Overview Key strengths Key risks Multi-year business strategy, One Home Depot, should lead to continued solid operating momentum. Supply chain, freight and labor costs, inflation are headwinds. Strong cash flows provide liquidity support for business investments and shareholder returns. Potential execution risk associated with operational strategies amid slowing housing market. Good customer, product, and geographic diversity. Cyclicality in housing turnover remains a risk. Real estate ownership provides operating and financial flexibility. Online competition remains a viable threat. Largest home improvement retailer globally based on revenues. Continued strong demand for home improvement projects led to $43.8 billion of sales during quarter-ended July 31, 2022. The main driver was a 5.8% increase in comparable sales combined with larger ticket size. Ticket size