Core Viewpoint - Techtronic Industries (00669) shares rose over 4%, currently trading at HKD 87.1 with a transaction volume of HKD 199 million, reflecting positive market sentiment despite mixed performance from its major client, Home Depot [1] Group 1: Company Performance - Techtronic Industries' primary customer, Home Depot, reported third-quarter results that fell short of expectations, leading to a 3% downward revision in its earnings per share guidance for the year to USD 14.48, below previous forecasts and market predictions [1] - Despite the challenges faced by Home Depot, Techtronic Industries' management indicated that their product sales performance remained healthy in the third quarter, even with moderate price increases due to U.S. tariffs [1] Group 2: Market Outlook - Citigroup maintains its forecast for Techtronic Industries, suggesting that the company is expected to accelerate growth starting next year, contingent on Home Depot's performance [1] - If Home Depot's results do not meet expectations, leading to a decline in Techtronic Industries' stock price, this could present a buying opportunity for investors [1]
港股异动 | 创科实业(00669)涨超4% 家得宝三季度业绩逊于预期 花旗称或为市场提供买入时机