Insight Report 6 minutes PremiumTakeaways from the Home Depot 2017 Investor and Analyst Conference Coresight Research December 7, 2017 Executive SummaryHome Depot held its annual Investor and Analyst Conference on December 6 in Boston, MA. The company reaffirmed its fiscal 2017 financial guidance. It expects total sales to increase by 6.3% year over year and comparable sales to increase by 6.5%. Management discussed three main strategic priorities: enhancing the customer experience, positioning for the future and creating value for shareholders. The retailer plans to accelerate investments in its business over the next three years as it pursues a new target of almost $120 billion in annual sales. Home Depot plans to increase investment in its supply chain and delivery capabilities, employees, stores, online business, and customer experience. The company is investing $1.2 billion in its supply chain from 2018 to 2022. Management said it will increase annual capital expenditure through 2020 to a level that represents about 2.5% of sales, above the 1.7%–1.8% average over the past four years. The company announced a $15 billion share repurchase program that will replace its previous authorization. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Analyst Corner—Profit Potential for Preloved Products? A View of the US Fashion Resale Market with Sunny ZhengFive Things To Know About Generative AI in ChinaNovember 2023 China Retail Sales: Growth Continues To StrengthenStore Openings and Closures 2023 Review and 2024 Outlook: US and UK Store Tracker Extra—Infographic