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ANNUAL REPORT 2019 - The Home Depot

ANNUAL REPORT 2019 Dear Shareholders: Fiscal 2019 was an exciting year for The Home Depot as we celebrated the 40th anniversary of our first store opening and continued our multi-year, accelerated investment program to create the One Home Depot experience. One Home Depot is the full realization of the interconnected, frictionless shopping experience that we started developing years ago. It will enable our customers to seamlessly blend the digital and physical worlds and was formulated using an entirely customer-back approach. The Home Depot already has a number of distinct competitive advantages in place.

supplier partners is critical. We continue to execute merchandising resets, both in-store and online, that refine assortments, introduce innovative product and improve visual merchandising to drive a better shopping experience for customers. Finally, over …

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