HOME DEPOT INC
For the period ended Apr 28, 2024. Filed May 21, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 28, 2024 · Filed May 21, 2024
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Item 5. Other Information
Trading Arrangements
During the fiscal quarter ended April 28, 2024, no director or officer of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of the SEC’s Regulation S-K.
Change in Prior Period Presentation
As discussed in Note 2 to our consolidated financial statements, during the first quarter of fiscal 2024, we made certain changes to our merchandising department structure that had no impact on our consolidated net sales. These changes realign certain merchandising departments across our three major product lines. As a result, we have updated our net sales by major product line and net sales by merchandising department disclosures from our 2023 Form 10-K to reclassify prior year amounts to conform with the presentation adopted in the current fiscal year. These updated disclosures are reflected below.
| Fiscal Q1 2024 Form 10-Q | 19 |
|---|
The following table presents net sales by major product line (and related services):
| Fiscal | Fiscal | Fiscal | |
|---|---|---|---|
| in millions | 2023 | 2022 | 2021 |
| Building Materials | $52,661 | $54,572 | $50,045 |
| Décor | 51,945 | 54,442 | 52,106 |
| Hardlines | 48,063 | 48,389 | 49,006 |
| Net sales | $152,669 | $157,403 | $151,157 |
The following table presents net sales by merchandising department (and related services):
| Fiscal · Fiscal · Fiscal | ||||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | 2021 | ||||
| dollars in millions | NetSales | % of Net Sales | NetSales | % of Net Sales | NetSales | % of Net Sales |
| Appliances | $13,917 | 9.1% | $14,521 | 9.2% | $14,157 | 9.4% |
| Bath | 6,630 | 4.3 | 6,855 | 4.4 | 6,595 | 4.4 |
| Building Materials | 12,118 | 7.9 | 11,410 | 7.2 | 9,972 | 6.6 |
| Electrical | 8,038 | 5.3 | 8,824 | 5.6 | 8,261 | 5.5 |
| Flooring | 8,762 | 5.7 | 9,198 | 5.8 | 9,236 | 6.1 |
| Hardware | 9,010 | 5.9 | 8,953 | 5.7 | 8,776 | 5.8 |
| Indoor Garden | 10,283 | 6.7 | 10,105 | 6.4 | 10,900 | 7.2 |
| Kitchen & Blinds | 7,154 | 4.7 | 7,751 | 4.9 | 6,636 | 4.4 |
| Lighting | 4,531 | 3.0 | 5,036 | 3.2 | 5,132 | 3.4 |
| Lumber | 11,721 | 7.7 | 13,436 | 8.5 | 13,343 | 8.8 |
| Millwork | 8,301 | 5.4 | 8,428 | 5.4 | 7,408 | 4.9 |
| Outdoor Garden | 10,278 | 6.7 | 10,039 | 6.4 | 10,321 | 6.8 |
| Paint | 10,951 | 7.2 | 11,081 | 7.0 | 10,350 | 6.8 |
| Plumbing | 12,483 | 8.2 | 12,474 | 7.9 | 11,061 | 7.3 |
| Power | 12,864 | 8.4 | 13,271 | 8.4 | 13,687 | 9.1 |
| Storage & Organization | 5,628 | 3.7 | 6,021 | 3.8 | 5,322 | 3.5 |
| Total | $152,669 | 100.0% | $157,403 | 100.0% | $151,157 | 100.0% |
Note: Certain percentages may not sum to totals due to rounding.
| Fiscal Q1 2024 Form 10-Q | 20 |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.