Home Depot reports its sales were off 5.4% in the second quarter, compared to the same period of 2007, at $21.0 billion. Same store sales dipped 7.9% for the period. Through the first six months of its fiscal year, sales for the Atlanta based giant were down 4.5% at $40.7 billion.
Lowe's sales for the second quarter were up 2.4% to $14.5 billion, with same store sales down 5.3%. For the first half, Lowe's sales hit $26.5 billion, a 0.7% increase over the first half of 2007.