Home Depot (HD)

Home Depot said Tuesday that for the fiscal third quarter period ended Nov. 1 it reported earnings of $689 million, or 41 cents per share, down from $756 million, or 45 cents per share, a year earlier. Revenue fell 8% to $16.36 billion; same-store sales dropped 6.9%.
Profit down, sales down, same-store sales down. None of that can really be looked at as good news. However, on the bright side, the drop in profit was less than analysts expected.

Nov 17 · 11:36:00 AM · Source: Company News
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by Larry Etter