Congratulations to our customers working with The Home Depot! Last month, THD released it’s Q4 performance, reporting 7.5% growth in sales over the same period prior year. During the same period, our THD customers more than doubled that pace, posting a collective 16.3% increase in sales over the prior year. Long term sales growth guidance for THD as we go into 2018 is 4.5-6.0%. During the Q4 Conference call, THD highlighted it’s initiatives to increase same-day or next-day local delivery to consumers from the stores and increased pickup in-store for online orders. Targeted marketing and customer experience development is being aimed at high income baby boomers, first time home owner millennials, and a continued emphasis on pros (especially in Canada). As far as total year over year comps, Home Depot announced for fiscal year 2017 growth of 6.7%. Accelerated Analytics customers outperformed this number, growing on average a whopping 14%!
Accelerated Analytics can help you focus on the stores that matter most in these initiatives. Contact sales@acceleratedanalytics.com to setup a quick demo of how you can obtain reports to ensure you keep you finger on the pulse of your key retail partners’ major initiatives.
