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.

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Source: Fool.com