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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s