Home Depot profit drops, but an upswing is on the horizon
Home Depot today announced that its third-quarter profit was down 31% over the year before.
Home Depot Inc reported a 31% drop in quarterly profit on Tuesday as consumers put off big-ticket projects amid a deepening economic crisis.
But Home Depot’s fortunes are sure to improve beginning this week.
Home Depot set to open 60,000-square-foot store in New Minas
New Minas, a leisurely 30-minute drive from Nova Scotia Scott headquarters, bills itself as the “Shopping Mecca of the Annapolis Valley”. The town has no mosques, so apparently the strip malls and box stores will have to do.
Will the HRC jump on the use of Mecca to waste tax dollars on yet another perceived injustice?