Why Is Everyone Talking About Home Depot?
Home Depot (NYSE: HD) reported fiscal 2022 second-quarter financial results on Tuesday, Aug. 16. Impressively, the home improvement retailer reported its highest quarterly sales and earnings in the company's history.
Sales soared for Home Depot at the pandemic's onset when it was deemed an essential retailer and allowed to stay open. That coincided with consumers staying home more often and looking to improve their homes.
Surprisingly, Home Depot has sustained its elevated performance for the last couple of years despite the economic reopening and changing consumer behavior. Let's see why.
Source Fool.com