I’m so happy a place like Home Depot is doing well financially.
It’s because they’re truly useful (don’t get me started about how tricky the food landscape is these days…)
DIY. Fix it up. Tools. Manual work. Improvements. Practical tools and equipment.
All the best things for us people.
Now while there are other places like Walmart or Target that have *some* practical things – most other “big box” stores sell relatively useless items we usually don’t urgently need. A lot of entertainment items, as well as shoddily made merchandise from China. Not saying all things made in China are bad – but the scope of what is for sale out there is what is important.
Home Depot’s second-quarter comparable sales beat estimates
Home Depot Inc’s second-quarter comparable-store sales beat Wall Street forecasts on Tuesday, boosted by a rebound in demand for seasonal merchandise.
The home improvement retailer said its net earnings rose to $3.5 billion or $3.05 per share in the three months ended July 29, from $2.7 billion or $2.25 per share a year earlier.
Sales at Home Depot stores open for more than a year climbed 8 percent, beating analysts’ average estimate of a 6.65 percent rise, according to Thomson Reuters I/B/E/S.