Bob Nardelli Quotes (14 Quotes)

As we help empower consumers to reduce their energy costs through products and services, we also believe it is right for us to reduce our company's own consumption and help contribute to the country's energy conservation efforts at this time.

The Home Depot is beginning to gain traction from the transformational initiatives launched last year, ... We introduced new products, increased the overall inventory levels in our stores, and introduced a cohesive, nationwide marketing program. Collectively, these initiatives helped us perform through a tough environment.

We will harness and focus the power of the corporate workforce as never before to improve the communities where we live, work and play. We have a powerful resource in millions of people, corporate Americans, who now will have even greater support from their employers to learn to lead volunteer teams and touch countless lives.

Retail is a pretty simple business, but what adds complexity is the size and scale. We couldn't do it without technology.

Tom Taylor brings decades of company and retail experience to his new role. He has touched virtually every part of company and has in-depth knowledge of stores, products, associates, suppliers and customers. Tom has served in numerous leadership roles that have directly influenced merchandising and marketing efforts.

The home is the consumer's most important asset. Home ownership continues to grow and is an increasing benefit to us, ... Our (calendar) 2004 plan builds upon a strong strategic base and our financial strength positions us for future growth.

We are evolving into a company with multiple platforms for growth. Over time, we expect an increasing penetration of our businesses in the professional contractor space. Consistent with our growth strategy, you shouldn't be surprised when we make strategic acquisitions like National Waterworks.

The tough economy has put tremendous pressure on fourth-quarter sales performance and increased competition for share of the consumers' wallets, ... While home improvement is a high priority for our customers, they are also facing immediate and dramatic pressures in a number of areas, including record cold weather and rising energy costs, investment losses, higher interest rates and increasing consumer debt levels.

We thank Dick Brown for his five years of service and leadership, and his expertise in information technology.

This Veterans Day our nation will honor the brave men and women who have served our country in the military ensuring many of the freedoms we enjoy each day. By offering military personnel, veterans and their families a discount, we want to thank them for their outstanding service to this nation and to help make their homes more comfortable and safe.

Our thoughts are with everyone who has been affected by this tragic natural disaster. The Home Depot has an extensive history of providing support to our communities as they recover from natural disasters. Through these donations and future volunteer support from our associates, we will continue to play an integral role in our local communities and their rebuilding efforts during the upcoming months. As always, our associates shine their brightest when our communities face their darkest hours.

We have embarked on a transformation of The Home Depot from a young, decentralized business toward a more mature and balanced company with predictable and sustainable growth potential,

We continue to execute our growth strategy laid out five years ago to enhance our core retail business, extend our business into adjacent areas and expand into new markets.

This consolidation is an opportunity for Home Depot to better leverage operating efficiencies as we continue to grow our business,