Nov. 14, 2007 ― Home Depot 3Q Profits Drop 27 Percent
“Our
market continues to face into significant headwinds,” said Frank Blake, Home Depot chairman and CEO.
“Our
market continues to face into significant headwinds,” Frank Blake, chairman and
CEO, said during a conference call with analysts. “We started the year with a
more pessimistic view of the housing and home improvement markets than many. It
turns out we were not pessimistic enough.”