Home Depot Hurt by Housing, Lowe's May Be Next: Telsey's Feldman

The transcript discusses the sales performance of Home Depot, which fell short of Wall Street expectations. It explores the impact of investments and a slowdown in the housing market on sales. The discussion also compares Lowe's and Home Depot's performance, noting that Lowe's has been close to or better than Home Depot in some quarters. The transcript concludes with an analysis of housing market trends, highlighting a lag in the impact on Home Depot and Lowe's sales, with recent data showing slight improvement.

What was the percentage difference between Home Depot's actual same-store sales and Wall Street's expectations?

• 2%

• 0.9%

• 1.1%

• 1%

What is the expected same-store sales figure for Lowe's according to Wall Street?

• 3.2%

• 2.8%

• 4.0%

• 3.5%

How does the performance of Lowe's compare to Home Depot in recent quarters?

• Lowe's has consistently outperformed Home Depot

• Lowe's performance is not comparable to Home Depot

• Lowe's has been similar or better in some quarters

• Lowe's has underperformed compared to Home Depot

What is the historical lag time before housing market trends affect Home Depot and Lowe's?

• 3 to 6 months

• 6 to 9 months

• 9 to 12 months

• 12 to 15 months

What recent trend has been observed in the housing market according to the data tracked?

• No change

• A little bit of improvement

• A major boom

• A significant decline