Home Depot Predicts Sales and Profits Rise For 2011

Home Depot is expecting both sales and profits to rise next year due in part to the retail conglomerate’s plan to open 10 new stores. The expectation is that sales will grow by over 2% while its operating margin will improve by 30 to 40 percentage points. Earnings per share are also expected to rise from its continued operations growth before share repurchases to somewhere in between 7% to 9%….Read More