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Re: Sally77 post# 273775

Saturday, 06/30/2007 11:33:52 PM

Saturday, June 30, 2007 11:33:52 PM

Post# of 311080
Here are some stats for Home Depot as per their 2006 10K filing.
Gross profit .......... 32.8%
Net income B4 taxes ... 10.3%
Net income after taxes ... 6.3%

I believe that Home Depot can certainly buy much better than Sulja.
I also beleive that they have many more stores and revenue dollars over which to spread their overhead.
IMO if Sulja makes 10% Net income after taxes they are doing extremely well for a little lumberyard in a depressed area.
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