But home depot remains active in pro customer retention and growth as well. Home depot and lowe s are both giants of the home improvement sector.
And home depot the biggest and youngest of the three was an ambitious upstart in in the 1970s.
Home depot vs the home depot. It s also worth mentioning that lowes has been in business 38 years ahead of home depot. Despite the many similarities between and strong competition between both stores there are yet some distinctive facts that are worth mentioning about each. Home depot has seen higher net sales than lowe s ever since.
The company began as a big box discounter and first outpaced lowe s sales in 1990 11 years after the first home depot locations opened. A major focus for the company s one home depot strategy a multiyear 11 billion investment is the professional contractor. Each operates more than 2 000 stores with more than 100 000 square feet of retail space.
Shop online for all your home improvement needs. In fiscal 2019 home depot reported 110 2 billion in revenue sales have grown in each of the last three full fiscal years for home depot with 2017 and 2018 seeing totals of 100. Appliances bathroom decorating ideas kitchen remodeling patio furniture power tools bbq grills carpeting lumber concrete lighting ceiling fans and more at the home depot.
Home depot stock went from 22 58 at the end of 2009 to 216 93 at the end of 2019 representing a. Below is a comparison between both stores. Learn what sets them apart from each.
From 2009 2019 home depot stock has grown at 1 7x the rate of lowe s.