Home Depot Earnings: What to Watch

Investors have some conflicting signals heading into Home Depot's (NYSE: HD) third-quarter earnings report next week.

On one hand, industry demand has soared through the pandemic, and the housing market is staying strong. On the other, warning lights are blinking on fundamental metrics like unemployment and economic growth trends. At the same time, Home Depot has had to face market share challenges from industry veterans like Lowe's (NYSE: LOW) and from new entrants like Wayfair (NYSE: W).

This good/bad situation sets up an important earnings report from the industry leader on Tuesday, Nov. 17, that should capture investors' attention. Let's take a look at a few key metrics to follow in that announcement.

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Source Fool.com