Posted AT 7:16 AM EST on 26/02/08
Home Depot profit sinks
ATLANTA — — The Home Depot Inc. said Tuesday its fourth-quarter profit fell more than 27 per cent and a dour housing market contributed to the first annual sales decline for the world's largest home improvement store chain.
The results fell short of Wall Street expectations.
The Atlanta-based company said it earned $671-million (U.S.
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