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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2081 |
Essay's paper body
The company operates in the home improvement retail industry. The company has 10,000,000 shares authorized in which 2,421,000 are issued and 1,970,000 are outstanding.
In February 2007 Home Depot announced a number of initiatives it said are aimed at improving shopper experience, including spending $865 million on programs such as maintenance and merchandising reset programs to keep stores clean and uncluttered, and $275 million on logistics improvements to improve product availability...
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It also says with the slump in the housing market the industry is taking a beating and doesn't plan a recovery until 2008. We can expect that Home Depot will have lower earnings this year, but this maybe great news for investors because you can expect for market prices to lower but still gain a solid investment when looking at the housing market trends over the last 30 years which seem to always bounce back...
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