The Home Depot Inc, listed on the New York Stock Exchange under the ticker 'HD', is a leading provider of home improvement products and building materials.
It operates through more than 2,000 stores across North America and is reportedly one of the largest retailers in the country.
The retailer is engaged in manufacturing building materials and home improvement products, providing lawn and garden products, decor products, installation and repair services, etc. In addition, the firm also offers tools and equipment on a rental basis with a focus on its do-it-yourself customers (DIY).
The company manufactures more than 30,000 products used in lumbering, flooring, plumbing goods, gardening, paints, and appliances.
Home Depot Inc caters to two groups of customers: consumers and professional customers. The consumer group includes DIY customers and do-it-for-me (DIFM) customers. It provides DIFM customers with installation services for cabinets, carpets, flooring, countertops, furnaces and central air systems.
Apart from an extensive network of physical stores across the United States, the company also operates and sells its products through an e-commerce platform, including 'thecompanystore.com', mobile application, etc. It claims to sell over one million products on the online platform.
Home Depot Inc claims to generate a majority of its sales from the operations in the United States.
The home improvement firm was incorporated in Delaware in 1978.
Headquartered in Atlanta, Georgia, the company provides more than 35,000 home improvement products through a retail chain store network.
In 1979, founders Bernie Marcus and Arthur Blank opened two stores in Atlanta.
The company claims that today the average indoor retail space is around 105,000 square feet.
Home Depot Inc has a strong foothold in Canada, the United States and Mexico.
The Home Depot Pro, the MRO company, is one of the significant subsidiaries of The Home Depot Inc. It is reportedly one of the largest repair and maintenance products distributors, catering to non-industrial operations in the United States.
The company is included in the S&P 500, Dow Jones Industrial Average (DJIA) and S&P 100 components.
It claims to be among America's Best Employers and Forbes Global 2000 list for 2021.