Signs of Resilience in Troubled Housing Market

Home Depot’s recent results provide a big positive in the midst of an unpredictable housing market.

hi-hc-marketWith comp sales coming in at +4.8%, the home-improvement giant saw gains in transaction count as well as average ticket and adjusted its 2018 full-year in a positive direction.

Dark clouds loom on the horizon in the US housing market; yet home remodeling and home services are still healthy industries, with continued positive growth expectations.

Read the full article: Home Depot Earnings: No Housing Alarms – Bloomberg

Author: Dave Eckstein

Dave Eckstein is a partner in the firm ESA & Company. You can follow Dave on Twitter @DaveEckstein.

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