Home Depot reports 4th-quarter loss of $54M (AP)

In this Jan. 29, 2009 file photo, a Home Depot employee assists a customer loading her car  in El Cerrito, Calif. Home Depot Inc., the nation's largest home improvement retailer, reported a fiscal fourth-quarter loss of $54 million Tuesday, Feb. 24, 2009, mostly due to its plan to shut its four smaller home-improvement brands, but adjusted results topped analysts' estimates. (AP Photo/Ben Margot, file)AP – The Home Depot Inc., which has suffered under the weight of the collapsing housing market, reported a fiscal fourth-quarter loss of $54 million Tuesday mostly due to its plan to shut its four smaller home-improvement brands.

CategoriesUS

Leave a Reply