Big-box estimates have edged down slightly as foot traffic declines and analysts worry about shoppers losing their appetite.
Home Depot Inc (NYSE:HD, ETR:HDI) is scheduled to release its third quarter earnings on November 18, with Bank of America analysts expecting a modest improvement in comparable store sales. According to Bank of America, model projections suggest a 1.3% increase in Q3 comps, slightly above the 1% reported in the second quarter.
Home improvement name Home Depot Inc (NYSE:HD) is gearing up for its third-quarter earnings report, due out before the open Tuesday, November 18.
HD's Q3 is set to highlight stable sales and earnings growth as the retailer leans on its integrated retail model amid margin pressure.
In the latest trading session, Home Depot (HD) closed at $374.24, marking a +1.03% move from the previous day.
Home Depot (HD) has quietly built a reputation not just as a home improvement giant, but as one of the market's most consistent wealth creators. While investors often focus on growth stories in tech or energy, the Atlanta-based retailer has been funneling extraordinary amounts of cash back to its shareholders year after year.
HD's tech upgrades, from AI-driven fulfillment to smarter in-store tools, are speeding deliveries and deepening customer loyalty.
Home Depot, Lowe's Companies, Masco, Medallion Financial, and Jewett-Cameron Trading are the five Home Improvement stocks to watch today, according to MarketBeat's stock screener tool. Home improvement stocks are equity securities of companies that manufacture, distribute, or retail products and services used in residential renovation, repair, and maintenance-such as home-center retailers, building-material suppliers, tool and
Home Depot's improved operational strategies, effective geographical diversification, and increased professional segment exposure can protect its sales and margins from headwinds. HD's robust fundamentals with stable cash levels ensure sustainable operations and dividends. Its valuation is still reasonably cheap with a logical target price at $422 using the Dividend Discount Model, which is close to the most recent high before the dip.
HD and LOW intensify their battle for dominance as Pro expansion, digital growth and efficiency shape the home improvement race.
HD is redefining fulfillment with AI-driven logistics, Pro-focused tools and acquisitions that link stores, digital platforms and job sites.
In the most recent trading session, Home Depot (HD) closed at $377.69, indicating a -1.59% shift from the previous trading day.