Home Depot
Home Depot
One-line summary: US home-improvement retailer (NYSE: HD) whose Pro + exclusive house-brand mix (Acquired: industry estimates 15–25% of sales — Behr, Hampton Bay, Ryobi, Ridgid, Husky) sits on aging US housing stock rather than new construction.
What it is
The Home Depot, Inc. is the largest US home-improvement big-box. Acquired (Ben Gilbert / David Rosenthal, September 13, 2026) traces the founding through the housing-bubble years and the Pro / e-commerce / house-brand stack. From 2026-09-15-acquired-the-home-depot.
Why it matters to stock-market
New-construction names (NVR, DHI) live on a different spine (nvr-asset-light-exemption-homebuilder-pair-trade). HD's load-bearing claim in this ingest is repair/remodel on an aging housing stock, plus exclusive house brands as a Costco-Kirkland analog at a lower mix. That is the candidate chain on aging-housing-stock-to-home-depot-repair-spend — still hypothesis. Do not chase HD on a podcast alone.
Key facts
- Ticker: HD (NYSE). From 2026-09-15-acquired-the-home-depot.
- Exclusive / house brands: Behr paint, Hampton Bay lighting, Glacier Bay fixtures, Ryobi, Ridgid, Anvil, HDX, Ecosmart, Husky. Industry estimates 15–25% of sales; Costco Kirkland is ~1/3. HD does not currently disclose the mix. Median US home age 42 years (was ~23 from 1940–1980). ben-gilbert in 2026-09-15-acquired-the-home-depot.
- Pro + DIY dual offering; "more doing" click-and-collect for weekend jobs (grout-on-Sunday). From 2026-09-15-acquired-the-home-depot.
- FY2025 10-K (retrieved 2026-09-21). hd-20260201: Pros are a named customer group (SRS + GMS). Proprietary brands "generally carry higher margins than national brand products." Still no Pro % and no house-brand %. Do not invent mix. See aging-housing-stock-to-home-depot-repair-spend.
Open questions
- aging-housing-stock-to-home-depot-repair-spend
- nvr-asset-light-exemption-homebuilder-pair-trade — new construction, not this page.