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Joe Stocks

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Joe Stocks

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Tuesday, 11/19/2002 9:10:55 AM

Tuesday, November 19, 2002 9:10:55 AM

Post# of 704019
HD- Comp sales down 2%. I own a hardware store in Atlanta area. I find this interesting because HD has been raising their prices. LOW has also. Just from the price increases and inflation should have made it easier for them to show a positive comp increase. Total sales were up just 8%. HD was projecting 15% annual revenue growth. Wonder if we are seeing yet another sign that housing is slowing. Looking forward to see what the mortgage numbers are tomorrow.

Joe

Joe

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