08-17-2021, 10:18 AM
I see enough HD regional sales data that it borderline constitutes insider info so I finally shut up on anything specific on the internet. Quarterly reports are never much of a surprise to me anymore. I so wanted to sell an HD bear spread but that is insider trading too.
Now that it is out, HD sales growth is mostly just inflation and the market should know it. New price stickers most every month in most departments. We all got permanent Covid raises and now they man the store skeleton crew even worse than before to try to get some of it it back. Great company, great supply chain. HD and Lowes will be fine. They will mostly mirror each other. It likely gets harder the next few quarters. Competition for wages is going to be a problem. One of the better retailers and it used to take a month or more to get hired. Current standard is pass your drug test and can you start this weekend? Not unique to HD.
Now that it is out, HD sales growth is mostly just inflation and the market should know it. New price stickers most every month in most departments. We all got permanent Covid raises and now they man the store skeleton crew even worse than before to try to get some of it it back. Great company, great supply chain. HD and Lowes will be fine. They will mostly mirror each other. It likely gets harder the next few quarters. Competition for wages is going to be a problem. One of the better retailers and it used to take a month or more to get hired. Current standard is pass your drug test and can you start this weekend? Not unique to HD.