Home Depot (HD) is closing 15 stores. Removes 50 stores from future plans.
SEES Q1 PRETAX CHARGE OF $547M, Excluding the impact of this charge, the Company reiterated that its diluted earnings per share from continuing operations are expected to decline by 19-24% for fiscal 2008
There should not be any doubt that the housing crisis and the consumer recession is spreading to the broader economy.
