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Retail Productivity
Home Depot’s Sales, Comparable Stores & Pro Strategy
Learn how to read retail growth, comparable sales, margins, inventory and acquisition effects using Home Depot’s fiscal 2024 results. Fiscal year ended February 2, 2025 (53 weeks), compared with fiscal 2023 ended January 28, 2024 (52 weeks); USD millions unless stated. The fiscal 2024 Form 10-K and results release were cross-checked. Fiscal 2024 contained 53 weeks and included SRS after its June 2024 acquisition; comparisons must preserve both effects.
What you will learn
- Separate total sales from comparable sales.
- Explain transaction, ticket and calendar effects.
- Calculate operating margin and inventory productivity.
- Distinguish organic performance from acquisition contribution.
- Build a balanced retail-growth decision.