The Home Depot Inc
HD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Zv^ | LOCK|$!& | LOCK|c#p%?LY# |
Home Depot Earnings: Despite a Stalled Housing Market, Operating Margin Preservation Persists
Home Depot delivered first-quarter sales growth of 9.4%, buoyed by its acquisition of SRS, but same-store sales fell 0.3%, hurt by a 70-basis-point foreign exchange headwind. Despite struggling home turnover, the firm held its full-year outlook for sales growth of 2.8% and adjusted EPS 2% lower.
