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Stock impact report

Will Home Depot Stock Continue to Rally? Same-Store Sales Turn Positive, but Company Remains Cautious. [Yahoo! Finance]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
US:NYSE Investor Relations: investor.factset.com
Company Research Source: Yahoo! Finance
of 2022, breaking its ugly streak of declining comparable-store sales. Same-store sales are an important metric for retailers, as it shows how existing stores are performing. Costs (such as wages, utilities, and maintenance) also tend to rise over time, so if existing store sales don't increase, retailers will generally see operating deleverage, where profits start to fall faster than sales. Let's take a closer look at Home Depot's fiscal fourth-quarter report and guidance to see if the stock can continue to rally. Same-store sales increase It's been a tough environment the past couple of years for home improvement retailers. COVID lockdowns, when people were confined to their homes, led to a lot of pull forward in demand for home improvement projects, whil Read more
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