Market Opportunity and Strategy - The Home Depot has a massive total addressable market (TAM) of approximately $1.1 trillion[4, 6, 32], with over $900 billion remaining as an opportunity[4] - The company's strategy focuses on driving its core and culture[4, 11, 17], delivering a frictionless interconnected customer experience[4, 13, 19], and winning the Pro customer segment[4, 15, 27] - The Home Depot's total market share is approximately 15%[6, 127] Competitive Advantages and Operations - The company possesses distinct competitive advantages including its associates and culture, scale and premier real estate, brand, digital and interconnected capabilities, product authority, and supply chain[4, 7, 8, 9] - The Home Depot operates over 2,350 stores across North America[36, 122], with approximately 470,000 associates[36] - Approximately 90% of the stores are owned by the company[36] Pro Customer Focus - The Pro total addressable market is approximately $600 billion[6, 127], with approximately 50% of the market opportunity representing Pros working on complex projects[128] - The company has over 9 million Pro customers[122] and is focused on providing a unified, cross-category experience to save Pros time and money[131] - Pros on The Home Depot trade credit are increasing their spending by approximately 30% on average[141] Digital and Delivery Capabilities - The Home Depot has approximately $25 billion in annual online sales[97] and over 6 billion website and store visits annually[97, 100] - The company has approximately 16,000 delivery assets[97] and is focused on optimizing fulfillment across all assets to better serve customers[108] - Over 55% of deliveries are same or next-day for in-stock SKUs, representing a 3x+ increase from 2022[107] Financial Outlook - The company reaffirms its fiscal year 2025 guidance, including total sales growth of approximately 3%, a gross margin of approximately 332%, and an adjusted operating margin of approximately 130%[169] - The company anticipates net interest expense of approximately $23 billion and adjusted diluted EPS down approximately -5%[169] - The company estimates approximately $22 billion of pent-up demand created over the last 2 years[181]

Core Viewpoint - Home Depot anticipates higher sales in the upcoming fiscal year, with expectations for growth to accelerate if housing activity improves [1] Company Summary - Home Depot is projecting an increase in sales for its next fiscal year [1] - The company believes that growth will be further enhanced by a potential boost in housing activity [1]

Home Depot is offering cautious preliminary guidance for next year, a sign that the home-improvement retailer doesn’t anticipate the housing market to rebound in the short term https://t.co/L40EAY27YC ...

ATLANTA, Dec. 9, 2025 /PRNewswire/ -- The Home Depot, the world's largest home improvement retailer, will discuss key strategic priorities, provide a preliminary 2026 outlook and a market recovery case, today at its 2025 Investor and Analyst Conference. Today's conference will begin at 8:30 a.m. ET and will be available in its entirety through a live webcast and replay at ir.homedepot.com/events-and-presentations. During today's conference, the company will discuss how it is uniquely positioned to grow mark ...

Key Takeaways HD debuts AI-powered blueprint takeoffs tool to fast-track estimates and aid Pro project execution.The tool replaces a weeks-long process with faster, accurate estimates to ease budgeting and planning.HD leverages digital tools to strengthen its Pro value proposition and reduce project bottlenecks.The Home Depot, Inc. (HD) is enhancing its focus on professional contractors by introducing a new AI-powered tool designed to reshape how Pro customers plan and execute complex projects. The company ...

Core Viewpoint - Morgan Stanley has raised its S&P 500 year-end target for 2026 to 7,800, driven by strong earnings growth and AI-enhanced efficiency gains [1][2] Group 1: Market Outlook - The market's positive shift began in April 2025, reversing previous negative growth assumptions due to supportive government policies [2] - The government's "Big Beautiful bill" is expected to enhance capital expenditure and provide tax benefits for consumers in the first half of 2026 [2] - The Federal Reserve's actions are also contributing to market momentum [2] Group 2: Sector Performance - The market is anticipated to broaden beyond a few major names, with potential in sectors like consumer discretionary, underperforming financials, transports, and consumer products [3] - These sectors have low earnings multiples, which may lead to earnings surprises and subsequent multiple expansion [3] Group 3: Stock Recommendations - A list of 11 stocks has been curated based on analyst ratings and hedge fund sentiment, focusing on those with over 25% upside potential [6][7] - The methodology includes analyzing top holdings from quality factor ETFs and ranking them by analyst upside potential [6] Group 4: Company Highlights - **NVIDIA Corporation (NASDAQ:NVDA)**: - Hedge fund holders: 234, Analyst upside potential: 25.06% [8] - Recent partnerships with Mistral AI and AWS enhance its AI capabilities and cloud infrastructure [10][11] - **The Home Depot, Inc. (NYSE:HD)**: - Hedge fund holders: 104, Analyst upside potential: 25.93% [12] - Mixed opinions from analysts following Q3 2026 results, with revenue growth of 2.82% year-over-year to $41.35 billion, but EPS of $3.74 fell short of consensus [13][14] - The company is positioned for market share gains despite recent performance challenges [14][15]

Core Insights - Lowe's Companies, Inc. is recognized as a strong investment option, particularly in the context of dividend stocks, and is included among the 15 Blue Chip Dividend Stocks for passive income portfolios [1] - Stifel raised its price target for Lowe's from $230 to $250 while maintaining a Hold rating, indicating a positive outlook despite softer demand compared to Home Depot [2] - The company reported third-quarter earnings with revenue of $20.8 billion, reflecting over 3% growth year-over-year, and expects FY25 sales to reach $86 billion [3] Financial Performance - Lowe's reported third-quarter revenue of $20.8 billion, which is a growth of slightly over 3% compared to the same period last year [3] - The company returned $673 million to shareholders through dividends and invested $8.8 billion in the acquisition of FBM [3] - For FY25, Lowe's anticipates sales of $86 billion, an increase from the previous guidance of $84.5 billion to $85.5 billion [3] Dividend Policy - Lowe's has a strong dividend policy, having raised its dividends for 60 consecutive years, earning the title of Dividend King [4] - The company's payout ratio stands at 38%, indicating dividend safety and supporting a five-year average annual dividend growth of 16% [4]

Core Insights - Home Depot is currently facing challenges reflected in its stock performance, despite historically creating significant shareholder value [1] - The company operates in a sector that typically experiences organic growth, supported by a strong omnichannel strategy and recent acquisitions [2] - The real estate market's suppression due to high interest rates and inflation has negatively impacted consumer spending on discretionary home improvement products [3] Financial Performance - In the fiscal third quarter of 2025, Home Depot reported a 2.8% year-over-year sales increase to $41.4 billion, with $900 million attributed to the acquisition of GMS [4] - Adjusted earnings per share (EPS) decreased to $3.74 from $3.78, missing Wall Street expectations of $3.83, and management lowered full-year comparable sales expectations to "slightly positive" [4] - The company still raised its dividend, yielding 2.6% at the current stock price [5] Market Position and Outlook - Home Depot's stock has declined nearly 17% year-to-date, trading at a P/E ratio of 24, indicating market appreciation for its stability despite declining earnings [7] - The company's future performance is expected to be influenced by mortgage rates, with management focusing on improving customer value and operational efficiency [6]

The Home Depot, Inc. (NYSE:HD) is one of the stocks Jim Cramer commented on along with the recent macro rally. Cramer showed optimism around the stock in case of a rate cut around the next Fed meeting, as he remarked: “Of the disappointers, Home Depot’s the most sensitive to a decline in interest rates. The Fed’s meeting’s next week, so things could turn around real fast for the despot, which is higher than where it reported that bad quarter. That’s why we own it for the Charitable Trust.” Rob Wilson / ...

Core Insights - Ferguson plc is a leading distributor of plumbing and heating products, primarily operating in North America and the UK, competing with major players like Home Depot and Lowe's [1] Financial Performance Expectations - Ferguson is scheduled to release its quarterly earnings on December 9, 2025, with analysts expecting earnings per share (EPS) of $2.77 and projected revenue of approximately $8.1 billion [2] Financial Metrics - The company's price-to-earnings (P/E) ratio is around 26.76, indicating investor confidence in future earnings potential [3] - The price-to-sales ratio is 1.59, suggesting investors are paying $1.59 for every dollar of sales [3] - The enterprise value to sales ratio is approximately 1.76, reflecting the company's total valuation compared to its sales [4] - The enterprise value to operating cash flow ratio stands at about 28.20, highlighting the relationship between valuation and cash flow from operations [4] Financial Stability - Ferguson's debt-to-equity ratio is 1.02, indicating a balanced proportion of debt to shareholders' equity [5] - The current ratio of 1.68 suggests the company's strong liquidity position, as it can cover short-term liabilities with short-term assets [5]