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   Non-TechHome Depot (HD)


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To: Lee Lichterman III who wrote (1139)1/3/2003 12:28:40 PM
From: sandintoes
   of 1170
 
Sorry you had such a problem with HD. That isn't my complaint. My complaint is I can't find anyone to answer my questions, or take the time to explain what I want to know.

Lowes is another story. The employees at Lowes will take the time to get into Faux painting techniques, and recommend crown molding methods. They showed me how to order new kitchen cabinet doors with glass fronts. They even told me how to remove the "Apartment style" sliding glass doors in the bathroom showers.

In short, they have trained employees for their particular fields.

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To: sandintoes who wrote (1140)1/3/2003 12:37:35 PM
From: BWAC
   of 1170
 
<In short, they have trained employees for their particular fields>

Is your particular store new?

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To: Lee Lichterman III who wrote (1139)1/3/2003 12:42:33 PM
From: 10K a day
   of 1170
 
hey lee. maybe i introduce you to my X wife.

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To: BWAC who wrote (1141)1/3/2003 12:47:20 PM
From: sandintoes
   of 1170
 
No, I go to them all over the country....where we use to live, where we live now, and where we own a condo..same great service, and always clean.

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To: Bald Eagle who wrote (1138)1/3/2003 1:27:58 PM
From: Mark Marcellus
   of 1170
 
I certainly wouldn't buy Lowe's as an HD hedge. In many scenarios where HD does poorly, Lowe's does poorly as well. After all, they're in the same sector. There's plenty of room in this sector for both to do well. If either of them doesn't, the reasons will be either company specific, or sector specific. Either way, it's probably not a good idea to count on there being a strong negative correlation between the two.

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To: Keith Fauci who started this subject1/3/2003 7:15:00 PM
From: 10K a day
   of 1170
 
What is wrong with Hoe Depot?

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To: Bald Eagle who wrote (1138)1/6/2003 7:52:28 PM
From: SecularBull
   of 1170
 
Maybe HD should hire Gene Hackman away from Lowe's.

~SB~

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To: SecularBull who wrote (1146)9/13/2004 10:26:18 AM
From: Neil H
   of 1170
 
Home Depot, Urban-Style
Monday September 13, 9:34 am ET
By Selena Maranjian

One of the skills exhibited by strong, successful companies is the ability to reinvent themselves and to adapt to different situations. Call it flexibility. One could argue that PepsiCo (NYSE: PEP - News) thought outside the box and dared to focus on more than beverages when it bought the Frito-Lay snack business. Long ago, Henry Ford loosened up and agreed to sell Ford (NYSE: F - News) cars in colors other than his preferred black. Change can be good. (Although some change is more questionable -- for example, check out the auto parts store that began selling online pie toppings.)
Home Depot (NYSE: HD - News) is changing the way it does business a bit as it opens a new landmark storeâEuro¦ in Manhattan. Here are some ways that the 105,000-square-foot depot will differ from traditional big orange boxes:

Since the store is located in an old, historic building -- the former Hasbro (NYSE: HAS - News) building on 23rd Street, near Fifth Avenue -- it won't be slathered in bright orange. Instead, it will have more tasteful orange banners announcing its identity. Inside you'll find elevators, escalators and an atrium.

There will be doormen assisting customers in getting purchases into cars and taxis. Shopping carts won't be littered around any large parking lot. Instead, they won't stray far from the building itself and will be managed in-house by a cart escalator.

Since many New Yorkers own or rent apartments, you won't see aisles full of lumber, weed whackers, hoses and gutter downspouts. Instead, there will be beefed-up offerings of paint, closet organizing systems, cabinet hardware, stackable washer/dryer combos, and carpets. (Items such as drywall and lumber can be ordered for delivery.)
How is New York reacting to this new arrival? Many would-be shoppers are, of course, thrilled. But many local small businesses, such as hardware stores, locksmiths, and paint purveyors, are justifiably freaking out at the possibility that they'll be put out of business. It's hard to compete with such a big superstore, after all -- one with strong pricing power.

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To: Neil H who wrote (1147)2/24/2005 4:44:05 PM
From: Dr_of_Microcaps
   of 1170
 
biz.yahoo.com

<eom>

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To: Dr_of_Microcaps who wrote (1148)11/15/2005 6:30:19 AM
From: Neil H
   of 1170
 
The Home Depot Announces Record Third Quarter 2005 Results
Tuesday November 15, 6:00 am ET
Lifts fiscal 2005 sales and earnings per share growth guidance
Fiscal 2005 sales growth guidance 10-12 percent, earnings per share growth guidance 17-18 percent
- Record Third Quarter Sales of $20.7 billion
- Record Third Quarter Operating Margin of 11.9 percent
- Record Third Quarter Net Earnings of $1.5 billion
- Record Average Ticket of $58.92

ATLANTA, Nov. 15 /PRNewswire-FirstCall/ -- The Home Depot®, the world's largest home improvement retailer, today reported third quarter fiscal 2005 net earnings of $1.5 billion, $0.72 per diluted share, up 20 percent, compared with $1.3 billion, $0.60 per diluted share, for the third quarter of fiscal 2004.
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(Logo: newscom.com )

Sales for the period increased $2.0 billion, or 10.5 percent, to $20.7 billion. Growth in comparable store sales was 3.6 percent.

"The execution of our strategy and the focus on our fundamentals has enabled us to consistently and predictably deliver strong results," said Bob Nardelli, chairman, president & CEO. "We have stayed on strategy, effectively managed our business and produced solid earnings growth through the hard work and dedication of our 325,000 associates."

"We continued to drive productivity throughout our business, and are well on our way to becoming the low cost provider in our industry. During the quarter we continued to use our strong financial condition to invest in the business and return cash to our shareholders," said Carol Tome, executive vice president and CFO. At the end of the third quarter, the company reported total assets of $44.7 billion, total stockholders' equity of $25.8 billion and return on invested capital of 21.8 percent. In the third quarter, the company repurchased $868 million or 21.8 million shares under its share repurchase program. Since the inception of its share repurchase program, the company has repurchased $9.5 billion or 272 million shares under its $11 billion authorization. The company has repurchased about 12 percent of its outstanding shares since 2002.

The company lifted its fiscal 2005 sales growth guidance from 9-12 percent to 10-12 percent and increased its earnings per share growth guidance from 14- 17 percent to 17-18 percent.

Enhancing the Core

By broadening its assortment and adding new, innovative and distinctive merchandise that provides tremendous customer value, The Home Depot achieved a record average ticket of $58.92, representing an increase of 6.1 percent compared to the third quarter of last year.

Merchandising highlights during the third quarter included:
- Introduction of new and exclusive Makita and Milwaukee lithium-ion
power tools, which offer more power, less weight, and longer run times
for pros and serious do-it-yourselfers
- Introduction of Ryobi MultiTASKit Laser level, offering a magnetic
plate, light and laser tool
- Launch of Colores Origenes, a vibrant color palette featuring over 70
colors designed in response to customer trends
- Continued growth in core appliance market share, increasing share by
130 basis points to 9.2 percent on a rolling 12-month basis, according
to an independent third party research company, the highest yearly
market share gain in the industry

"During the quarter our merchants did a great job of adding innovative and distinctive products to our stores. Our strategy of enhancing the core through distinction and innovation is working as evidenced by the highest average ticket in our company's history. We saw average ticket growth across the store with real strength in kitchen and bath," said Tom Taylor, executive vice president, Merchandising and Marketing.

"The active hurricane season during the quarter showcased our merchandising and operational flexibility. We took extraordinary steps to take care of our communities, customers and associates and we were the first retailer to deliver emergency-type merchandise to the affected areas. By the end of the quarter, we directed over 4,000 truckloads of merchandise to the Gulf Coast and Florida regions," added Taylor.

The company continued to invest in its stores through technology initiatives focused on increasing operational efficiency and improving the customer shopping experience. During the third quarter, the company achieved the following accomplishments:

- Completed the rollout of back-end scanned receiving to all US and
Canadian stores
- Commenced vendor authorization for certified receiving
- Grew centralized auto replenishment to 11 percent of store sales
- Implemented a special order flooring services pilot in 146 stores
- Continued installation of self-checkout registers, now in 1,205 stores
- Implemented new core financial systems in Mexico

"We are already seeing the benefits from these initiatives as they are driving improvement in our operational efficiency. Further, technology enables us to improve our customers' shopping experience as we redeploy tasking hours to the sales floor, drive better in-stock positions, improve the accuracy for special orders and provide speed in the checkout process," said Carl Liebert, executive vice president, Home Depot Stores.

Extending the Business

During the quarter, the company opened 37 new stores across Canada, Mexico and the United States, bringing the total store count to 1,972 as of the end of the quarter. In the fourth quarter, the company will open its 2,000th store, including its 50th store in Mexico, which opened last week. The Home Depot is the number one home improvement retailer in the United States, Canada and Mexico.

The company's services business grew 21 percent to $1.2 billion during the third quarter. The Home Depot saw strong growth in installation categories such as HVAC, kitchens, countertops, windows and roofing/gutters.

Expanding the Market

During the third quarter, The Home Depot Supply reported strong double- digit sales growth through organic and inorganic expansion. The Home Depot Supply operates on three platforms: Maintenance, Repair and Operations (MRO), Builder and Professional Supply. In August, White Cap, a leading professional distribution business, expanded its presence in California and Hawaii through the acquisition of West Tool, Inc. and Wire Products of Hawaii, Inc., respectively. At the end of the third quarter, White Cap had 94 branches in 23 states, compared to 70 branches in 17 states when it was acquired by the company. Additionally, in August the company closed on its acquisition of National Waterworks, adding to its MRO platform.

National Waterworks is the market leader in water and wastewater transmission products. In October, National Waterworks expanded its presence in Central Florida through the acquisition of Magnum Pipe, LLC.

An updated schedule containing more detailed information about The Home Depot Supply can be found on www.homedepot.com under the Investor Relations section.

Other Notable Items

The Home Depot is committed to giving back to the communities it serves. The company demonstrated that commitment by leading a Corporate Month of Service in 2005. Along with The Home Depot, 28 companies and organizations have committed to increase the number of volunteers across America by 6.4 million or 10 percent by the end of 2006.

In addition to volunteerism, the company, The Home Depot Foundation, The Homer Fund, vendor partners and customers committed over $9.3 million in cash and materials to relief and rebuilding efforts as a result of the devastating hurricanes.

- $7.2 million to various organizations to support rebuilding and relief
efforts including the American Red Cross, Salvation Army, Volunteer
Florida Foundation, United Way and Hands on Network
- $2.1 million to associates through The Homer Fund, an organization that
provides emergency assistance to The Home Depot associates

These third quarter contributions were in addition to the $6.6 million committed earlier to the American Red Cross, through a three-year partnership, to support their hurricane relief and disaster education efforts.

During the quarter, the company received the Award for Excellence for Workplace Volunteer Programs from the Points of Light Foundation.

The Home Depot will conduct a conference call today at 9:00 a.m. EST to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at www.homedepot.com under the Investor Relations section.

During the third quarter of 2005, The Home Depot opened 37 new stores and closed 20 EXPO stores. At the end of the third quarter, the company operated a total of 1,972 stores, which included 1,913 The Home Depot stores with 1,738 stores in the United States, 126 stores in Canada, and 49 stores in Mexico. The company also operates 34 EXPO Design Centers, 11 The Home Depot Landscape Supply stores, two The Home Depot Floor Stores, five The Home Depot Supply stores and seven Contractors' Warehouse stores. The company employs over 325,000 associates.

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