The Home Depot, Inc. (NYSE:HD) is one of the stocks Jim Cramer shared his take on. Noting that the stock is down despite Fed rate cuts, a caller inquired if they should add to their position, sell, or hold. Cramer stated: “Yes, I would buy more. It’s a big position for my Charitable Trust. Why would I buy more? Because we are going to get more rate cuts, particularly because the president wants them, and he’s going to pick someone who’ll forget all this nonsense you hear. They’re going to cut rates and cu ...

Core Viewpoint - The holiday shopping season is expected to see a year-over-year sales increase of 4% to 5%, driven by consumer spending and inflation effects [1][2]. Consumer Spending - Consumer sales have consistently grown by 4% year-over-year, indicating strong consumer resilience [1]. - Real wages have risen faster than inflation, allowing consumers to continue spending [1]. Economic Dynamics - The current economic situation does not reflect a K-shaped recovery; instead, both high-income and low-income consumers are experiencing growth, albeit at different rates [1]. - The stock market has benefited the wealthy, but they tend to reinvest rather than spend, contrasting with lower-income consumers who are actively spending [1]. Home Improvement Retailers - Home Depot and Lowe's are facing challenges due to high interest rates and a slowdown in large home improvement projects, despite some activity in smaller projects [1][2]. - The outlook for Home Depot indicates a slow growth trajectory for the upcoming year, as stated in their earnings analyst meeting [2].

David Gardner: Every once in a blue moon or a new moon or an old moon or a borrowed moon, I cue up a hodgepodge of points that I want to share. They're not really related to each other. They're a hodgepodge, but I force them to fit into this mold, something old, something new, something borrowed, something blue. You probably know the expression, don't you? It's what brides traditionally are supposed to wear. On their wedding day, for good luck, something old, something new, something borrowed, something blu ...

ATLANTA--(BUSINESS WIRE)--Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, today announced the opening of its newest warehouse store and design center in Dearborn, Michigan, located at 1300 Shehadi Court. The Dearborn store opens with a team of approximately 35 full-time and 15 part-time associates and is led by Wesley Walker, the store's Chief Executive Merchant. Floor & Decor operates more than 260 ware. ...

Key Takeaways HD and LOW are both scaling AI, but with contrasting strategies shaping the future of home improvement retail.HD uses AI to improve fulfillment, digital aid and Pro tools like Blueprint Takeoffs in its store network.LOW builds an AI-first engine, leveraging MyLowe to guide clients, empower associates and boost operations.In the rapidly evolving world of retail, the two dominant players in U.S. home improvement, The Home Depot, Inc. (HD) and Lowe’s Companies, Inc. (LOW) , are both investing hea ...

Key Points Lowe's is investing in its professional services to accelerate revenue growth and expand margins. Contractors and tradespeople spend more money with the chain than do-it-yourself customers. Slow revenue growth and significant long-term debt could continue to tighten its margins in the short run. 10 stocks we like better than Lowe's Companies › Lowe's (NYSE: LOW) stock is essentially flat year to date, while the S&P 500 has roared ahead with a 16% gain. The home improvement company has ...

The US economy grew at an unexpectedly strong pace of 4.3% in the third quarter — the highest rate in two years — according to a government report released Tuesday.Vigorous consumer spending on services such as health care and products like recreational vehicles fueled the surge in the gross domestic product, which is comprised of the value of all goods and services produced across the economy, for the July through September quarter.The inflation-adjusted annual rate of 4.3% marked an uptick from 3.8% growt ...

Floor and Decor ( FND ), like many retailers exposed to the frozen housing market, has experienced significant demand challenges including declining same store sales and EPS amid arguably the most challenging macroeconomic backdrop inI am a software engineer by profession and a lifelong student of the markets, combining analytical rigor with a deep fascination for businesses that have the potential to outperform their underlying indices over long time horizons. My investing background began over a decade ag ...

Let's go inside out on Home Depot. Joining us now is Michelle Connell, president and owner of Porsche Capital Management. Welcome to the show, Michelle.>> Thank you for having me. >> All right, so let's get into this discussion about Home Depot. Stairs are down about 10% this year.Earnings continue to Wayne here. Uh, I know they're a pretty shareholder friendly type company with buybacks and raising that dividend, Michelle, but the way that I look at it is until we get interest rates down, you know, these s ...

Key Takeaways HD's Q3 sales rose 2.8% to $41.35B, supported by Pro segment gains amid weak DIY performance.Recent GMS acquisition and digital tools aim to deepen HD's hold on complex Pro projects.Big-ticket comps rose 2.3%, but low housing turnover and cautious consumers weigh on demand.The Home Depot, Inc.’s (HD) third-quarter fiscal 2025 results highlight the growing importance of its Pro customer base as DIY demand remains uneven. While total sales grew 2.8% to $41,352 million, management noted that an e ...