Home Depot Inc. (HD)

All Comments on HD

  • commenter
    retailforlif
    e
    Oct 10 10:01 PM
    Why I Sold Lowe's Short [view article]
    I work for one of the retailers menioned and I have made my monthly sales bonuses each month for the last 6 months. Soo if these cpmpanies are down in the market it isn't due to sales. If people aren't building new homes they are fixing up old ones I assume. Reply
  • commenter
    haveittodayr
    ay
    Oct 10 01:34 PM
    My Website
    Why I Sold Lowe's Short [view article]
    Both Home Depot and Lowes control the Home Improvement Business, people will always remodel their homes, some might delay it for awhile but its evitable. Many of the houses on the foreclosure market will need repairs, thus both will benefit. Their stocks are a great buy for the future under $20 per share and some are below 10 times earnings now, think long term and you will get huge profits. Reply
  • commenter
    Flooring Man
    Oct 10 12:50 PM
    My Website
    Why I Sold Lowe's Short [view article]
    As an employee of Lowes, I would have to fully disagree with this article. This article appears to be written by someone who has no knowledge of how the economy or markets work.

    Where I live, most of the Lowes stores are doing great. Lowes stores that are marginal are typically in buildings that Lowes purchased very cheap, yet still gaining profit. I like Lowes for those reasons. Look into the finer details like any good investor would do. Look at how a company thinks and conducts themselves. Soon Lowes willl knock HD off its block. HD will be closing stores while Lowes continues to strategically open them. Lowes is building in great developing areas where HD did too early. Lowes is jumping the gun in a good way to see that those HD's fail. And it will work based solely on great customer service. HD dumped that back in 2000.

    As I write this, Lowes stock is at $16 per share. I think that is great, because now i am buying more of it. Long-term, I will see huge gains.

    Remember, no matter what, there is a huge amount of people from current generations that will be buying homes soon. Including myself. Don't jump the gun like every other no-brainer and sell. That will be a costly mistake. Think long term, not short. I know it's hard for 85% of people to do that.     Reply
  • commenter
    User 52095
    Oct 10 10:07 AM
    Why I Sold Lowe's Short [view article]
    I feel sorry for people who own Lowes. The additional store building is a bluff.And the CEO should be put under oath when talking about fiture earnings.
    There will be fewer home owners in 2010 so where will they get their sales from - banks renovating distressed properties?     Reply
  • commenter
    Short_That_B
    itch
    Oct 10 02:18 AM
    Why I Sold Lowe's Short [view article]
    Lowes sucks ass - this is a fact. Just go into any store, and see the entropy. I am personally glad to short Lowes - and HD, and any other f*cked stock that deserves it. This economy needs a good brush fire right now... Reply
  • commenter
    Jim Heel
    Oct 09 09:01 PM
    Why I Sold Lowe's Short [view article]
    More propaganda from short seller's, True Lowes will have some declines
    in sales, But they will be around in 10 years...
    Good time to buy small positions in Company. Do not let the shorts kill this economy more!!!!     Reply
  • commenter
    ajhough
    Oct 09 07:05 PM
    Why I Sold Lowe's Short [view article]
    The Lowes here is still doing a really good business. But our banks are also still loaning money, financing various activities, and growing deposits. They are not involved in swaps, and CDO's, but banking. Houses are still being sold and bought. However, noone is going to a SPA in California. Reply
  • commenter
    Rick Shafer
    Oct 09 06:38 PM
    Why I Sold Lowe's Short [view article]
    Not sure I agree. As a department manager for a new Lowes store, I have seen an increasing amount of traffic over the past year as customers react to the housing market slump. While it is true that sales are not stellar, our gross sales on higher margin product such as nursery and seasonal goods is up as much as 20% over expected performance. Sales ARE down on lower margin raw materials like lumber etc but contractor sales are holding strong. Hard goods like appliances continue to be very strong. Lowes has reacted well in choosing to have a flexible product mix within the 'big box home improvement' theme. We ain't just another hardware store...My advice: buy! Reply
  • commenter
    andrew
    Abraham
    Oct 09 03:48 PM
    My Website
    Why I Sold Lowe's Short [view article]
    Good Idea to short it now..before you are not allowed as in the financials... btw.. what other suggestions might you have???? Seems the whole market is tanking? Let me and the members of myinvestorsplace.com know ... thanks Reply
  • commenter
    John Egan
    Oct 07 01:53 PM
    Dow Changes Since Last Time at 10,000 [view article]
    Or you could wait and maybe buy 20! jegan ;-) Reply
  • commenter
    Peppio
    Oct 06 09:49 PM
    My Website
    Dow Changes Since Last Time at 10,000 [view article]
    This maybe once in a life time opportunity for many people
    to buy shares on these big companies. Imagine with the same money, now I can buy 10 shares or more instead of just 1 share not that long ago.     Reply
  • commenter
    haveittodayr
    ay
    Oct 05 06:38 PM
    My Website
    Home Depot vs. Lowe's: Which is the Better Investment? [view article]
    Have worked for both companies in a manager position for many, many years. They are almost identical in operation, except Lowe's spends far too much time and effort in Sarbanes Oxley 404 compliance, with the operation side of the business. Home Depot, spends more time and focus on sales. Lowes stores are cleaner, wider ailses and much more easier to shop. They are both good companies, in the final analysis, its the management and employees of each store that make the difference for the customer. Never forget that customer have a choice, and they "vote" everyday where they want to shop at. If you want a customer for a lifetime, then it is necessary to exceed their expectations when they walk through the front door, its really as simple as that. Treat a customer like a guest in your home, roll out the red carpet for them, and they will be a loyal shopper for years to come. In most stores today, your an interruption, they are far too busy, doing tasks, ie, task oriented, rather then customer service oriented. The stores that realize this, will be the growth ones. Reply
  • commenter
    cjct
    Oct 02 04:53 PM
    Why Don't Earnings Matter Anymore? [view article]
    First of all stocks don't trade on history/past earnings they move on profit expectations. As of right now, earnings expectations are way to high for the entire commodities sector and will have to be adjusted downwards to reflect the fast-slowing global economy. Reply
  • commenter
    first hand
    opinion
    Sep 28 09:52 AM
    Home Depot vs. Lowe's: Which is the Better Investment? [view article]
    I'm going to use this blog as a personal forum, so skip it if you want, but it is valid. I work @ depot, and have for four years. When I started, the tenured associates thought Nardeli was the devil, and we were all glad to see him go, even though he got to take a truckload of cash and stock with him. We are all hopeful that the housing market will stabilize, and that our customers and associates will weather this downturn. There are more dedicated, thoughtful and hard working associates @ the Depot than anywhere else I have worked. The issue isn't the associates as much as the belief that cutting payroll is a good method for controlling expenses. We are outnumbered and unable to dedicate time and attention to everyone who needs it. We want to, and it is difficult to see someone not seem satisfied with the service provided, but 3 or 4 others are waiting for help and @ the end of the day you go home and know you've done all you could. Here's where the problem continues, everyone @ store level knows we need more staff hours, and I suspect that knowledge goes higher, way higher, but it is a fact denied in pursuit of the bottom line. No one wants to tell their supervisor, manager, ect. "Sorry boss, we just dont have the staff hours to handle your immediate project." That is not an option in a "get it done" environment like ours. Honestly, we want to be challenged, but not overwhelmed and set up to fail. If employees take the best care of the customers, the customers are loyal and happy and repeat business, the business will flourish and be able to take care of the employees. A simple formula that was working well and should be revisited. I hope someone with position and clout enough to do something reads this and is motivated. I like my job, but it needs improvement and maybe you can help.. Reply
  • commenter
    DepotManager
    Sep 26 08:53 PM
    Home Depot vs. Lowe's: Which is the Better Investment? [view article]
    I have no idea where the former employee who was complaining about his/her store manager is coming from (likely works at Lowe's). We test for drugs and alcohol all the time, and people are fired for failing these tests. There is a 1-800 number that any Associate can call to report problems like this, why didn't you use it? The call goes to the SSC, not the District or Region.

    Lowe's has a good store, but all they do is copy HD. They wait until we build something, then put their store across the street. HD has better people, better merchants, a better product, and Associates at the lowest level can deal with you on the price for volume purchases. Lowe's can't.

    On the financial side HD has anywhere from $500 million to $1 billion in cash on hand at any time (we can survive this downturn and come out stronger). We pay cash for things that Lowe's has to borrow for (like new stores). We are pretty much done building new stores in the USA, but we are expanding like crazy internationally (where the real growth is). We will be number 1 in China for the long run (they are building American style subdivisions there like crazy over there). We are number 1 in Canada and Mexico. We will be number 1 in South America, Lowe's will never get there. I doubt we will bother with Europe (margins are too low because of regulation).     Reply
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