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More on Home Depot's (HD) Q4: Comparable store sales were 5.7%, with U.S. stores increasing...

More on Home Depot's (HD) Q4: Comparable store sales were 5.7%, with U.S. stores increasing sales at 6.1%. Sees sales growth in 2012 of 4%, with low single-digit sales gains in comparable stores. Plans to add 11 new stores as part of $1.325B in capital spending this year. Shares +1.4% premarket. (PR)
Comments (1)
  • positivethoughts
    , contributor
    Comments (1811) | Send Message
     
    Only 11 new stores - market saturation by themselves and competitors. They have not expanded in China after buying The Home Way and have actually closed 5 stores in China. If you can't grow in China, you are doing something drastically wrong. Must say that customer service is much better than before, which will increase sales.
    21 Feb 2012, 09:00 AM Reply Like
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