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Topic: Business
Number of pages / Number of words: 6 / 1418
Essay's paper body

Behind the earnings dip: sales dropped to $19 billion, from $19.6 billion, as demand for home-building supplies like lumber and remodeling materials like paint tumbled. Home Depot’s Chief Financial Officer, Carol B. Tomer recently remarked that while they thought the housing market would be soft, they were not pessimistic enough...


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Tomer recently remarked that while they thought the housing market would be soft, they were not pessimistic enough. The belief is as they look at the rest of the year, the market will remain “soft.” A sluggish housing market is not the only problem for Home Depot. The chain has promised that, after years of cutting back on service, it would invest heavily in new employees and remodeling of stores...


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