Home Depot

• In conducting this presentation I made an orange apron which I painted on the Home Depot logo and conducted my presentation wearing the apron.

“You can do it. We can help”

Home Depot• Home Depot was founded by Bernie Marcus and Arthur

Blank. The first The Home Depot was opened June 22, 1979 in Atlanta, GA.

• Marcus and Blank retired in 2000. Robert Nardelli became chairman, President & Chief Executive officer of The Home Depot. Nardelli previously spent almost 30 years at General Electric, as president and CEO of GE Power Systems.

• Current Board of directors of Home Depot are: Frank Blake, Greg Brenneman, John Clendenin, Claudio González, Milledge Hart, Bonnie Hill, Laban Jackson, Lawrence Johnston, Ken Langone, Angelo Mozilo, Robert Nardelli, and Tom Ridge

Home Depot• Home Depot is the 2nd largest retailer in the

United States behind Wal-Mart and 3rd largest retailer in the world.

• Home Depot employs more than 355,000 people and operates more than 2,000 stores across North America.

• In 2005, sales were $81.5 billion, an increase of 11.5% from 2004

• In 2005, earnings were $5.8 billion, an increase of 16.7% from 2004

Home Depot Controversies

• In May 2006, Shareholders expressed concern about Nardelli’s pay package of $123.7 million, excluding stock options over the last 5 years.

• In June 2006, a customer found 2- 50lb bricks of marijuana with street value of about $145,000 inside a bathroom vanity he purchased.

• In September 2006 two midlevel Managers were fired for due to allegations of unauthorized chargebacks to venders.

• In 1998, 185 customer accidents were reported in a week

Home Depot Values

Home Depot Values• 1. Taking care of our people:

The key to our success is treating people well. We do this by encouraging associates to speak up and take risks, by recognizing and rewarding good performance and by leading and developing people so they may grow.

• 2. Giving back to our communities: An important part of the fabric of The Home Depot is giving our time, talents, energy and resources to worthwhile causes in our communities and society.

• 3. Doing the right thing: We exercise good judgment by "doing the right thing" instead of just "doing things right." We strive to understand the impact of our decisions, and we accept responsibility for our actions.

• 4. Excellent customer service: Along with our quality products, service, price and selection, we must go the extra mile to give customers knowledgeable advice about merchandise and to help them use those products to their maximum benefit.

Home Depot Values• 5. Creating shareholder value:

The investors who provide the capital necessary to allow our company to grow need and expect a return on their investment. We are committed to providing it.

• 6. Building strong relationships: Strong relationships are built on trust, honesty and integrity. We listen and respond to the needs of customers, associates, communities and vendors, treating them as partners.

• 7. Entrepreneurial spirit: Home Depot associates are encouraged to initiate creative and innovative ways of serving our customers and improving the business and to spread best practices throughout the company.

• 8. Respect for all people: In order to remain successful, our associates must work in an environment of mutual respect, free of discrimination and harassment where each associate is regarded as a part of the Home Depot team.

• In 2005, Home Depot volunteered over 321,000 hours to complete over 1200 projects a month during Corporate Month of Service.

• More than $75 million has been invested in the Gulf Coast Communities affected by Hurricanes.

• In 2005, Home Depot and KaBOOM! Created and refurbished more than 1000 play spaces in 1000 days. To date more than 400 playgrounds have been built and Home depot will invest more than $25 million dollars and over 1 million in volunteer hours to support this project.

Giving back to our communities

Major sponsorships• In February 2002, Home Depot co-founder Blank purchased

the Atlanta Falcons NFL Football Team.

The Home Depot is also the primary sponsor of Joe Gibbs Racing. NASCAR driver Tony Stewart drives The Home Depot #20 Chevrolet Monte Carlo SS

In 1991, Home Depot has become a large supporter of athletics, sponsoring the United States and Canadian Olympic teams, and launched a program to offer employment to athletes that fully allowed for their training and competition schedules. Home Depot Stopped sponsorship of the Canadian Olympic Team in 2005.

Do It Herself Workshops

• Our Do-It-Herself Workshops offer a friendly, supportive environment for women to learn new skills and tackle interesting home improvement and decor projects. These free one-night workshops are held each season in every one of The Home Depot Stores.

Do It yourself Clinics

• Improve the look of your home with free, informative in-store clinics. Open to everyone, our clinics simplify complex projects with easy-to-follow instruction. You don't even have to pre-register. Just show up and learn something new.

Kids WorkshopsKids Workshops are free "How-To Clinics" designed for children ages 5-

12. The workshops are offered on the first Saturday of each month between 9:00 a.m. and noon at all The Home Depot stores. Children accompanied by an adult construct projects from pre-fabricated kits. The kits are designed to be both educational and practical.

In addition to the newly constructed project kit, each child receives a kid-sized orange apron, similar to The Home Depot associates' aprons, and an achievement pin.

• Since 1997, 12 million projects have been built at Kids Workshops• More than 750,000 children built their first toolbox at The Home Depot• Nearly 600,000 birdhouses have been constructed at Kids Workshops• More than 290,000 children have built a step stool at Kids Workshops • to help them reach higher• 75 children per store attend a Kids Workshop on average• while many stores have 200 kids attend regularly

QUESTIONS?