Home Depot Sets Targets for 2011
December 8, 2010,
ATLANTA-The Home Depot said it expects its net sales to increase between 2 and 2.5 percent next year.
The projection is one of a list of goals the home-improvement retailer outlined in a statement issued this morning. The company also said it expects same-store sales growth in the low single digits, 10 new store openings and "moderate" expansion in both gross margin and expense leverage.
Other Articles By Author
Patti Carpenter Talks Color and its Importance in the Home
HFN's DIGITAL EDITION
COVER STORY: Sharpening the Focus on Millennials
Find out what makes Millennials tick when it comes to home decorating, shopping and at-home entertaining with HFN's annual consumer study. Turns out, Millennials favor the in-store shopping experience.
ALSO IN THIS ISSUE:
- Power of the People - Crowdfunding campaigns provide needed capital, feedback for home and housewares product launches.
- Omnichannel Retailing: Visual Search Takes Off - Learn how voice and visual search are revolutionizing product discovery.