The Home Depot recently held its 2023 Investor Conference, showcasing its financial results for the fourth quarter and full year of 2023. The company reported sales of $152.7 billion in FY2023, a slight decrease from the previous year’s $157.4 billion. Operating Margin was 14.2% in FY2023, down from 15.3% in the previous year. Additionally, ROIC stood at 36.7% in FY2023, compared to 44.6% in the previous year.
The Home Depot Foundation, a philanthropic arm of the company, focuses on improving the homes and lives of U.S. veterans, training skilled tradespeople, and supporting communities impacted by natural disasters. The company’s commitment to corporate social responsibility is evident through its various initiatives.
For further details on the financial performance and initiatives of The Home Depot, visit their investor relations page. Stay informed about the company’s future endeavors and updates on its corporate social responsibility efforts.
Attribution:
This article was summarized and republished from the original source.
Please check the original article here: https://ir.homedepot.com/.