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1978

Bernie Marcus and Arthur Blank were fired from Handy Dan Home Improvement Centers.

1978

Financed by Ken Langone, the two teamed up with Ron Brill and Pat Farrah to co-found The Home Depot.

The proposition was to build hime-improvement superstores, larger than any of their competitors' facilities.

1979

The first two stores, built in spaces leased from J.C. Penney (originally Treasure Island stores) opened in metro Atlanta.

1981

Adopts Homer D. Poe as its official mascot.  (illustrated by Gwyn Raker)

1981

The Home Depot went public on the NASDAQ and raised $4.1 million.

1989

The Home Depot opens their 100th store and surpasses Lowe's as the largest home improvement store in the United States.

2000

Opens its e-commerce website with a test market in Las Vegas.

Home Depot stock has been one of the best long-term investments of the past 40 years.

2014

The Home Depot's payment systems were breached by hackers.

How are you building your portfolio? 

Home Depot (HD - Get Report) said diluted earnings for the three months ending on May 5 came in at $2.27 per share, up 9.13% from the same period last year and group revenues clocked in at $26.4 billion. 

Despite strong earnings, comparable sales at the retailer were impacted by poor weather in the quarter, coming in at 2.5% and missing estimates of 4.2%. 

For more on what's next for Home Depot, be sure to visit Real Money, where the stock is the featured Stock of the Day

History of the Home Improvement Giant

Ever wonder how Home Depot got its start? You might be surprised to learn that the founders actually got fired from their job at a home improvement center.  But, they got a second chance when they teamed up with billionaire investor Ken Langone to finance Home Depot. 

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