In October 2007, the S&P 500 closed at its all-time high, the final pre-GFC peak. At that exact time, $HD was in a ~23–24.5% drawdown from its then-recent highs (some analyses put the exact figure at –23.1% on that day). - with Grok
Last time stocks were at all-time highs with Home Depot $HD in a 26% drawdown? *Special thanks to the Bloomberg terminal. https://t.co/VLb9FlVQkp
Good read if interested in $HD, $FND, etc.
Home Depot Store Count $HD https://t.co/FhW6GZVo38
$HD Big Ticket ($1,000+) Transaction Comps "Big ticket comp transactions were +1.3%... We were pleased with the performance we saw in categories such as power, plumbing and electrical. However, larger discretionary projects remain under pressure." https://t.co/m5NwpVXZPR
$HD CFO Richard McPhail: "We face the most chronic housing shortage in modern U.S. history, with estimates of up to five million homes required to meet the current shortfall. This shortage will require years, if not decades, at the current pace of homebuilding to catch up."
Home Depot Diluted EPS $HD "FY26e adjusted diluted EPS to increase approximately flat to 4%" https://t.co/PuegvuMQ7B
$HD Q3 FY25 call: "Big ticket comp transactions for those over $1,000 were +2.3% compared to Q3 FY24... We continue to see softer engagement in larger discretionary projects where customers typically use financing to fund renovations." https://t.co/KXbT3W6z4d
$HD Q2 FY25 - "We were pleased with the performance we saw in categories such as building materials, lumber, and hardware. However, we continue to see softer engagement in larger discretionary projects where the customer typically uses financing to fund the renovation project." https://t.co/gRBHu2xLC4
"When I started, $HD was around $40; within a year and a half, it was down to $17. There were a lot of people who thought that this wasn't a great idea."
Shout out to @clayscroggins for his great interview with former $HD CEO Frank Blake; recorded a few years ago, but it is still well worth your time https://t.co/Sled54iG44
