Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Home Depot Reports 2Q Loss
Aug 14, 2007
 Printable format
 Email this Article
 Search

Home improvement retailer Home Depot Inc. reported a 15% fall in second-period profit as sales fell short of expectations amid the softer U.S. housing market.

The company still expects per-share profit to decline as much as 18% this year and reiterated that it was in talks that could lower the price or possibly derail the sale of its HD Supply wholesale business.

Earnings fell to US$1.59 billion, or $0.81 a share, in the second quarter ended on July 29, from $1.86 billion, or $0.90 a share, a year earlier..

Sales fell 1.8% to $22.18 billion. Sales at stores open at least a year fell 5.2%.

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows