Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.

Home Depot is the world's largest home improvement retailer, with sales of $153 billion for the fiscal year ended January 28, 2024. The company, which is based in Atlanta, sells appliances, tools, paint, lumber, plumbing, electrical, garden and other home-improvement supplies in warehouse-sized stores that average 104,000 enclosed square feet and an additional 24,000 in the outside garden department. About 37% of sales came from building materials (electrical, lumber, plumbing); 33% from decor (appliances, flooring, kitchen, bath, paint) and 30% from hardlines (hardware, tools garden). The company's total selling space is about 240 million square feet. At the end of FY24, Home Depot had 2,335 stores. Approximately 28% of U.S. stores are in California, Florida and Texas. About 8% of the stores are in Canada and 4% are in Mexico. The company's fiscal year ends on the Sunday nearest to January 31. The current fiscal 2025 has 53 weeks.

At midday Wednesday, the major benchmarks were broadly higher amid a softer consumer inflation print for April and lower bond yields. The Consumer Price Index rose 0.3% in April, lower than the 0.4% consensus and matching the prior month's 0.3% increase. The year-over-year figure came in at 3.4%, in line with the consensus. Shelter inflation remained elevated in April, rising 5.5% on an annual basis, with higher interest rates making housing less affordable. Prices for gas and insurance also remained on the high side from the prior month, while consumers got some relief from falling prices for new and used cars as well as household furnishings. After three consecutive monthly consumer inflation readings above expectations, the April report is a reprieve, although the Federal Reserve has said it will be looking for a consistent trend toward the 2% annualized level before lowering interest rates. Elsewhere, the Department of Commerce reported that retail sales in April were flat with the prior month, below the 0.4% consensus and the prior month's 0.6% pace. Pulling out auto and gas sales, the figure actually declined 0.1%. Some of the culprits were non-store retailers and sporting goods/hobby stores, which saw declines around 1%. The report continues a recent string of softer economic reports, including less job creation in April, with consumers now moderating spending a bit.

Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.