Home Depot 2001 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2001 Home Depot annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 42

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42

FINANCIAL SUMMARY
amounts in millions, except per share and store data 2001 increase 2000 increase 1999 increase
Net sales $53,553 17% $45,738 19% $38,434 27%
Net earnings $ 3,044 18% $ 2,581 11% $ 2,320 44%
Diluted earnings per share $ 1.29 17% $ 1.10 10% $ 1.00 41%
Assets $26,394 23% $21,385 25% $17,081 27%
Cash $ 2,477 1383% $ 167 – $ 168 171%
Store count 1,333 18% 1,134 22% 930 22%
’99 ’00 ’01 ’99 ’00 ’01 ’99 ’00 ’01
CORPORATE PROFILE FOUNDED IN 1978, THE HOME DEPOT®IS THE WORLD’S LARGEST HOME IMPROVEMENT RETAILER AND THE
SECOND LARGEST RETAILER IN THE UNITED STATES,WITH FISCAL 2001 SALES OF $53.6 BILLION. AT THE CLOSE OF FISCAL 2001, THE HOME
DEPOT OPERATED 1,333 RETAIL LOCATIONS, INCLUDING 1,201 HOME DEPOT STORES IN THE UNITED STATES, 78 HOME DEPOT STORES IN
CANADA, AND EIGHT HOME DEPOT STORES IN MEXICO AND ARGENTINA. THE COMPANY ALSO OPERATED 41 EXPO DESIGN CENTERS®,
FOUR VILLAGER’S®HARDWARE STORES, AND ONE HOME DEPOT FLOOR STORESM. IN ADDITION, THE COMPANY OPERATED WHOLLY-
OWNED SUBSIDIARIES APEX SUPPLY COMPANY, GEORGIA LIGHTING®, MAINTENANCE WAREHOUSE®, YOUR “OTHER”WAREHOUSE®, AND
NATIONAL BLINDS AND WALLPAPER®. THE COMPANY EMPLOYED APPROXIMATELY 250,000 ASSOCIATES AT THE END OF FISCAL 2001.
THE HOME DEPOT HAS BEEN PUBLICLY TRADED SINCE 1981. THE HOME DEPOT TRADES ON THE NEW YORK STOCK EXCHANGE UNDER THE
TICKER SYMBOL “HD”AND IS INCLUDED IN THE DOW JONES INDUSTRIAL AVERAGE AND THE STANDARD AND POOR’S 500 INDEX.
NET SALES
(amounts in billions)
NET EARNINGS
(amounts in billions)
STORE COUNT
$38.4
$45.7
$53.6
$2.3
$2.6
$3.0
930
1,134
1,333