In spite of all the changes Marvin & Co. has made, and continue to make daily, HD’s stock still more than doubles Lowe’s!
He continues to keep terminating Thousands upon Thousands of people, eliminating key roles and systems. All with the promise of how he is going to make things better. The question is better how? The customers aren’t better off, certainly the employees aren’t better off, and so far the stockholders aren’t better off!
Perhaps Q3 he can report false profits that are actually one time monies from his radical cuts and buy himself some more time.
How much longer will The Activist Investors on the Board give him?