Zhi Tong Cai Jing·2025-11-20 02:26Core Viewpoint - The stock of Techtronic Industries (00669) has seen an increase of over 4%, currently trading at 87.1 HKD with a transaction volume of 199 million HKD, following the release of Home Depot's third-quarter earnings, which reflect trends in the U.S. consumer market [1] Group 1: Company Performance - Home Depot, Techtronic's largest customer, reported third-quarter revenue and net profit that fell short of expectations, leading to a 3% downward revision of its earnings per share guidance for the year to 14.48 USD, below previous forecasts and market predictions [1] - Despite the impact of U.S. tariffs causing a moderate increase in product prices, Techtronic's management noted that sales performance remained healthy in the third quarter [1] Group 2: Market Outlook - Citigroup maintains its forecast for Techtronic Industries, emphasizing that the company's focus on professional sectors, which account for approximately 70% of total sales, positions it well for accelerated growth starting next year [1] - If Home Depot's performance does not meet expectations, leading to a decline in Techtronic's stock price, it is viewed as a potential buying opportunity for investors [1]