Home Depot vs Lowes
Home Depot vs. Lowe’s
Financial Analysis And Comparison
AIM 6344 Group Members
Cenk Tolunay Yan Wang Hong Ma Yuhong Zhang
1) Background
1.1 The Home Depot
The Company was founded in 1978 in Atlanta, Georgia and has since become the world's largest home improvement retailer, operating more than 1,500 stores (Home Depot, EXPO, and other subsidiary companies) across North America. Home Depot caters to both do-it-yourselfers and professional customers who serve the home improvement construction and building maintenance market segments. Today, Home Depot’s stores stock up to 35,000 different kinds of building materials and lawn and garden products. Home Depot’s unique services include free in-store clinics for home improvement skills as well as design and decorating consultation, truck and tool rental, home delivery, free potting and many others. The Home Depot currently operates in 50 U.S. states and in the District of Columbia, eight Canadian provinces, and Mexico. In 1998, Home Depot opened stores in Puerto Rico and recently opened two sourcing offices in China.
1.2 Lowe's Companies, Inc
It is a $26 billion retailer of a complete line of home improvement products and equipment. The company serves more than seven million do-it-yourself and commercial business customers each week through 875 stores in 45 states. Lowe's is the world's second largest home improvement retailer and the 14th largest retailer in the U.S. Lowe's is in the midst of an aggressive expansion plan, opening a new store on average every three days. Lowe's is an active supporter of the communities it serves. Through the Lowe's Heroes volunteer programs and the Home Safety Council, it provides help to civic groups with public safety projects and share important home safety and fire prevention information with neighborhoods across the country. Lowe's has been a publicly held company since October 10, 1961. Its stock is listed on the New York Stock Exchange, with shares trading under
Financial Analysis And Comparison
AIM 6344 Group Members
Cenk Tolunay Yan Wang Hong Ma Yuhong Zhang
1) Background
1.1 The Home Depot
The Company was founded in 1978 in Atlanta, Georgia and has since become the world's largest home improvement retailer, operating more than 1,500 stores (Home Depot, EXPO, and other subsidiary companies) across North America. Home Depot caters to both do-it-yourselfers and professional customers who serve the home improvement construction and building maintenance market segments. Today, Home Depot’s stores stock up to 35,000 different kinds of building materials and lawn and garden products. Home Depot’s unique services include free in-store clinics for home improvement skills as well as design and decorating consultation, truck and tool rental, home delivery, free potting and many others. The Home Depot currently operates in 50 U.S. states and in the District of Columbia, eight Canadian provinces, and Mexico. In 1998, Home Depot opened stores in Puerto Rico and recently opened two sourcing offices in China.
1.2 Lowe's Companies, Inc
It is a $26 billion retailer of a complete line of home improvement products and equipment. The company serves more than seven million do-it-yourself and commercial business customers each week through 875 stores in 45 states. Lowe's is the world's second largest home improvement retailer and the 14th largest retailer in the U.S. Lowe's is in the midst of an aggressive expansion plan, opening a new store on average every three days. Lowe's is an active supporter of the communities it serves. Through the Lowe's Heroes volunteer programs and the Home Safety Council, it provides help to civic groups with public safety projects and share important home safety and fire prevention information with neighborhoods across the country. Lowe's has been a publicly held company since October 10, 1961. Its stock is listed on the New York Stock Exchange, with shares trading under