CONTACT
6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Boosted by acquisitions in distribution, The
Home Depot, Atlanta, GA, had $81.5 billion in sales in 2005, an 11.5% increase
over fiscal year 2004. Comparable store sales grew 3.8%.
The
Home Depot Supply represented about 5%, or $4.08 billion, of Home Depot's sales
in 2005. The supply division saw triple-digit growth in 2005, strengthening its
position in MRO, builder and professional supply platforms.
Acquisitions in the fourth quarter
of 2005 included:
In
January 2006, Home Depot announced its intent to acquire Hughes Supply, a $4.4
billion distributor of construction and repair products. Hughes Supply will more
than double the size of Home Depot Supply, with projected 2006 combined sales
approaching $12 billion. The acquisition is anticipated to close in
April.
For
the fourth quarter of fiscal 2005, The Home Depot overall saw net earnings of
$1.3 billion, compared with net earnings of $1 billion reported for the same
period in fiscal 2004. Sales for the fourth quarter of fiscal 2005 totaled $19.5
billion, a 15.9% increase from the fourth quarter of fiscal 2004. Comparable
store sales for the fourth quarter of fiscal 2005 increased 5.5%.
For
fiscal 2005, HD had net earnings of $5.8 billion, compared with net earnings of
$5 billion in fiscal 2004.
At the
end of fiscal 2005, The Home Depot reported total assets of $44 billion and a
return on invested capital of 22.4%, up 90 basis points from the prior
year.
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<
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CONTACT
6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
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