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Non-Tech : Home Depot (HD)
HD 379.720.0%3:59 PM EDT

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To: Dennis who wrote (1128)1/2/2003 5:38:12 PM
From: Charles W. Breaux, Jr.  Read Replies (1) of 1169
 
The Home Depot Comments on Outlook for Fiscal 2002
Thursday, January 2, 2003 05:02 PM ET

ATLANTA, Jan. 2 /PRNewswire-FirstCall/ -- The Home Depot (NYSE: HD, news), the world's largest home improvement retailer, today announced that it is revising its diluted earnings per share guidance for the fiscal year ending February 2, 2003 from $1.57 to between $1.53 and $1.55. The change in earnings per share outlook is due to slowing sales during the month of December, which lowered the company's expectation of a decline in comparable store sales in the fourth quarter to as much as 10 percent versus previously provided guidance of a decline of between three and five percent.


quicken.com

Chuck
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