Tuesday, May 19, 2009

WITH HOUSING TURN AROUND WILL COME RETAIL SALES AND JOBS

This is just the beginning. With all these homes selling that are in need of repair, Home Depot and lowe's are going to be increasing sales and profits. We are moving in the right direction.

Just my opinion...Jeff Cameron

Depot Profit Rises on Cost Cuts

By: Reuters 19 May 2009 07:50 AM ET
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Home Depot's quarterly profit beat Wall Street estimates on Tuesday as the world's largest home improvement chain reined in expenses.

Home Depot Store
Neubie
Home Depot Store

The results came the day after rival Lowe's reported better-than-expected quarterly earnings as it saw some strength in outdoor projects during the spring, even though consumers still kept away big-ticket home renovations.

Read the rest of the story: http://www.cnbc.com/id/30819686

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