Tight credit, a dormant housing market, and near-double digit unemployment have put a damper on Home Depot's revenue growth. In an effort to boost sales this spring, the company slashed prices on many of its plant and patio furniture offerings and turned up the star wattage of its vendors, striking a deal with Martha Stewart to sell branded paint and other home accoutrements. CEO Frank Blake also is slowing down Home Depot's expansion plans -- the retailer will open only a dozen new stores this year, compared with the hundred-plus it used to add in years past -- and focusing on customer service, something its rival Lowe's is better known for. --P.N. |
| Key financials |
$ millions |
% change
from 2008 |
| Revenues |
66,176.0 |
-7.2 |
| Profits |
2,661.0 |
17.7 |
| Assets |
40,877.0 |
— |
| Stockholders' equity |
19,393.0 |
— |
| Market value (3/26/2010) |
55,457.0 |
— |
| Profits as % of |
|
| Revenues |
4.0 |
| Assets |
6.5 |
| Stockholders' equity |
13.7 |
| Earnings per share |
|
| 2009 $ |
1.57 |
| % change from 2008 |
17.2 |
| 1999-2009 annual growth rate % |
4.6 |
| Total return to investors |
% |
| 2009 |
30.1 |
| 1999-2009 annual rate |
-6.9 |
| 4 | Best Buy | 45 | 45,015.0 | | 5 | Staples | 101 | 24,275.5 | | 6 | TJX | 119 | 20,288.4 | | 7 | Gap | 162 | 14,197.0 | | 8 | Toys "R" Us | 171 | 13,568.0 | | 9 | Office Depot | 192 | 12,144.5 | | 10 | BJ's Wholesale Club | 232 | 10,187.0 | | 11 | GameStop | 255 | 9,078.0 | | 12 | Limited Brands | 269 | 8,632.5 | | 13 | OfficeMax | 313 | 7,212.1 | | 14 | Bed Bath & Beyond | 314 | 7,208.3 | | 15 | Ross Stores | 316 | 7,184.2 | | 16 | AutoZone | 329 | 6,816.8 | | 17 | Barnes & Noble | 372 | 5,596.3 | | 18 | Pantry | 382 | 5,472.0 | | 19 | Advance Auto Parts | 389 | 5,412.6 | | 20 | PetSmart | 393 | 5,336.4 | | 21 | Dollar Tree | 397 | 5,231.2 | | 22 | Foot Locker | 428 | 4,854.0 | | 23 | O'Reilly Automotive | 429 | 4,847.1 | | 24 | Big Lots | 436 | 4,726.8 | | 25 | TravelCenters of America | 440 | 4,699.8 | | 26 | Dick's Sporting Goods | 466 | 4,412.8 | | 27 | RadioShack | 481 | 4,276.0 | | 28 | Casey's General Stores | 485 | 4,251.5 | | 29 | Blockbuster | 500 | 4,161.8 |
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Interactives
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See how revenues and profits at America's 25 largest companies have risen and fallen over the past decade.
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From a single store in 1962 to more than 4,300 outlets today, see how the biggest retailer has expanded.
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