Two CEO Champions
Management doesn't conquer all, but boy it can conquer a lot. This morning we saw terrific numbers from two retailers, Home Depot (HD) and Dick's Sporting Goods (DKS), and I have to tell you that much of what was good this quarter can be placed right at the feet of the people who run the companies. Home Depot's Frank Blake and Dick's' Ed Stack are two remarkable CEOs who are worthy of exuberant praise.
Home Depot's quarter shows a remarkable 2.9% increase in average ticket price, to $54.55, an important metric because it says that people are spending more on their houses than they did before. The average number of customers shopping at Home Depot showed a hefty increase, too....416 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
