Home Depot Inc is the world’s leading home improvement retailer with approximately 500,000 associates and around 2,300 stores in the U.S., Canada, and Mexico. A typical store today has an indoor retail space of 105,000 square feet on average, interconnected with an e-commerce business that offers more than one million products for the DIY customer, professional contractors, and the industry's largest installation business for the Do-It-For-Me customer. It offers a wide assortment of building materials, home improvement products, lawn and garden products, décor products, and facilities maintenance, repair, and operations products and provides a number of services, including home improvement installation services and tool and equipment rental. As of FY2021, it operated 2,317 stores located throughout the U.S. (including the Commonwealth of Puerto Rico and the territories of the U.S. Virgin Islands and Guam), Canada, and Mexico. Its online product offerings are through its websites, homedepot.com,blinds.com, and thecompanystore.com.
In FY2021, Home depot had 2,317 stores which include 2006 stores in the US,182 stores in Canada, and 129 stores in Mexico. It opened five new stores in the U.S. and two new stores in Mexico during FY2021. The total store count also includes 14 stores in the U.S. from a small acquisition completed during the second quarter of FY2021.
On November 16, 2020, the company announced its intention to acquire HD Supply, a leading national distributor of MRO products to multifamily, hospitality, healthcare, and government housing facilities, among others. The acquisition is expected to help position the Company to accelerate sales growth by better serving both existing and new MRO customers. The acquisition was completed on December 24, 2020.
Net sales for FY2021 increased by 14.4%, to $151.2 billion. Net sales increased for the year as a result of both increased comparable sales and sales from HD Supply, acquired in the fourth quarter of fiscal 2020. FY2021, saw continued elevated home improvement demand, which began at the end of the first quarter of FY2020, with strong performance across the company’s departments as customers continued to focus on home improvement projects and repairs.
Online sales for products, picked up in stores or delivered to customer locations, represented 13.7% of net sales and grew by 9.4% during FY2021 compared to FY2020.
United States of America
United States of America
United States of America
Netherlands
United States of America
Germany
United Kingdom
Japan
United States of America
Australia
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer
Contact the team or request a demo to find out how our data can drive your business forward