Home Depot Mission Statement

The Home Depot Inc. is an American company headquartered in Atlanta, Georgia. Founded in 1978 by Bernard Marcus, Arthur Blank, Ron Brill and Pat Farrah with the intention of creating the largest home improvement superstores in America, The Home Depot sells building materials, home improvement products, lawn and garden products, appliances and also provides installation services. The original vision of creating “a company that would keep alive the values that were important to us, values like respect among all people, excellent customer service and giving back to communities and society”, has allowed the company to grow to become the largest home improvement retailer in the world with over 2,250 superstores and roughly 375,000 employees across Canada, Mexico and the USA. Stores average 9,755m2 in size and contain tens of thousands of SKUs to be used by both professionals and do-it-yourself (DIY) customers. Primary target customers include homeowners, remodelers, general contractors, tradesmen, installers, small business owners and repairmen. The company assists these customers by providing expert knowledge in

Since the IPO, shares have split 13 times. In recent years, a rebounding housing market has driven shares up nearly 400% since late 2008. Other indicators make it quite clear that The Home Depot will likely produce similar high caliber numbers in the future. The growing American economy, increased housing prices and low unemployment all contribute to a positive environment for growth. The Home Depot is well poised to capitalize on the benefits of the strong economy given the position they find themselves in. They dominate this large industry - both in sheer size and growth, have impeccable financials, and a very attractive dividend growth. Home Depot's revenues also exceed those of its closest competitor Lowe’s by nearly 1.3