Home Depot vs Lowes

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Company Background: The Home Depot, Inc. (NYSE: HD) Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank. These founders envisioned providing one-stop shopping for the “do-it-yourselfer,” and this vision became a reality after working with investment banker Ken Lagone and merchandising expert, Pat Farrah. The first two stores were opened on June 22, 1979, in Atlanta, GA. These first stores were approximately 60,000 square feet in size each, and stocked 25,000 products, which made the stores drastically larger than any competitor or hardware store at that time. In addition to offering more products than competitors, store associates were also expected to offer the best customer service in the industry. Associates at…show more content…
When examining the working capital and current ratios of both organizations, they display growth and stability. Home Depot shows a slight reduction when calculating the cash and quick ratios which shows that there is a slight retrenchment, as their cash declined from 2010 to 2011. Conversely, Lowe’s increased its cash, and showed growth through these ratios. Lowe’s has displayed more growth and stability compared to Home

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