4 Key Takeaways From Home Depot's Q4 Earnings

Still, despite what looks like growing housing market concerns, the actual picture for Home Depot may not look that bad. Here are some takeaways.While January’s home sales of 4.94 million were the lowest since November 2015, National Association of Realtors chief economist Lawrence Yun,, said he doesn’t expect the numbers to decline further going forward. “Existing home sales in January were weak compared to historical norms,” he said in a report last week.

He added that the year’s poor weather also offered a sharp contrast with the prior year’s hurricane-related sales boost of $400 million. In another sign of healthy demand, minus hurricane-affected markets, January’s big-ticket comparable transactions—or those over $1,000 and 20% of company salesup in the high single digits, in-line with trends throughout 2018, Ted Decker, the company's merchandising chief, said on the call.

Great 👍

I cursed HomeDepot. Loyal customer for 25 yrs, spent $1000’s there & ran a zero balance. Missed a $20 payment and they sent my account to a collection company. It made my excellent credit rating drop over 70 points. Closed the acct. I hope to fck they go under.

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