Prepare a four page paper on the Home Depot Include their bo
Prepare a four page paper on the Home Depot. Include their book of business, financials, history, business plans and their stock history. Include references.
Solution
Home Depot
History:
Following are the important milestones in the company’s history:
Presently, the company is the biggest home improvement retail company in the world with more than two thousand stores in USA, Canada and Mexico. More than one million products are sold by the company to its varied customers.
Customers:
Its majority customers include Do-It-Yourself (DIY) customers who want to build dream homes on their own. The chief personality traits of these customers are self-reliance, extraordinary optimism and resilience. Its other customers are professional contractors and Do-It-For-Me customers.
Financial Performance:
As of November 14, 2017 the company had achieved sales of $25.0 billion for the third quarter of 2017, an 8.1 percent increase from the same quarter of last fiscal year. Net profits for the3rd quarter of 2017 were $2.2 billion.
