New York Post (Free subscription) | 20/08/2008
Home Depot said profit fell 24 percent after US consumers grappling with the worst housing slump since the 1930s cut spending. The world's largest home-improvement retailer forecast a 24 percent earnings decline for the year, indicating sales will...
Red Orbit (Free subscription) | yesterday
CHICAGO - The Home Depot Inc. said Tuesday that its second- quarter profit sank 24 percent and reiterated its downbeat outlook for the year amid a weak housing market that shows no signs of recovery. For the three months ending Aug.
Market Wire - Investment Opinion (Free subscription) | 20/08/2008
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Dr Pepper Snapple Group Inc. (NYSE: DPS), The Home Depot Inc....
Business Week (Free subscription) | 20/08/2008
July-quarter EPS of $0.71, vs. $0.77, is $0.08 higher than our estimate, driven primarily by cost control we view as impressive. Comp-store sales declined 7.9%, slightly better than our projection of a 9.0% decline, as sales benefited from the fiscal stimulus tax rebates. While sales comparisons should ease in the back half of fiscal year 2009 (January), we expect continued weakness in housing along...
Orlando Sentinel (Free subscription) | 20/08/2008
The Home Depot Inc. said Tuesday that its second-quarter profit sank 24 percent and reiterated its downbeat outlook for the year amid a weak housing market that shows no signs of recovery. For the three months ending Aug. 3, the nation's largest home improvement chain said its net income fell to $1.2 billion, or 71 cents a share. Revenue slid 5.4 percent to $21 billion, down from $22.2 billion last...
Beale Street Beat (Free subscription) | yesterday
On the ESPN networks tonight, their “Primetime Thursday” series is at the Home Depot Center to showcase an intriguing match…the Galaxy coaching debut of Bruce Arena, the winningest coach of the USMNT , who prior to that had guided DC United during their early years with great success… Although Landon Donovan played just last night (for the [...]
Sideline Views (Free subscription) | yesterday
They both played Wednesday, both a manageable distance away and both will be at Home Depot Center tonight. But who stands a better chance of playing - Chicago's Cuauhtemoc Blanco or the Galaxy's Landon Donovan? We know David Beckham won't be there. He's off in China for the Olympics closing ceremony. Blanco played the final 20 minutes for Mexico. Donovan played the entire game in Guatemala. The Galaxy...
LAist (Free subscription) | yesterday
Going to the Warped Tour is kinda like a combination between going to Disneyland and Las Vegas in the same day. A crowd of people, young and old converged upon Home Depot Center in Carson for the final show of the tour then scattered in all directions once the gates opened. The choices included watching a live band at one of nine stages or visiting one of many swap meet style vendor booths to buy...
Seeking Alpha (Free subscription) | yesterday
FP Trading Desk submits: The do-it-yourself home improvement market received a bit of a reprieve in the second quarter from a combination of better weather and fiscal stimulus and that could give a lift to Home Depot Inc (HD). and Lowe’s Cos. (LOW) in the near term, according to analyst Matthew Fassler of Goldman Sachs. “Better fundamentals will continue to face off against macro headwinds; tangible...
Hog On Ice (Free subscription) | yesterday
New Faucet I went to Home Depot and bought a new kitchen faucet; the old one was dripping into the cabinet and encouraging the ants and roaches. They had various wrenches to use on faucet parts. They had a $30...
Drudge Retort (Free subscription) | 20/08/2008
Some Ikea, Home Depot and Office Depot stores around the U.S. are setting aside coveted parking close to the door for fuel-efficient hybrids.
Curbed SF (Free subscription) | 20/08/2008
Now that lenders have stopped handing out mortgages to everything on two legs, homeowners are spending their money on new toilets and bath tiles instead — according to some penetrating new market analysis. Home Depot, whose bottom line has been...
brownstoner (Free subscription) | 20/08/2008
Three things this one-bedroom co-op at 123 Henry Street has going for it: (1) Good location; (2) Nice casement windows; (3) Decent floorplan. Negatives: (1) Zero architectural detail; (2) Home Depot-esque kitchen. Oh, the kitchen. Why do people persist...
Houston Chronicle (Free subscription) | 20/08/2008
From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office supplier Staples, consumers are pulling back, and that's hurting retailers.
Seattle Times (Free subscription) | 20/08/2008
From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office-supplier Staples, consumers are pulling back, and that's hurting retailers and raising more concerns about how they'll do the rest of the year. .
