Home Depot Supply's results for the second quarter are wagging some tongues. The company's wholesale distribution business is on pace to exceed $11 billion in sales in 2006. Its second-quarter sales were 13 percent of Home Depot's overall sales of $26 billion for the quarter. The company's goal is to reach $23 billion in wholesale sales by 2010.
These numbers are worth considering. For 2006, Home Depot is likely to post sales near $100 billion, with its wholesale distribution division contributing somewhere in the neighborhood of 15 percent. When you consider the vendor commonality between the retail and wholesale divisions, you start to redefine the meaning of leverage.
From a competitive standpoint, the scale and pace at which Home Depot is changing ...
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Home Depot Supply's results for the second quarter are wagging some tongues. The company's wholesale distribution business is on pace to exceed $11 billion in sales in 2006. Its second-quarter sales were 13 percent of Home Depot's overall sales of $26 billion for the quarter. The company's goal is to reach $23 billion in wholesale sales by 2010.
These numbers are worth considering. For 2006, Home Depot is likely to post sales near $100 billion, with its wholesale distribution division contributing somewhere in the neighborhood of 15 percent. When you consider the vendor commonality between the retail and wholesale divisions, you start to redefine the meaning of leverage.
From a competitive standpoint, the scale and pace at which Home Depot is changing ...
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