Our strategy is simple and straightforward: We are passionate about customer service. We are - and must continue to be - the number one authority on products in the home improvement market. And we will drive shareholder return through disciplined capital allocation.

Above all, we are a values-based business. The Home Depot was founded in 1979 when the U.S. was in the middle of a recession. Our values - taking care of our customers and taking care of our associates - speak even more powerfully in difficult times.

I hope as you spend time in our stores you will notice our continuing improvement.