What was the percentage increase in same store sales for Home Depot last quarter?
The Numbers Don't Lie: Home Depot's Sales Shine
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Business, Information Technology (IT), Architecture
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University
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Hard
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The video discusses consumer spending trends on home improvements, highlighting Home Depot's impressive sales growth and consistent performance over 19 quarters. It compares Home Depot's success with its competitor Lowe's, noting both benefit from rising US home prices. The video also examines market trends, including the remodeling market index, and Home Depot's stock performance. Analysts attribute part of Home Depot's success to its strategic restraint in building new stores, maintaining a flat store count in an over-saturated market.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How many consecutive quarters of growth has Home Depot experienced?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What correlation exists between Home Depot's sales and the remodeling market index?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
How does Home Depot's stock price performance compare to Lowe's?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What strategy has contributed to Home Depot's success in terms of store expansion?
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