STAFDA tees up sports stars
STAFDA’s 37th Annual Convention & Trade Show, coming to Las Vegas Nov. 11-13, will feature a distinguished panel of stars from the world of sports during its General Session.
ESPN’s Roy Firestone will interview Terry Bradshaw, Jim Calhoun and Tony LaRussa during the session on team building, leadership and motivation.
Bradshaw is a Super Bowl champion quarterback and sports commentator. Calhoun is a hall-of-fame college basketball coach, and Larussa is a World Series champion baseball manager.
The STAFDA event will take place at the Mandalay Bay Resort & Casino.
Home Depot keeps rolling in first quarter
Atlanta-based The Home Depot reported first-quarter sales of $19.1 billion, up 7.4% from last year’s quarter, which had one less week.
On a like-for-like basis, comparable-store sales for the first quarter were positive 4.3%. U.S. stores comps were positive 4.8%, also on a like-for-like basis.
Cold weather across much of the country hurt spring sales for the home improvement industry, and Home Depot also felt the chill. But the world’s largest home improvement retailer still grew profits and sales. Net earnings for the quarter were $1.2 billion, up from $1.0 billion in the first quarter last year.
"In the first quarter, we saw less favorable weather compared to last year, but we continue to see benefit from a recovering housing market that drove a stronger-than-expeted start to the year for our business," said Frank Blake, chairman and CEO.
The company also raised its fiscal 2013 sales guidance. It now expects sales to be up about 2.8% for the year, with comp-store sales up about 4.0% for the year.