Monday, May 21, 2007

Home Depot, Lowe's Sucker Punched by Lethargic Housing Market

The net profits of American home improvement chain store market leader Home Depot fell 30% in Q1. Lowe's net profit declined 12% during the same period.

It's not because of the housing market crash, people!

Come on! Stop the insane negativity already!

Poor weather in the first quarter significantly affected these declines!

4 comments:

Ruined Invegas said...

Nice picture....

Like the blog.

Rich Hodge said...

HAHA great picture

shtove said...

LOL!

covered said...

Same excuse for all retailers every quarter. GREAT PIC!!!