We navigated the challenges of 2020 by aligning our decisions and actions to two of our most important values: doing the right thing and taking care of each other. We adjusted our business to promote safe shopping and working environments.
We grew the business by over $21 billion in fiscal 2020. This was enabled by investments we have made in the business, which provided us the agility and flexibility to execute in the dynamic operating environment, as well as the team’s solid execution and cross-functional alignment.
Respect for all people has always been one of our core values. In 2020, we enhanced our efforts with a focus on equity and renamed our program Diversity, Equity and Inclusion. In 2020, over 35% of our hires were women and nearly 53% were ethnically and racially diverse.
Nearly 90% of our store leaders started as hourly associates. We offer on-the-job training and development that help associates master their current roles and prepare for future positions. Our benefits and culture help support associates personally through programs like tuition assistance.
When our founders opened the first Home Depot store, they did so with a well-defined culture. More than 40 years later, our eight core values and our commitment to put associates and customers first are still the lens through which we view every decision.
In fiscal 2020, associates received record Success Sharing payments, our profit-sharing program for hourly associates. We also offered benefits like free unlimited emotional and mental health counseling, free medical advice, and extended dependent care benefits.
leading with our company values and culture throughout the pandemic and an unpredictable operating environment. He used the values to provide the lens through which we evaluated our decisions, and anchoring to them in a time of crisis was critical to our success.
In fiscal 2020, associates received record Success Sharing payments, our profit-sharing program for hourly associates. We also offered benefits like free unlimited emotional and mental health counseling, free medical advice, and extended dependent care benefits.
The Home Depot is the world's largest home improvement specialty retailer. At the end of the second quarter, the Company operated a total of 2,298 Home Depot retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2020, The Home Depot had sales of $132.1 billion and earnings of $12.9 billion. The Company employs approximately 500,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
2455 Paces Ferry Road Atlanta, GA
Retail
Craig Menear
10000 +
