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Strategies & Market Trends : Young and Older Folk Portfolio

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From: chowder6/1/2021 10:04:53 PM
   of 21841
 
I was adding to HD today and I also noticed some very favorable comments from Management.

Management Commentary During Home Depot’s latest earnings call, management had this to say: “Our results this quarter were once again driven by broad-based strength across the business and geographies. All of our top 40 markets posted double-digit comps, while Canada posted comps above the company average and Mexico posted double-digit comps. Both ticket and transactions were up double digits in the quarter… we saw strong double-digit growth from both our Pro and DIY customers… …

[W]e continue to see strong level of engagement across our digital platforms… Sales leveraging our digital platforms increased approximately 27% versus the first quarter last year and approximately 55% of online orders were fulfilled through a store.

We continue to rollout new capabilities, such as mixed cart selling from store that remove friction for both our customers and associates. The mix cart feature enables associates to more efficiently and effectively serve the total project needs for a customer, as products from both the website and store can be added to a single transaction.” --- Craig Menear, CEO of Home Depot

Source: Valuentum
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