Industries |
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Technology Hardware Storage and Peripherals |
Information Technology |
Technology Hardware and Equipment |
Home Improvement Retail |
Asset Management and Custody Banks |
General Merchandise Stores |
Automobile Manufacturers |
Motorcycle Manufacturers |
Environmental Services |
Exposures |
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Military |
Express intent |
Crime |
Ease |
Political reform |
Provide |
Judicial |
Rights |
Event Codes |
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Solicit support |
Yield to order |
Decline comment |
Release or return |
Force |
Human death |
Grant |
Demand |
Adjust |
Empathize |
Warn |
Agree |
Sports contest |
Wiki | Wiki Summary |
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Arithmetic | Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today. |
Operations management | Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in meeting customer requirements. |
Emergency operations center | An emergency operations center (EOC) is a central command and control facility responsible for carrying out the principles of emergency preparedness and emergency management, or disaster management functions at a strategic level during an emergency, and ensuring the continuity of operation of a company, political subdivision or other organization.\nAn EOC is responsible for strategic direction and operational decisions and does not normally directly control field assets, instead leaving tactical decisions to lower commands. |
Bitwise operation | In computer programming, a bitwise operation operates on a bit string, a bit array or a binary numeral (considered as a bit string) at the level of its individual bits. It is a fast and simple action, basic to the higher-level arithmetic operations and directly supported by the processor. |
Risk management | Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.\nRisks can come from various sources including uncertainty in international markets, threats from project failures (at any phase in design, development, production, or sustaining of life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. |
Income statement | An income statement or profit and loss account (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) is one of the financial statements of a company and shows the company's revenues and expenses during a particular period.It indicates how the revenues (also known as the “top line”) are transformed into the net income or net profit (the result after all revenues and expenses have been accounted for). The purpose of the income statement is to show managers and investors whether the company made money (profit) or lost money (loss) during the period being reported. |
Cost accounting | Cost accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, classifying, allocating, aggregating and reporting such costs and comparing them with standard costs." (IMA) Often considered a subset of managerial accounting, its end goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capability. |
Financial accounting | Financial accounting is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. |
Accounting standard | Publicly traded companies typically are subject to rigorous standards. Small and midsized businesses often follow more simplified standards, plus any specific disclosures required by their specific lenders and shareholders. |
List of financial performance measures | This article comprises a list of measures of financial performance. |
Starbucks | Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world's largest coffeehouse chain. |
Organizational performance | Organizational performance comprises the actual output or results of an organization as measured against its intended outputs (or goals and objectives).\nOrganizational performance also the success or fulfilment of organization at end of program or projects as it is intended. |
Corporate social responsibility | Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically oriented practices. While once it was possible to describe CSR as an internal organizational policy or a corporate ethic strategy, that time has passed as various national and international laws have been developed. |
Business acumen | Business acumen, also known as business savviness, business sense and business understanding, is keenness and quickness in understanding and dealing with a business situation (risks and opportunities) in a manner that is likely to lead to a good outcome. Additionally, business acumen has emerged as a vehicle for improving financial performance and leadership development. |
Effectiveness | Effectiveness is the capability of producing a desired result or the ability to produce desired output. When something is deemed effective, it means it has an intended or expected outcome, or produces a deep, vivid impression. |
PULSE (computer system) | PULSE (Police Using Leading Systems Effectively) is a computer system used by the Garda Síochána, the police force of the Republic of Ireland. The system was introduced in November 1999.The contract for the system was awarded to Andersen Consulting (now Accenture) and is managed by a directorate of three senior Gardaí and an Accenture consultant. |
Bernays–Schönfinkel class | The Bernays–Schönfinkel class (also known as Bernays–Schönfinkel–Ramsey class) of formulas, named after Paul Bernays, Moses Schönfinkel and Frank P. Ramsey, is a fragment of first-order logic formulas where satisfiability is decidable.\nIt is the set of sentences that, when written in prenex normal form, have an \n \n \n \n \n ∃\n \n ∗\n \n \n \n ∀\n \n ∗\n \n \n \n \n {\displaystyle \exists ^{*}\forall ^{*}}\n quantifier prefix and do not contain any function symbols. |
Eastern Time Zone | The Eastern Time Zone (ET) is a time zone encompassing part or all of 23 states in the eastern part of the United States, parts of eastern Canada, the state of Quintana Roo in Mexico, Panama and Colombia, mainland Ecuador, Peru, and a small portion of westernmost Brazil in South America, along with certain Caribbean and Atlantic islands.\nPlaces that use:\n\nEastern Standard Time (EST), when observing standard time (autumn/winter), are five hours behind Coordinated Universal Time (UTC−05:00). |
Countershading | Countershading, or Thayer's law, is a method of camouflage in which an animal's coloration is darker on the upper side and lighter on the underside of the body. This pattern is found in many species of mammals, reptiles, birds, fish, and insects, both predators and prey, and has occurred since at least between 145.5 and 65.5 million years ago, or the Cretaceous period. |
Explosively formed penetrator | An explosively formed penetrator (EFP), also known as an explosively formed projectile, a self-forging warhead, or a self-forging fragment, is a special type of shaped charge designed to penetrate armor effectively. As the name suggests, the effect of the explosive charge is to deform a metal plate into a slug or rod shape and accelerate it toward a target. |
Associate degree | An associate degree is an undergraduate degree awarded after a course of post-secondary study lasting two to three years. It is a level of qualification above a high school diploma, GED, or matriculation, and below a bachelor's degree. |
Associated Press | The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. |
Johnny & Associates | Johnny & Associates, Inc. (株式会社ジャニーズ事務所, Kabushiki-gaisha Janīzu Jimusho) is a Japanese talent agency, formed by Johnny Kitagawa in 1962, which trains and promotes groups of male entertainers known as Johnny's (ジャニーズ, Janīzu). |
Business Proposal | Business Proposal (Korean: 사내 맞선; Hanja: 社內맞선; RR: Sanae Matseon; lit. The Office Blind Date) is a South Korean romantic comedy television series based on the webtoon of the same title written by HaeHwa and illustrated by Narak. |
Management | Management (or managing) is the administration of an organization, whether it is a business, a non-profit organization, or a government body. It is the art and science of managing resources of the business. |
Agile management | Agile management is the application of the principles of Agile software development to various management processes, particularly project management. Following the appearance of the Manifesto for Agile Software Development in 2001, Agile techniques started to spread into other areas of activity. |
Women Management | Women Management is a modeling agency based in New York. Founded by Paul Rowland in 1988, Women also has two sister agencies, Supreme Management and Women 360 Management, which is also part of the Women International Agency Chain. |
Emergency management | Emergency management, also called emergency response or disaster management, is the organization and management of the resources and responsibilities for dealing with all humanitarian aspects of emergencies (prevention, preparedness, response, mitigation, and recovery). The aim is to prevent and reduce the harmful effects of all hazards, including disasters. |
Gary McKinnon | Gary McKinnon (born 10 February 1966) is a Scottish systems administrator and hacker who was accused in 2002 of perpetrating the "biggest military computer hack of all time", although McKinnon himself states that he was merely looking for evidence of free energy suppression and a cover-up of UFO activity and other technologies potentially useful to the public. On 16 October 2012, after a series of legal proceedings in Britain, then Home Secretary Theresa May blocked extradition to the United States. |
Yangju highway incident | The Yangju highway incident, also known as the Yangju training accident or Highway 56 Accident, was a double-homicide that occurred on June 13, 2002, in Yangju, Gyeonggi-do, South Korea. A United States Army armored vehicle-launched bridge, returning to base in Uijeongbu on a public road after training maneuvers in the countryside, struck and killed two 14-year-old South Korean schoolgirls, Shin Hyo-sun (Korean: 신효순) and Shim Mi-seon (Korean: 심미선). |
2021 Boulder shooting | On March 22, 2021, a mass shooting occurred at a King Soopers supermarket in Boulder, Colorado, United States. Ten people were killed, including a local on-duty police officer. |
Francesco Schettino | Francesco Schettino (Italian pronunciation: [franˈtʃesko sketˈtiːno]; born 14 November 1960) is an Italian ex-sea captain who commanded the cruise ship Costa Concordia when it struck an underwater rock and capsized with the deaths of 32 passengers and crew off the Italian island of Giglio on 13 January 2012. In 2015, he was sentenced to sixteen years in prison for his role in the incident. |
Stay of proceedings | A stay of proceedings is a ruling by the court in civil and criminal procedure that halts further legal process in a trial or other legal proceeding. The court can subsequently lift the stay and resume proceedings based on events taking place after the stay is ordered. |
Murder of Nicholas Markowitz | Nicholas Samuel Markowitz (September 19, 1984 – August 9, 2000) was an American teenager who was kidnapped and murdered at the age of 15 after a feud over drug money between his half-brother Benjamin Markowitz and Jesse James Hollywood.\n\n\n== Kidnapping and murder ==\nMarkowitz lived in West Hills, Los Angeles, with his parents, Jeff and Susan Markowitz. |
Murder of Mollie Tibbetts | On July 18, 2018, University of Iowa student Mollie Cecilia Tibbetts disappeared while jogging near her home in Brooklyn, Iowa. A month later, police identified 24-year-old Cristhian Bahena Rivera as a suspect in connection with the disappearance; surveillance footage showed Rivera's car following Tibbetts on her jog. |
Stalingrad legal defense | The Stalingrad legal defense is a strategy usually used by a defendant to wear down the plaintiff or legal proceedings by appealing every ruling that is unfavorable to the defendant and using whatever other means possible to delay proceedings. Typically a meritorious case is not presented by the defendant. |
Risk Factors |
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HOME DEPOT INC Item 1A Risk Factors |
The risks described below could materially and adversely affect our business, financial condition and results of operations |
These risks could cause our actual results to differ materially from our historical experience and from results predicted by forward-looking statements made by us related to conditions or events that we anticipate may occur in the future |
Those statements may relate to such matters as Net Sales growth, increases in comparable store sales, impact of cannibalization, commodity price inflation and deflation, implementation of store initiatives, protection of intellectual property rights, Net Earnings performance, earnings per share, stock-based compensation expense, store openings and closures, payments on commercial paper borrowings, the effect of adopting certain accounting standards, future financial reporting, financing, margins, return on invested capital, operations after the 9 _________________________________________________________________ closing of the merger with Hughes Supply, the timing and certainty of closing of the merger with Hughes Supply, the accounting and financial impact of the merger with Hughes Supply, strategic direction and the demand for our products and services |
All forward-looking statements by us are qualified by the risks described below |
Our operations could also be affected by additional factors that are not presently known to us or by factors that we currently consider immaterial to our business |
Rising costs, a reduction in the availability of consumer credit, weather and other conditions in North America could adversely affect our costs of doing business, demand for our products and services and our average ticket price |
Interest rates, fuel and other energy costs, labor and healthcare costs, consumer credit availability, weather, natural disasters, terrorism and other conditions that adversely affect consumer demand for our products and services could adversely affect our financial performance |
These and other similar factors could: • increase our costs, • cause our customers to delay undertaking or determine not to undertake new home improvement projects, • cause our customers to delay purchasing or determine not to purchase home improvement products and services, and • lead to a decline in average ticket price |
We rely on third party suppliers, and if we fail to identify and develop relationships with a sufficient number of qualified suppliers, our ability to timely and efficiently access products that meet our high standards for quality could be adversely affected |
We buy our store merchandise from suppliers located throughout the world |
Our ability to continue to identify and develop relationships with qualified suppliers who can satisfy our high standards for quality and our need to access products in a timely and efficient manner is a significant challenge |
Our ability to access products also can be adversely affected by political instability, the financial instability of suppliers, suppliers &apos noncompliance with applicable laws, trade restrictions, tariffs, currency exchange rates, transport capacity and cost and other factors beyond our control |
If we are unable to effectively manage and expand our alliances and relationships with selected suppliers of brand name products, we may be unable to effectively execute our strategy to differentiate us from our competitors |
As part of our strategy of differentiation, we have formed strategic alliances and exclusive relationships with selected suppliers to market products under a variety of well-recognized brand names |
If we are unable to manage and expand these alliances and relationships or identify alternative sources for comparable products, we may not be able to effectively execute our strategy of differentiation |
Any inability to open new stores on schedule will delay the contribution of these new stores to our financial performance |
We expect to increase our presence in existing markets and enter new markets |
Our ability to open new stores will depend primarily on our ability to: • identify attractive locations, • negotiate leases or real estate purchase agreements on acceptable terms, • attract and train qualified employees, and • manage pre-opening expenses, including construction costs |
10 _________________________________________________________________ Our ability to open new stores also will be affected by environmental regulations, local zoning issues and other laws related to land use |
Failure to effectively manage these and other similar factors will affect our ability to open stores on schedule, which will delay the impact of these new stores on our financial performance |
The implementation of our technology initiatives could disrupt our operations in the near term, and our technology initiatives might not provide the anticipated benefits or might fail |
We have made and will continue to make significant technology investments both in our stores and in our administrative functions |
Our technology initiatives are designed to streamline our operations to allow our associates to continue to provide high quality service to our customers and to provide our customers a better in-store experience |
The cost and potential problems and interruptions associated with the implementation of our technology initiatives could disrupt or reduce the efficiency of our operations in the near term |
In addition, our new or upgraded technology might not provide the anticipated benefits, it might take longer than expected to realize the anticipated benefits or the technology might fail altogether |
We may not timely identify or effectively respond to consumer trends, which could adversely affect our relationship with our customers, the demand for our products and services and our market share |
It is difficult to successfully predict the products and services our customers will demand |
The success of our business depends in part on our ability to identify and respond to evolving trends in demographics and consumer preferences |
Failure to timely identify or effectively respond to changing consumer tastes, preferences, spending patterns and home improvement needs could adversely affect our relationship with our customers, the demand for our products and services and our market share |
The inflation or deflation of commodity prices could affect our prices, demand for our products, sales and profit margins |
Prices of certain commodity products, including lumber and other raw materials, are historically volatile and are subject to fluctuations arising from changes in domestic and international supply and demand, labor costs, competition, market speculation, government regulations and periodic delays in delivery |
Rapid and significant changes in commodity prices may affect our sales and profit margins |
If we cannot successfully identify and complete acquisition opportunities and integrate the acquired businesses, we may be unable to successfully execute our expansion strategy |
The success of our expansion strategy depends, in part, on our ability to identify attractive acquisition opportunities, complete acquisitions on financially attractive terms and integrate them with our other businesses |
Integration of our acquisitions presents significant challenges and risks to our business, including: • distraction of management from regular business concerns, • assimilation and retention of employees and customers of the acquired business, • integration of technologies, services and products, and • achievement of appropriate internal control over financial reporting |
There is no assurance that we will be able to successfully manage the risks associated with acquiring and integrating other businesses |
11 _________________________________________________________________ If we cannot successfully manage the unique challenges presented by international markets, we may not be successful in expanding our international operations |
Our expansion strategy includes expansion of our operations in existing and new international markets by selective acquisitions, strategic alliances and the opening of new stores |
Our ability to successfully execute our expansion strategy in international markets is affected by many of the same operational risks we face in expanding our US operations |
In addition, our international expansion may be adversely affected by our ability to identify and gain access to local suppliers as well as by local laws and customs, legal and regulatory constraints, political and economic conditions and currency regulations of the countries or regions in which we currently operate or intend to operate in the future |
Risks inherent in our international operations also include, among others, the costs and difficulties of managing international operations, adverse tax consequences and greater difficulty in enforcing intellectual property rights |
Additionally, foreign currency exchange rates and fluctuations may have an impact on our future costs or on future cash flows from our international operations |
Our success depends upon our ability to attract, train and retain highly qualified associates |
To be successful, we must attract, train and retain a large and growing number of highly qualified associates while controlling related labor costs |
Our ability to control labor costs is subject to numerous external factors, including prevailing wage rates and health and other insurance costs |
In addition, many of our associates are in hourly positions with historically high turnover rates |
We compete with other retail and non-retail businesses for these associates and invest significant resources in training and motivating them |
We also depend on our executives and other key associates for our success |
There is no assurance that we will be able to attract or retain highly qualified associates in the future |
Changes in accounting standards and subjective assumptions, estimates and judgments by management related to complex accounting matters could significantly affect our financial results |
Generally accepted accounting principles and related accounting pronouncements, implementation guidelines and interpretations with regard to a wide range of matters that are relevant to our business, such as revenue recognition, asset impairment, inventories, self-insurance and litigation, are highly complex and involve many subjective assumptions, estimates and judgments by our management |
Changes in these rules or their interpretation or changes in underlying assumptions, estimates or judgments by our management could significantly change our reported or expected financial performance |
Increased competition could adversely affect prices and demand for our products and services and could decrease our market share |
Our business is highly competitive, based principally on price, store location, customer service and depth of merchandise |
In each of the markets we serve, there are a number of other home improvement stores, electrical, plumbing and building materials supply houses and lumber yards |
With respect to some products, we also compete with discount stores, local, regional and national hardware stores, mail order firms, warehouse clubs, independent building supply stores and other retailers |
In addition, we compete with specialty design stores or showrooms, some of which are only open to interior design professionals, local and regional distributors, and wholesalers and manufacturers that sell products directly to their customer bases |
Moreover, our Home Depot Supply businesses compete with local and regional distributors and wholesalers and manufacturers that sell products directly to their customer bases |
Intense competitive pressures from one or more of our competitors could affect prices or demand for our products and services |
If we are unable to timely and appropriately respond to these pressures, our financial performance and our market share could be adversely affected |
12 _________________________________________________________________ We are involved in a number of legal proceedings, and while we cannot predict the outcomes of such proceedings and other contingencies with certainty, some of these outcomes may adversely affect our operations or increase our costs |
We are involved in a number of legal proceedings, including consumer, employment, tort and other litigation |
We cannot predict the outcomes of these legal proceedings and other contingencies, including environmental remediation and other proceedings commenced by government authorities, with certainty |
The outcome of some of these legal proceedings and other contingencies could require us to take or refrain from taking actions which could adversely affect our operations or could require us to pay substantial amounts of money |
Additionally, defending against these lawsuits and proceedings may involve significant expense and diversion of managementapstas attention and resources from other matters |
Our costs of doing business could increase as a result of changes in federal, state or local regulations |
Changes in the federal, state or local minimum wage or living wage requirements or changes in other wage or workplace regulations could increase our costs of doing business |
In addition, changes in federal, state or local regulations governing the sale of some of our products could increase our costs of doing business |