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  • whom Depot had a blowout year.

  • But the world's largest home improvement retailer warned Tuesday that it could not predict if those good times will continue into 2021.

  • Americans stuck it home had been snapping up tools, paint and building materials to spruce up their homes throughout the health crisis.

  • But the rollout of vaccines and the hopes of a return to normalcy have led many to believe that sales growth in 2021 will fade, whom Depots chief financial officer said.

  • The company is, in his words, not able to predict how consumer spending will evolve, he said.

  • If demand in the back half of last year were to continue, comparable sales will be flat to slightly positive in 2021.

  • Home Depot's decision to withhold guidance disappointed investors Shares fell 6% in early trading Tuesday despite a 25% jump in same store sales as well as net sales in the latest quarter.

  • Those results, as well as profit beat analyst estimates for the year.

whom Depot had a blowout year.

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B1 depot home depot improvement predict home tuesday

Home Depot casts doubt on further improvement

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    林宜悉 posted on 2021/02/25
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