Home Depot Earnings: Home Run or Singles?
@surfer guy:
Home Depot, Inc $Home Depot(HD)$ reports Q2 FY2022 earnings before market open on Tue Mar 17, with EPS expected to be $3.65 (–5.4% year-on-year, y-o-y) and revenue estimated to reach $36.47 billion (–2.7% y-o-y).Fundamentals AdvantagesThe world’s largest home-improvement retailer based by revenue (2021 total sales was US$151.2 bil) operates 2,317 warehouse-style stores in US, Canada and Mexico, offering more than 30,000 products in store and 1 million products online. With economies of scale, wide selection of products, brand recognition and good relationship with suppliers, it has managed to keep cost low, and gained customers’ loyalty. Thus, it has a deep and wide economic moat that keep it ahead of its largest competitors, Lowe’s