How homebuilders are viewing inflation, tariff possibilities [Yahoo! Finance]
Home Depot, Inc. (The) (HD)
Last home depot, inc. (the) earnings: 2/25 06:00 am
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Source: Yahoo! Finance
The National Kitchen & Bath Association (NKBA) CEO Bill Darcy joins Seana Smith and Madison Mills on Catalysts to talk about the homebuilder sector's reaction to the current inflationary environment. "Our members are telling us 8% growth [in consumer spending] in 2025, compared to 1% only in 2024. So a lot of optimism... The home is really still the place where people focus their monies despite the inflation and uncertainties. It's really where they want to spend their money," Darcy explains. "And while new home construction has a big factor and... I think when rates get around 5%, you see more activity around new home construction and things like that." Home improvement retailer Home Depot ( HD ) beat its third quarter earnings estimates, seeing sales rise 6.6% annually to $40.2 billion. To watch more expert insights and analysis on the latest market action, check out more Catalysts here This post was written by Luke Carberry Mogan
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News
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- The Home Depot, Inc. (NYSE: HD) had its price target raised by analysts at Truist Financial Co. from $459.00 to $465.00. They now have a "buy" rating on the stock.MarketBeat
- The Home Depot, Inc. (NYSE: HD) had its price target raised by analysts at Evercore ISI from $420.00 to $430.00. They now have an "outperform" rating on the stock.MarketBeat
HD
Earnings
- 11/12/24 - Beat
HD
Sec Filings
- 11/13/24 - Form 144
- 11/12/24 - Form 8-K
- 9/25/24 - Form 4
- HD's page on the SEC website