Home Depot forecasts poor 2019 earnings as U.S. housing momentum slows

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Home Depot forecasts poor 2019 earnings as U.S. housing momentum slows
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Home Depot Inc projected 2019 earnings below Wall Street forecasts on Tuesday, a...

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A Home Depot store is seen in Long Beach, California, U.S., September 8, 2016. REUTERS/Lucy Nicholson

Shares of the largest U.S. home improvement retailer fell 2.6 percent to $183.75 in early trade after its fourth-quarter results showed the company had also missed estimates for same-store sales.

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Home Depot ..... You are already in Williamson County where they won't stop building.....if it floods BUILD if it is on 1/2 acre BUILD if the right of way is in dispute BUILD GREEDY

Or that it's a shitty store?

Wonder how many folks are boycotting HD because its owner is a Trump supporter? I am

Meanwhile, home builders ETF $XHB up 19% this year. Time for a short? Methinks so.

That's sounds like rally time!

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Home Depot and Lowe’s earnings: Same-store sales could be ‘messy’ due to government shutdown, weatherHome Depot and Lowe’s earnings: Same-store sales could be ‘messy’ due to government shutdown, weatherThe home improvement retailers Home Depot Inc. and Lowe’s Cos. are scheduled to report fourth-quarter earnings on Tuesday and Wednesday, respectively, and while analysts expect difficult comparisons, 2019 is shaping up to be a good year for remodeling.
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