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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (50269)1/19/2006 2:44:09 PM
From: mishedlo  Read Replies (2) of 110194
 
DJ Home Depot Plans 400-500 New Store Openings Next 5 Years
ATLANTA (Dow Jones)--Home Depot Inc. (HD) forecast annual sales growth of 9% to 12% over the next five years, citing its prospects in areas such as services, direct-to-consumer and the professional market.

In a press release Thursday, the home-supply retailer also said it plans to open 400 to 500 new stores in that time.

In addition, Home Depot raised its dividend 50% and backed its forecast for 2005 earnings.
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This will stupidly burn up a lot of cash
Mish
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