"We're the largest home improvement company today, and we did $30 billion last year, or less than 10 percent of the total amount of building materials sold in the U.S. So when people ask, how much runway left does Home Depot have, it's an awful lot"
- Arthur Blank
About this Quote
In this quote, Arthur Blank, the co-founder of Home Depot, is highlighting the success and growth of the business. He specifies that Home Depot is presently the largest home improvement business and made $30 billion in income last year. Nevertheless, he also puts this number into perspective by mentioning that it is less than 10 percent of the overall amount of structure products offered in the United States. This reveals that there is still a lot of potential for Home Depot to continue growing and expanding. Blank concludes by stating that there is a considerable quantity of "runway" or opportunity for Home Depot to continue growing in the home enhancement market.
This quote is written / told by Arthur Blank somewhere between September 27, 1942 and today. He was a famous Businessman from USA.
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