For both Home Depot and Lowe’s, what was the biggest reason Net Earnings was significantly less than Net Sales? (In other words, for both companies, in running their operations, what cost the most?)

Answer rating: 100% (QA)

Despite the strong revenue gains investors sold both stocks in the wake of their earnings releases Home Depot shares recently trading at about 269 have gained 23 since the start of the year but have w... View the full answer