Home Depot’s Focus on Growth Existing Stores Revenue

Home Depot’s Focus on Growth Existing Stores Revenue

Dramatic illustration of capacity for growth within your existing retail stores.

It begs the question – what price to understand your customer fully?

To drive home the point, Blake said that in the third quarter Home Depot boosted revenue at existing U.S. locations by about $2 billion, which would take years to match in an overseas expansion. The company generates about 89 percent of its sales in the U.S.

“A wildly successful venture into a foreign country might yield $2 billion in sales after a decade of effort,” Blake said in December. “Opportunity and capital efficiencies strongly argue for intense focus here.”

Read full article at Bloomberg:
Home Depot Profit Tops Estimates as Housing Spurs Sales