HD Home Depot

The Home Depot, Inc. engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services,and tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone, and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.
Company profile
Ticker
HD
Exchange
Website
CEO
Francis Blake
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
HOME DEPOT INC
SEC CIK
Corporate docs
IRS number
953261426
HD stock data
()
News
Home Depot's Robust Sales Trend Depends On The Pandemic
24 Feb 21
Mid-Afternoon Market Update: Dow Falls 60 Points; Churchill Capital IV Shares Plunge
23 Feb 21
Mid-Day Market Update: Nasdaq Drops 250 Points; Frank's International Shares Jump Following Q4 Earnings
23 Feb 21
Mid-Morning Market Update: Markets Open Lower; Home Depot Tops Q4 Views
23 Feb 21
How Much Investing $1,000 In Home Depot Stock 5 Years Ago Would Be Worth Today
23 Feb 21
Press releases
The Home Depot Announces Fourth Quarter and Fiscal 2020 Results; Increases Quarterly Dividend by 10 Percent
23 Feb 21
The Home Depot Announces Fourth Quarter and Fiscal 2020 Results; Increases Quarterly Dividend by 10 Percent
23 Feb 21
Highland Electric Transportation Raises $253 Million from Vision Ridge Partners, Fontinalis Partners, and Existing Investors
16 Feb 21
The Home Depot to Present at Raymond James Virtual 42nd Annual Institutional Investors Conference
16 Feb 21
The Home Depot to Donate $1 Million to Support Campus Improvements at Historically Black Colleges and Universities
16 Feb 21
Calendar
23 Nov 20
5 Mar 21
31 Jan 22
Financial summary
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Nov 20 | Aug 20 | May 20 | Nov 19 | |
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Diluted EPS |
Annual (USD) |
Feb 20 | Feb 19 | Jan 18 | Jan 17 | |
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Cost of revenue | |||||
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Change in cash | |||||
Diluted EPS |
Financial data from Home Depot earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Mar 21 | Ann Marie Campbell | $.05 Common Stock | Payment of exercise | Dispose F | No | No | 260.29 | 449 | 116.87K | 49,808.687 |
27 Feb 21 | Gibbs Stephen L | $.05 Common Stock | Payment of exercise | Dispose F | No | No | 258.34 | 360 | 93K | 2,977 |
25 Feb 21 | Matt Carey | $.05 Common Stock | Payment of exercise | Dispose F | No | No | 255.25 | 2,232 | 569.72K | 38,466.969 |
25 Feb 21 | Matt Carey | $.05 Common Stock | Grant | Aquire A | No | No | 0 | 6,246 | 0 | 40,698.969 |
25 Feb 21 | Edward P. Decker | $.05 Common Stock | Payment of exercise | Dispose F | No | No | 255.25 | 2,228 | 568.7K | 76,709.667 |
25 Feb 21 | Edward P. Decker | $.05 Common Stock | Grant | Aquire A | No | No | 0 | 6,246 | 0 | 78,937.667 |
25 Feb 21 | Mark Holifield | $.05 Common Stock | Payment of exercise | Dispose F | No | No | 255.25 | 1,094 | 279.24K | 25,653 |
25 Feb 21 | Mark Holifield | $.05 Common Stock | Payment of exercise | Dispose F | No | No | 255.25 | 2,775 | 708.32K | 26,747 |
25 Feb 21 | Mark Holifield | $.05 Common Stock | Grant | Aquire A | No | No | 0 | 6,246 | 0 | 29,522 |
Institutional ownership Q4 2020
69.9% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 2775 |
Opened positions | 314 |
Closed positions | 145 |
Increased positions | 1213 |
Reduced positions | 993 |
13F shares |
Current |
---|---|
Total value | 203.1B |
Total shares | 752.28M |
Total puts | 14.49M |
Total calls | 9.25M |
Total put/call ratio | 1.6 |
Largest owners |
Shares | Value |
---|---|---|
Vanguard | 89.73M | $23.83B |
BLK Blackrock | 71.72M | $19.05B |
STT State Street | 48.48M | $12.88B |
Capital World Investors | 33.85M | $8.99B |
FMR | 21.27M | $5.65B |
BAC Bank Of America | 18.59M | $4.94B |
Capital Research Global Investors | 16.83M | $4.47B |
Wellington Management | 16.52M | $4.39B |
Geode Capital Management | 16.49M | $4.37B |
NTRS Northern Trust | 15.25M | $4.05B |
Financial report summary
?Risks
- Strong competition could adversely affect prices and demand for our products and services and could decrease our market share.
- We may not timely identify or effectively respond to consumer needs, expectations or trends, which could adversely affect our relationship with customers, our reputation, the demand for our products and services, and our market share.
- The implementation of our store, interconnected retail, supply chain and technology initiatives could disrupt our operations in the near term, and these initiatives might not provide the anticipated benefits or might fail.
- Our success depends upon our ability to attract, develop and retain highly qualified associates while also controlling our labor costs.
- A failure of a key information technology system or process could adversely affect our business.
- Disruptions in our customer-facing technology systems could impair our interconnected retail strategy and give rise to negative customer experiences.
- Disruptions in our supply chain and other factors affecting the distribution of our merchandise could adversely impact our business.
- If our efforts to maintain the privacy and security of customer, associate, supplier and Company information are not successful, we could incur substantial costs and reputational damage and could become subject to litigation and enforcement actions.
- We are subject to payment-related risks that could increase our operating costs, expose us to fraud or theft, subject us to potential liability, and potentially disrupt our business.
- Uncertainty regarding the housing market, economic conditions, political climate, public health issues, and other factors beyond our control could adversely affect demand for our products and services, our costs of doing business, and our financial performance.
- Our business is subject to seasonal influences, and uncharacteristic or significant weather conditions, alone or together with natural disasters, as well as other catastrophic events, could impact our operations.
- If we fail to identify and develop relationships with a sufficient number of qualified suppliers, or if our suppliers experience financial difficulties or other challenges, our ability to timely and efficiently access products that meet our high standards for quality could be adversely affected.
- If we are unable to effectively manage and expand our alliances and relationships with selected suppliers of both brand name and proprietary products, we may be unable to effectively execute our strategy to differentiate ourselves from our competitors.
- Failure to achieve and maintain a high level of product and service quality and safety could damage our image with customers, expose us to litigation, and negatively impact our sales and results of operations.
- Our proprietary products subject us to certain increased risks, including regulatory, product liability, supplier relations, and reputational risks.
- If we are unable to effectively manage our installation services business, we could suffer lost sales and be subject to fines, lawsuits and reputational damage, or the loss of our general contractor licenses.
- Our strategic transactions involve risks, which could have an adverse impact on our financial condition and results of operation, and we may not realize the anticipated benefits of these transactions.
- Our costs of doing business could increase as a result of changes in, expanded enforcement of, or adoption of new federal, state or local laws and regulations.
- If we cannot successfully manage the unique challenges presented by international markets, we may not be successful in our international operations and our sales and profitability may be negatively impacted.
- The inflation or deflation of commodity prices could affect our prices, demand for our products, our sales and our profit margins.
- Changes in accounting standards and subjective assumptions, estimates and judgments by management related to complex accounting matters could significantly affect our financial results or financial condition.
- We are involved in a number of legal, regulatory and governmental enforcement proceedings, and while we cannot predict the outcomes of those proceedings and other contingencies with certainty, some of these outcomes may adversely affect our operations or increase our costs.
Management Discussion
- Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.
- We reported net sales of $33.5 billion in the third quarter of fiscal 2020. Net earnings were $3.4 billion, or $3.18 per diluted share. For the first nine months of fiscal 2020, net sales were $99.8 billion and net earnings were $10.0 billion, or $9.28 per diluted share.
- We opened one store in the U.S. and one store in Mexico during the third quarter of fiscal 2020, resulting in a total store count of 2,295 at the end of the quarter. As of November 1, 2020, a total of 309 of our stores, or 13.5%, were located in Canada and Mexico. For the third quarter of fiscal 2020, total sales per retail square foot were $552.85. Our inventory turnover ratio was 5.9 times, up from 5.0 times last year, driven by a significant increase in customer demand across all of our merchandising departments.
Content analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Good
|
New words:
acquisition, Agency, agreed, approval, Attorney, civil, consent, Court, criminal, declining, decree, discretion, distributor, District, division, document, enforcement, enterprise, environmental, EPA, frontline, fully, Georgia, grand, HD, hospitality, investigation, jury, Justice, leading, merger, migrate, migrated, monetary, MRO, national, Northern, penalty, principle, pursue, put, qualitative, quantitative, rarely, refine, resource, seek, subpoena, subsidiary, system, tender, threshold, transformation, upgraded, Utah
Removed:
excluded, extended
Financial reports
10-Q
2020 Q3
Quarterly report
23 Nov 20
10-Q
2020 Q2
Quarterly report
24 Aug 20
10-Q
2020 Q1
Quarterly report
26 May 20
10-K
2019 FY
Annual report
25 Mar 20
10-Q
2019 Q3
Quarterly report
25 Nov 19
10-Q
2019 Q2
Quarterly report
26 Aug 19
10-Q
2019 Q1
Quarterly report
28 May 19
10-K
2018 FY
Annual report
28 Mar 19
10-Q
2018 Q3
Quarterly report
19 Nov 18
10-Q
2018 Q2
Quarterly report
20 Aug 18
Current reports
8-K
Departure of Directors or Certain Officers
1 Mar 21
8-K
Increases Quarterly Dividend by 10 Percent
23 Feb 21
8-K
Termination of a Material Definitive Agreement
1 Feb 21
8-K
Other Events
7 Jan 21
8-K
The Home Depot Completes Acquisition of HD Supply
28 Dec 20
8-K
Entry into a Material Definitive Agreement
18 Nov 20
8-K
Plans to Invest Approximately $1 Billion in Annualized Permanent Compensation Enhancements for Frontline, Hourly Associates
17 Nov 20
8-K
Acquisition to Accelerate Sales Growth; Expected to be Accretive to
16 Nov 20
8-K
Announces Additional Senior Leadership Promotions
2 Oct 20
8-K
Declares Quarterly Dividend of $1.50 Per Share
18 Aug 20
Registration and prospectus
D/A
Indefinite amount in debt
13 Jan 21
424B2
Prospectus for primary offering
5 Jan 21
FWP
Free writing prospectus
4 Jan 21
424B5
Prospectus supplement for primary offering
4 Jan 21
SC TO-T/A
Third party tender offer statement (amended)
28 Dec 20
SC TO-T/A
Third party tender offer statement (amended)
17 Dec 20
SC TO-T/A
Third party tender offer statement (amended)
8 Dec 20
SC TO-T/A
Third party tender offer statement (amended)
4 Dec 20
SC TO-T
Third party tender offer statement
24 Nov 20
SC TO-C
Information about tender offer
18 Nov 20
Proxies
PX14A6G
Letter to shareholders
8 May 20
DEFA14A
Additional proxy soliciting materials
21 Apr 20
DEF 14A
Definitive proxy
6 Apr 20
PX14A6G
Letter to shareholders
7 May 19
DEF 14A
Definitive proxy
8 Apr 19
DEF 14A
Definitive proxy
1 Apr 18
PX14A6G
Letter to shareholders
18 Apr 17
DEF 14A
Definitive proxy
2 Apr 17
DEF 14A
Definitive proxy
3 Apr 16
DEF 14A
Definitive proxy
5 Apr 15
Other
SD
Conflict minerals disclosure
28 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
25 May 18
SD
Conflict minerals disclosure
25 May 17
NO ACT
No action letter
28 Feb 17
NO ACT
No action letter
28 Feb 17
NO ACT
No action letter
28 Feb 17
NO ACT
No action letter
22 Feb 17
SD
Conflict minerals disclosure
26 May 16
SD
Conflict minerals disclosure
31 May 15
Ownership
4
HOME DEPOT / Ann Marie Campbell ownership change
4 Mar 21
4
HOME DEPOT / Stephen L Gibbs ownership change
1 Mar 21
4
HOME DEPOT / Craig A Menear ownership change
1 Mar 21
4
HOME DEPOT / Teresa Wynn Roseborough ownership change
1 Mar 21
4
HOME DEPOT / Richard V McPhail ownership change
1 Mar 21
4
HOME DEPOT / William G. Lennie ownership change
1 Mar 21
4
HOME DEPOT / JEFFREY G KINNAIRD ownership change
1 Mar 21
4
HOME DEPOT / Timothy A. Hourigan ownership change
1 Mar 21
4
HOME DEPOT / MARK HOLIFIELD ownership change
1 Mar 21
4
HOME DEPOT / Edward P. Decker ownership change
1 Mar 21
Patents
GRANT
Utility
Customizable router for managing traffic between application programming interfaces
2 Mar 21
A customizable router manages traffic between application programming interfaces (APIs) of microservice applications (apps) that make up various features of a website.
GRANT
Utility
Ranking and presenting search engine results based on category-specific ranking models
9 Feb 21
Methods of operating a search engine may include calculating multi-modal document vector models for each of a plurality of electronic documents, training category-specific, search query-specific ranking models with respective machine learning algorithms based on those document vector models, and applying each of those models to further instances of the same search query to rank the documents responsive to that search query.
GRANT
Utility
Packaging for a multipart landscape lighting unit
12 Jan 21
A packaging system protects and retains all the components of a lighting unit with a resilient binding unit.
APP
Utility
Motorized Slat Angle Adjustment Mechanism for Window Blinds
23 Dec 20
An apparatus for adjusting a tilt angle of a plurality of slats in a window blind is disclosed.
GRANT
Utility
Cache coherency engine
14 Dec 20
A method for operating a database and a cache of at least a portion of the database may include receiving a plurality of read requests to read a data entity from the database and counting respective quantities of the requests serviced from the database and from the cache.
Transcripts
2020 Q4
Earnings call transcript
23 Feb 21
2020 Q3
Earnings call transcript
17 Nov 20
2020 Q2
Earnings call transcript
18 Aug 20
2020 Q1
Earnings call transcript
19 May 20
2019 Q4
Earnings call transcript
25 Feb 20
2019 Q3
Earnings call transcript
19 Nov 19
2019 Q2
Earnings call transcript
20 Aug 19
2019 Q1
Earnings call transcript
21 May 19
2018 Q4
Earnings call transcript
26 Feb 19
2018 Q3
Earnings call transcript
13 Nov 18
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