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Non-Tech : Home Depot (HD) -- Ignore unavailable to you. Want to Upgrade?

To: Xpiderman who wrote (149)	4/30/1998 9:01:00 AM
From: Tom Gebing	Respond to of 1169

The purchase of the remaining 25% is good news... With the request for an increase in shares being made by the company, IMHO, this spells forthcoming split. If so, look for an announcement at the annual meeting or at earnings release. Late May in any event. Good luck to all......Been a long since 1982......and loving it.... Tom

To: Xpiderman who wrote (149)	5/19/1998 10:11:00 AM
From: Sonki	Read Replies (1) \| Respond to of 1169

Home Depot Q1 beats estimates on sales rise...new HI @74? i guess el nino and all those new homes in CAlif are helping out? biz.yahoo.com Home Depot Q1 beats estimates on sales rise ATLANTA, May 19 (Reuters) - Home Depot Tuesday reported better-than-expected first-quarter earnings, as the home improvement retailer increased same-store sales seven percent in the quarter. Home Depot rung up $337 million in profits, or $0.45 a share, on $7.1 billion in sales in the quarter. The results beat Wall Street estimates of $0.42 a share and the company's $259 million profit, or $0.35 a share, on $5.7 billion in sales in the 1997 quarter. The company, which opened 32 new stores in the quarter, now operates 656 stores, made up of 613 Home Depot stores and 6 EXPO Design Centers in the U.S. and 37 Home Depot stores in Canada. The stores had a combined 70 million square feet of selling space at the quarter's end, compared with 57 million square feet a year ago.