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FEDERAL JUDGE FINDS IN FAVOR OF THE HOME DEPOT CONCERNING COMPETITOR'S MISLEADING PRICING ADS

 LOS ANGELES, April 15 /PRNewswire/ -- A federal judge decided April 9 that certain Contractors' Warehouse advertisements are false and deceptive.
 The court found that ads claiming that Contractors' Warehouse sells products at prices lower than The Home Depot's are untrue, since they are based on price comparison of non-comparable items.
 The court also found that the ads misstated the price at which The Home Depot sells certain items. Accordingly, U.S. District Judge Dickran Tevrizian issued an order enjoining Contractors' Warehouse from "...comparing the price of a product sold or offered for sale at The Home Depot unless such products are identical...; or such products are comparable and Contractors' prominently and conspicuously discloses...the brands of the items being compared and the differences in quality and features of the items being compared."
 The order further prevents Contractors' Warehouse from "listing in any advertisement...the price of any product being sold by The Home Depot, unless that price is accurate on the date that such listing is disseminated to the public."
 "We are very pleased that the court has issued this order stopping Contractors' Warehouse from misleading the public through false advertising," said Bill Hamlin, president, Western Division, The Home Depot.
 "The Home Depot prides itself on offering high quality products at low, competitive prices."
 The Home Depot was represented by attorneys George S. Cary and Karen Breslow of the Los Angeles and Newport Beach law firm of Irell & Manella.
 The Home Depot is the nation's largest home center retailer, operating 224 stores in 21 states. Its stock is traded on the New York Stock Exchange under the symbol "HD" and is included in the Standard & Poor's 500 Index.
 -0- 4/15/93
 /CONTACT: Jerry Shields, senior public relations manager of The Home Depot, 404-431-2741/
 (HD)


CO: The Home Depot, Inc.; Contractors' Warehouse ST: California IN: REA SU:

BN-BR -- AT020 -- 6514 04/15/93 17:49 EDT
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Publication:PR Newswire
Date:Apr 15, 1993
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