Home Depot Reports First Year-End Sales Decline
February 27, 2008
February 27, 2008
INDIANAPOLIS, Feb. 27 -- The North American Retail Hardware Association issued the following news release:
For the first time in company history, The Home Depot reported an annual sales decline. Sales for fiscal 2007 were $77.3 billion, 2.1 percent below fiscal 2006. Excluding the 53rd week, sales for fiscal 2007 decreased by 3.5 percent from fiscal 2006. Comparable-store sales for the year declined 6.7 percent.
For fiscal 2007, consolidated earnings per diluted sha . . .
For the first time in company history, The Home Depot reported an annual sales decline. Sales for fiscal 2007 were $77.3 billion, 2.1 percent below fiscal 2006. Excluding the 53rd week, sales for fiscal 2007 decreased by 3.5 percent from fiscal 2006. Comparable-store sales for the year declined 6.7 percent.
For fiscal 2007, consolidated earnings per diluted sha . . .