This question we need to compare 2020, 2019, 2018 please. I have attached the public annual reports that we need to compare for both Home
This question we need to compare 2020, 2019, 2018 please. I have attached the public annual reports that we need to compare for both Home Depot and Lowe's that include the numbers I believe we need.
The second image is Lowe's Annual financial report 2020 The first is Home Depot 2020
You can find the complete report for Home Depot which includes the numbers from 2018-2020 at this link
https://ir.homedepot.com/financial-reports/annual-reports/recent click on the 2020 PDF
The professor's question is this: Locate the annual report for Lowes and Home Depot. These can be obtained from either the company websites or from SEC.gov.
Submit a paper providing the following: I have attached what I could of these in the images below. You can find more at the sites I've given.
Provide an analysis of the two companies. This analysis should contain information about the industry, the companies and a financial analysis. The financial analysis will include information provided by ratio analysis comparing the two companies.
The most important question I want you to answer is: Which company would you invest in and why? The why being the most important. There is no right or wrong answer to the question of which company, the answer is right or wrong based on how you support your answer with the why.
k/Downloads/lowes-2020ar.pdf + T A FINANCIAL HIGHLIGHTS Dollars in millions, except per share data 2020 2019 2018 Net sales $ 89,597 $ 72,148 $ 71,309 Gross margin 33.01% 31.80% 32.12% Operating margin z 10.77% 8.75% 5.64% Net earnings 6.51% 5.93% 3.24% Diluted earnings per common share 7.75 5.49 $ 2.84 Adjusted diluted earnings per common share $ 8.86 5.74 S 5.11 Cash dividends per share S 2.30 $ 2.13 S 1.85 Total assets' $46,735 $ 39,471 $ 34,508 Shareholders' equity $ 1,437 $ 1,972 $ 3,644 Net cash provided by operating activities $ 11,049 $ 4,296 S 6,193 Capital expenditures $ 1,791 $ 1,484 S 1,174 Comparable sales increase' 26.1% 2.6% 2.2% Total customer transactions (in millions) 1,046 921 941 Average ticket' $ 85.67 $ 78.36 $ 75.79 Selling square feet (in millions) 208 208 209 Return on invested capital" 27.7% 19.9%% 11.2% Operating margin is 2020 results include costs associated with inventory write downs and other costs related to our strategic re of our Canadian operations. 2019 results include costs associated with the exit and ongoing wind-down of our Mexico retail operations as part of a strategic reassessment of our business. costs associated with the Company's decision to clase SA underperforming stores as part of a strategic review of our Canadian operations including inventory liquidation, accelerated depreciation and amortization, severance and other costs. 2018 results include a non-cash goodwill impairment charge associated with the Company's Canadian operations, long- lived asset impairment charges, discontinued project charges, and closing costs associated with Orchard Supply Hardware; long-lived asset impairment, and severance related costs associated with the Company's closure of 20 U.S. and $1 Canada locations: asset impairment charges associated with the Company's decision to exit its Mexico operations, long lived asset impairment, inventory write down, and other costs related to the decision to eat certain non- core activities, including Alacrity Renovation Services and Ins Smart Home; and severance costs associated with the elimination of the Project Specialists Interiors position. 2017 results includeExecutive Summary Results of Operations and Non-GAAP Measures Liquidity and Capital Resources Critical Accounting Policies Executive Summary Highlights of our annual financial performance follow: Fiscal Fiscal Fiscal dollars in millions, except per share data 2020 2019 2018 Net sales $ 132, 110 $ 110,225 $ 108,203 Net earnings 12,866 11,242 11,121 Diluted earnings per share $ 11.94 $ 10.25 $ 9.73 Net cash provided by operating activities $ 18,839 $ 13,687 $ 13, 165 Payments for businesses acquired, net 7,780 21 Proceeds from long-term debt, net of discounts and premiums 7,933 3,420 3,466 Repayments of long-term debt 2,872 1,070 1,209 Repurchases of common stock 791 6,965 9,963 Note: Fiscal 2020 and fiscal 2019 include 52 weeks. Fiscal 2018 includes 53 weeks. We reported net sales of $132.1 billion in fiscal 2020. Net earnings were $12.9 billion, or $11.94 per diluted share. We opened two new stores in Mexico and three new stores in the U.S. during fiscal 2020, for a total store count of 2,296 at January 31, 2021. At the end of fiscal 2020, a total of 309 of our stores, or 13.5%, were located in Canada and Mexico. Total sales per retail square foot were $543.74 in fiscal 2020. Our inventory turnover ratio was 5.8 times at the end of fiscal 2020, up from 4.9 times last year, driven by a significant increase in customer demand across core merchandising departments. We generated $18.8 billion of cash flow from operations and issued $7.9 billion of long-term debt, net of discounts and premiums, during fiscal 2020. These funds, together with cash on hand, were used to acquire HD Supply for net consideration of $7.8 billion, pay $6.5 billion of dividends, repay an aggregate of $2.9 billion of long-term debt, fund $2.5 billion in capital expenditures, repay $974 million of net short-term borrowings, and fund cash payments of
