North America’s Largest Woodworking Event | Tuesday–Friday | August 6–9, 2024

#IWFmorefor24

Industry & Trends

Lumber Now #4 Business for Home Depot

The home improvement giant has grown its revenue in this key category from its sixth largest classification to now its fourth biggest over the past decade.

Everyone knows Home Depot is the biggest retailer in the home improvement sector but a recent analysis of their business over the past decade shows a dramatic rise in the amount of revenue generated by their lumber sales, particularly as it relates to other merchandise classifications.

According to company reports, which break out the DIY chain’s sales by category, lumber was its fourth largest business in 2022, at $13.46 billion in annual revenue. As such, it only trailed indoor garden ($14.99 billion), appliances ($14.46 billion) and electrical and lighting ($13.75 billion). Plumbing ($12.60) rounded out the top five. 

Ten years ago, lumber was only the sixth largest merchandise category at Home Depot, with annual sales of $5.82 billion. The top five categories were electrical/lighting, indoor garden, paint, kitchen & bath and outdoor garden. 

Since 2013 overall company sales have nearly doubled from $78 billion to $157 billion in fiscal 2022.

BACK TO NEWS

More Industry & Trend News

  • Renovate Rather than Buy: American Homeowners

    May 22, 2024

  • New Energy Star NextGen Program Debuts

    May 22, 2024

  • Saving One Trillion Trees Isn’t as Easy as It Sounds

    May 22, 2024

Register to Attend

Be part of North America’s largest woodworking show and conference.

Register Now

Apply to Exhibit

Grow your business at the premier global woodworking trade show.

Exhibit at IWF 2024

Show Hours & Location

International Woodworking Fair
Tuesday–Friday
August 6–9, 2024

Tuesday–Thursday
8:30 AM–5:00 PM*
Friday
8:30 AM–2:00 PM*

*Building A opens 7:30 AM Tue-Fri

Georgia World Congress Center
285 Andrew Young International Blvd
Atlanta, GA 30313

Get Industry News & IWF Updates

Subscribe to IWF Network News.

Subscribe Now

Terms & Privacy Policy

© 2020 International Woodworking Fair, LLC Terms of Use & Privacy Policy

3520 Piedmont Rd NE #350, Atlanta GA 30305 | (404) 693-8333

 

Have questions about IWF? Check out our new AI chatbot and get info fast!

To get started, set your chat preference. Then click on the chat bar that appears in the lower right corner. Are you an Attendee or an Exhibitor?

Attendee Exhibitor

No Thanks

IWF 2024 Add to Calendar

Sync IWF 2024 with your favorite calendar program.

Notification Message

loading … please wait

Have Questions?

First let’s set your chat preference. Then, just click on the chat bar that appears. Are you an Attendee or an Exhibitor?

Attendee Exhibitor