Home Depot Earnings: 3 Trends to Watch
Wall Street has high expectations heading into the first-quarter earnings report from Home Depot (NYSE: HD). The home improvement retailer has benefited from several positive trends in the past year, including soaring demand for do-it-yourself upgrade projects, rising prices for inputs like lumber, and a generally booming housing market.
But the industry leader has lost market share to rivals including Lowe's (NYSE: LOW) in recent quarters, which means investors will be closely watching for signs of a strengthening business. With that bigger picture in mind, let's look at a few metrics to follow when Home Depot announces its results on May 18.
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Source Fool.com
