Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Home Depot, an ongoing discussion....
#47
Not like I am privvy to corporate level finance but I see my district numbers so now that earnings are posted it's nothing like insider info sharing. HD earnings were exactly what I expected. Business is nuts and very elevated employee costs to offset it. The older employees are paid full wages to just stay home for 5-6 weeks and they pick the dates. The rest of us getting 20% weekly bonuses so we won't be jealous of others that are laid off. Next quarter is Christmas for HD and Lowes. We are crushing sales. I don't believe it was intentional but this has been a big transfer of revenue from shut down non-essential small Biz to big box. Q3 and Q4 should be interesting as we have competition for shoppers dollars. HD chickened out and pulled forward guidance. I didn't expect that but probably a good idea since the stock has spiked like nothing could possibly go wrong.
Reply


Messages In This Thread
RE: Home Depot, an ongoing discussion.... - by Binary - 02-26-2019, 06:22 AM
RE: Home Depot, an ongoing discussion.... - by fenders53 - 05-19-2020, 11:36 AM



Users browsing this thread: 1 Guest(s)