Income Statments

Home Depot, Lowe's and the British company Wolseley are three of the major companies in the building materials retailing industry. This paper will compare the revenues of these three companies over the past five years to gain a sense of how they have been performing. The prevailing economic conditions have been negative for the industry, since the industry is heavily dependent on the health of the housing market (Isidore, 2012). With only in recent months there having been signs of improvement in the U.S. housing market, none of these companies are expected to have enjoyed much success over the course of the past five years. This paper will, using income statement data, analyze how well each of these companies has weathered the economic downturn.

Home Depot

Home Depot earned revenues of $70.395 billion in FY 2012, an increase of 3.5% over the previous year. However, the current level...
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