The world’s largest home improvement retailer Home Depot (NYSE:HD) is warming up for the upcoming spring season, the busiest selling season for home improvement retailers with strong demand for outdoor products, maintenance and repair. To give a head start to tapping upcoming market demand, Home Depot will be hire more than 70,000 temporary employees starting February. Last quarter, Home Depot continued to out-perform its largest competitor Lowe’s (NYSE:LOW) despite the still weak housing market with robust business in its core maintenance and repair segments. Its big-ticket ($900+) sales also grew at a decent 3.6%. Read More »
Articles for Home Depot
Home Depot Updates: Prepares For the Busy Spring Season
Graph ItNEW!Wednesday, January 18th, 2012 by Trefis Team
Home Depot on Track to Hit Sales Target, $40 Fair Value
Graph ItNEW!Tuesday, December 13th, 2011 by Trefis Team
Home Depot (NYSE:HD) has held up well despite the sluggish growth in the U.S. housing market. In its latest quarterly results, Home Depot outperformed its closest competitor Lowe’s (NYSE:LOW) registering comparable store sales of 4.2% y-o-y, driven by more spending on maintenance and repair items and supported by storm-related sales. With good customer service and competitive pricing of products, Home Depot is well on track to increase its sales by 2.5% for fiscal 2011 – an outlook it maintained the past two quarters. We expect Home Depot’s market share in plumbing, electrical and kitchen products will improve further as it continues to outperform Lowe’s.
Home Depot & Lowe’s Jump as Home Improvement Spending Climbs
Graph ItNEW!Wednesday, December 7th, 2011 by Trefis Team
After several quarters of subdued sales, recent signs of stabilizing housing market and an improvement in private residential fixed investments have provided upside to the business outlook of home improvement retailers Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW). As a result, S&P’s 500 Home Improvement Retailer Index has risen 36% over the last three months, out-performing Consumer Discretionary Index that grew just 10% during the same period.
Home Depot Outshines Lowe’s on Maintenance & Repair Spending
Graph ItNEW!Thursday, November 17th, 2011 by Trefis Team
The world’s largest retailer of home improvement products, Home Depot (NYSE:HD) announced its Q3 results and continued to out-perform its largest competitor Lowe’s (NYSE:LOW) that has been lagging behind Home Depot over the past few quarters. Despite continued weakness in the housing market, its big-ticket ($900+) sales grew at a decent 3.6%, with robust core business in maintenance and repair segment.
Home Depot Earnings Preview: What We’re Watching Tuesday
Graph ItNEW!Monday, November 14th, 2011 by Trefis Team
The world’s largest retailer of home improvement products, Home Depot (NYSE:HD) will announce its Q3 results tomorrow. It has continuously out-performed its largest competitor Lowe’s (NYSE:LOW) over the past few quarters despite continued weakness in the home improvement sector. It not only delivered solid results last quarter despite macroeconomic uncertainty and also has raised its revenue guidance for the fiscal year, even as Lowe’s further lowered its sales expectations.
Home Depot, Lowe’s Show Strength Despite Weak Market
Graph ItNEW!Thursday, November 10th, 2011 by Trefis Team
Despite the continuing housing slump, both Lowe’s (NYSE:LOW) and Home Depot (NYSE:HD) have been faring well recently, with both stocks gaining in the past week. Home Depot is trading near the high of its 52-week range, and Lowe’s has also been trending higher in the past few weeks. Both home improvement retailers can take some comfort from a recent survey that showed 68% of Americans plan to spend $1,000 on their homes in the next six months. In addition, 71% of those polled have spent money on their homes in the past 12 months, with 68% saying they spent the same or more than they spent prior to the recession.
The $23 Trefis price estimate for Lowe’s and $40 price estimate for Home Depot are both slightly above the current market prices.
Home Depot Raises Outlook Despite Weak Home Builder Sentiment
Graph ItNEW!Wednesday, August 24th, 2011 by Trefis Team
Home Depot (NYSE:HD) announced solid results and raised guidance despite pessimism in the home improvement segment. Despite continued sluggishness in the U.S. economy, product launches and new initiatives like driving move online sales will help the company improve profit margins in the coming quarters. The company offers a wide range of products and installation services to both individual home owners and professional builders and competes primarily with Lowe’s (NYSE:LOW), Sears (NYSE:SHLD) and Wal-Mart (NYSE:WMT) in home improvement.
We have a $39 Trefis price estimate for Home Depot, which is around 15% ahead of the current market price.
Home Depot Earnings Preview: What We’re Watching
Graph ItNEW!Monday, August 15th, 2011 by Trefis Team
Home Depot (NYSE:HD) is world’s largest retailer of home improvement products primarily competing with Lowe’s (NYSE:LOW). The company continues to rely on cost-cutting and small ticket sales to maintain profitability amid slow economic recovery. These cost-control efforts have helped Home Depot perform better than its competitor Lowe’s during weak housing market and consumer spending. Home Depot boasts of 2,244 stores of which 1,976 (88%) are in the U.S. The company offers a wide range of products and installation services to both individual home owners and professional builders.
We have a $38 Trefis price estimate for Home Depot, which is around 30% ahead of the current market price.
Home Depot’s Wind Power Products Add to Renewables Line Up
Graph ItNEW!Friday, June 24th, 2011 by Trefis Team
Home Depot (NYSE:HD), the world’s largest home improvement retailer, is expanding its wind power solutions for homes by carrying Southwest Windpower’s small wind turbine in its stores in six states across the U.S. This move comes after Home Depot’s partnerships with other suppliers of renewable energy products for homes such as Sunforce, BP Solar and Phono Solar. Home Depot competes with players like Lowe’s (NYSE:LOW), Builders FirstSource (NASDAQ:BLDR), Sherwin Williams (NYSE:SHW) and Sears (NASDAQ:SHLD).
Home Depot Takes Home Improvement Shopping Online
Graph ItNEW!Friday, June 17th, 2011 by Trefis Team
Over the last few years, Home Depot (NYSE:HD) has expanded its retail stores aggressively adding more than 200 outlets annually. However, the firm has recently embarked on a $1.1 billion program aimed at improving its web presence while planning to dramatically reduce the number of new store openings to around 10 in 2011. Home Depot is the world’s largest retailer in the home improvement products space with over to 2,240 stores in the U.S., Canada, Mexico and China, and it hopes that by beefing up its online sales, it can distance itself from competitors like Lowe’s (NYSE:LOW) and Sears (NASDAQ:SHLD) as well as fend off competition from pure play online retailers like Amazon (NASDAQ:AMZN).
Home Depot : All Articles
- Week of 2012-01-15
- Week of 2011-12-11
- Week of 2011-12-04
- Week of 2011-11-13
- 11/17/11 Home Depot Outshines Lowe’s on Maintenance & Repair Spending
- 11/14/11 Home Depot Earnings Preview: What We’re Watching Tuesday
- Week of 2011-11-06
- Week of 2011-08-21
- Week of 2011-08-14
- Week of 2011-06-19
- Week of 2011-06-12
- Week of 2011-05-22
- Week of 2011-05-15
- Week of 2011-05-01
- Week of 2011-04-24
- Week of 2011-04-17
- Week of 2011-04-03
- 04/05/11 Home Depot Doing Well Despite a Weak Housing Market
- 04/04/11 Store Expansion and DIY Activity Will Benefit Lowe’s
- Week of 2011-01-16
- 01/21/11 Home Depot Can Expand Leadership in Plumbing, Electrical & Kitchen Products
- 01/19/11 Home Depot Focusing on DYI Opportunity Adding Upside to Stock
- Week of 2011-01-09
- Week of 2011-01-02
- 01/05/11 Housing Double Dip Can Eliminate Home Depot Stock Upside
- 01/04/11 Lowe’s Positioned for Market Share Gains, Adding Upside to Stock Value
- Week of 2010-12-12
- 12/16/10 Lowe’s Gains on Sales in Appliances and by Focusing on Profit Margins
- 12/15/10 Home Depot Building Stock Upside Through Maintenance & Repair Strength
- Week of 2010-11-14
- Week of 2010-08-22