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

To: Beltropolis Boy who wrote (522)	2/22/1999 11:21:00 PM
From: Linda Pearson	Read Replies (1) \| Respond to of 1169

The Wall Street Transcript Announces Investment Opinion on the Specialty Retail Industry newsalert.com <) An in-depth roundtable forum featuring three prominent analysts: John Glass of BT Alex. Brown, Mark Mandel of ABN AMRO, and Amy Ryan of Prudential Securities. The panel discusses consumer spending trends, growth factors, comp store sales, overseas expansion, pricing, and Internet retailing. While consumers won't accept price increases, leading retailers in specific sectors have become dominant, and are wielding pricing pressure, and demands for inventory increases, logistical supports, and new products upon vendors. Mandel states, "Sector leading companies like Home Depot (NYSE: HD) and Staples (Nasdaq: SPLS) are gaining increasing leverage over their vendors/suppliers as they become larger and larger." Because many segments are already duopolies, retailers are using acquisitions to address issues other than expansion or consolidation. Glass asserts, "As retailers are moving into non-retail segments, such as Staples into the office products group and perhaps Home Depot into the catalog business, for example, acquisitions are the way to go, and that's because these retailers lack experience in these areas. Plus, there's real brand value in the acquired names." >

To: Beltropolis Boy who wrote (522)	2/23/1999 8:05:00 AM
From: Xpiderman	Read Replies (1) \| Respond to of 1169

The Home Depot Reports 36% Increase in Fourth Quarter Net Earnings Fourth Quarter Sales Increase 27%; Comparable Store Sales Up 9% Annual Sales Exceed $30 Billion 13th Consecutive Year of Record Earnings The Home Depot today reported net EPS of $0.27 per diluted share, beat one cent above First Call estimate for Q4 FY 1998, up 36% from $0.20 per diluted share for the fourth quarter of fiscal 1997. Sales for the fourth quarter of fiscal 1998 totaled $7.258 billion, an increase of 27% from the fourth quarter of fiscal 1997. Comparable store sales for the fourth quarter of fiscal 1998 rose 9% from the same period last year. biz.yahoo.com