed corporation. Total sales from Q3 2016 totaled $22.15 billion, an increase of 6.1% from the year prior.

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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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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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Throughout the past few decades, we have seen head-to-head competition between the two iconic American outdoor retailers, Bass Pro Shops and Cabela’s. Recently as of October 3rd, 2016, Bass Pro Shops made a decision that could change the competition in the entire outdoor market. Arriving to a definitive agreement, “Bass Pro Shops will acquire Cabela’s for $65.50 per share in cash, representing an aggregate transaction value of approximately $5.5 billion” (Crowe). They are being backed by one of the leading private equity investors in the world, Merchant Banking Division of Goldman Sachs and Pamplona. Business Insider states, “Goldman Sachs has committed $1.8 billion and Pamplona has committed $600 million for a total preferred financing commitment of $2.4 billion” (Crowe).

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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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Companies all over the globe will experience some sales and profit decrease. Home Depot in the growing housing industry benefited greatly from the houses being built. The accounting concept portrayed in this situation for home depot is called operating leverage. Operation leverage is when managers view a small change in revenue and magnify it to dramatic changes in revenue (Edmonds, Tsay, & Olds, 2011). With a decrease in the market for construction materials, Home Depot is experiencing a 3% decrease revenue and a 21% decrease in profitability.

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M2 In this assignment I will be analysing the marketing opportunities and challenges faced by Tesco when using Internet marketing. Individualised communication/Building Relationship Tesco use direct marketing for example emails to build and maintain a good relationships with their existing customers or new customers. The emails are to update their customers on new products or services that Tesco are offering. They, offer deals and promotions to existing customers to increase repeat purchases.

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Home Depot is a multi-million dollar industry, with over 2,000 stores around the world. They supply contractors with tools and products to build a house or supply Do-It-Yourselfers with home and business improvements. But with all the good Home Depot has done, they have their faults too. Home Depot has faced job cuts, ethical violations and the mistreatment of their customers. When a person hears job cuts, they assume that the reason for the job cuts is downsizing.

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The retail, building and supply industry is definitely moving towards warehouse-format stores. They cater to the do-it-yourself buyers and have lower prices than their independent counterparts. One area where stores like Home Depot and Lowe’s are struggling is to appeal to the professional buyers.

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I visited Costco and Target, and the fie criteria I chose to asses the stores were cleanliness, store decor, location of returns desk, selection of goods, and size of goods sold. At Costco the floors were clean and shiny, yet they displayed only shined concrete. At target, the floors had a white tile on the main walkways and carpet where people normally stop to look at clothes. In regards to store décor, target had lots of decorations and pictures on the wall to create an inviting environment. On the other hand, Costco had industrial, warehouse like shelving with products on the bottom.

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Overview. Lowe’s is a brand name that almost everyone in the U.S. is familiar with, however even with it being so well known not everyone knows its history. Lowe’s Companies, Inc. was incorporated in 1952 in North Carolina, and has been a publicly held corporation since 1961. It is a Fortune 50 company and it is the second largest home improvement retailer. Lowe’s operates over 1857 home improvement and hardware stores, which represents almost 202 million square feet of retail space.

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Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank. Along with investment banker Ken Langone and merchandising guru Pat Farrah. These three visionary had their sight on a one-stop shopping for the do-it yourselfer. They opened there first two Home Depot on June 22, 1979 in Atlanta Georgia. Home Depot is known as the largest home improvement specialty retailer and the 9th largest retailer in the world.

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That same year Home Depot operated 19 stores and reported $256 million in sales, a 118 percent increase from 1983. By 1986 they reached the billion dollar mark in revenue, and are now operating 60 stores. With the success of their growth Home Depot decided to invest and purchased nine Bowater warehouse stores for $38.4 million dollars. These stores also sold home improvement items. Bowater was located in Texas, Louisiana, and Alabama, but lacked the same standards and values as Home Depot, and were forced to close all the stores.

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LGI Homes Company Overview Based in Texas, LGI Homes was founded in June, 2003. It is a publicly-traded homebuilder that has been making dreams of owning homes a reality with its affordable new homes. LGI homes offer houses complete with amenities in beautiful metropolitan urban areas where work and entertainment are accessible. This is what makes the company one of the best homebuilders in the Unites States.

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