4 Key Takeaways From Home Depot's Q4 Earnings - News Summed Up

4 Key Takeaways From Home Depot's Q4 Earnings


Last week, the National Association of Realtors said existing home sales fell for a third straight month in January. Still, despite what looks like growing housing market concerns, the actual picture for Home Depot may not look that bad. Count on Home Depot to play a bigger role in the bonanza of the holiday season. While Home Depot and its home-improvement rivals traditionally count on the spring gardening season as their big "holiday," getting a share of the actual holiday season sales pie will likely become a bigger focus. Home Depot’s online sales rose 22.7% in the fourth quarter and 24% for the year, now representing 7.9% of its total sales.


Source: Forbes February 26, 2019 19:05 UTC



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