Home Depot Inc. Earnings: 3 Things to Watch
Home Depot (NYSE: HD) investors have pushed the stock to near record highs heading into the retailer's second-quarter earnings report. Here's what investors will be watching for when the home-improvement giant posts its results on Tuesday, Aug. 15.
It's a safe bet that the company will announce solid sales growth this week. After all, a rising housing market has powered 5% or better comparable-store sales in each of the last three years. Comps for its fiscal first quarter kept that impressive trend alive and implied continued market share gains. At 5.5%, its growth pace nearly triple rival Lowe's (NYSE: LOW) result.
Image source: Getty Images.
Source: Fool.com
Lowes Companies Inc. Aktie
224,40 €
1,15 %
Überwältigende Zustimmung für Lowes Companies Inc. mit ausschließlich Buy-Einschätzungen.
Die Community prognostiziert für Lowes Companies Inc. ein Kursziel von 239 €, was einen leichten Anstieg gegenüber 224.4 € darstellt.
