Why Home Depot Is Willing to Spend $2.8 Billion On Its Business in 2020

Home Depot (NYSE: HD) recently finished its fiscal 2019 in an impressive fashion. The home improvement retailer announced its strongest quarterly sales growth rate of the year while winning market share both in its stores and through its massive online selling platform.

In a conference call with Wall Street analysts, CEO Craig Menear and his team discussed the main reasons for that successful holiday period, and why they're optimistic that Home Depot can set further sales and earnings records in 2020. Let's look at some highlights from the call.

Image source: Getty Images.

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Source Fool.com