I had a request for a small plywood project. I went to Home Depot and bought a 1/4" x 2' x 4' panel. 1/4" thick, at least that's what it said on the sticker, the ones they always put on the good side and they are damn near impossible to remove.
I cut the sheet in half to 1' x 4' and tried to clamp it down with my clamps designed for 1/4" material. The clamps couldn't do it. The material was only .187 - 3/16" thick. Good thing I noticed this before cutting. My cut was set to .2", it would have gone all the way through and ruined the project.
I've had bad plywood experiences before at Home Depot but now I know you can't even trust the labels.
Phil