SunTrust Robinson Humphrey Analyst Keith Hughes on Home Depot – Part 2 (11:57)
July 13, 2006—Keith Hughes, Director of Equity Research, SunTrust Robinson Humphrey, in the second part of a three-part series talks more about Home Depot and its earlier announcement saying it would no longer report same-store sales numbers. He also discusses the company’s floor covering operation, the problem areas he sees within the sector, including product selection and service problems, the recently announced resets in the floor covering departments at the company’s largest 500 locations and his views of the company’s free-standing flooring stores.