What to Expect From Home Depot Inc. in 2018
Fiscal 2017 has been good for Home Depot (NYSE: HD) -- and its shareholders. Sales are on pace to rise by over 6% even though management initially targeted just a 4.6% increase. Earnings should improve by 14% to trounce the company's original 10.5% goal.
These numbers help explain why Home Depot's stock is one of the best-performing members of the Dow today. The 28% spike year to date has also left rival Lowe's (NYSE: LOW) far behind.
Source: Fool.com