Will Home Depot's Earnings Fall in 2021?

Home Depot (NYSE: HD) ended fiscal 2020 with a bang. Shoppers spent aggressively on home upgrades and furnishings in Q4 -- as they have through most of the pandemic -- while also setting records for holiday decoration demand.

Investors still found reasons to be disappointed by the earnings announcement, though. Home Depot didn't notch as much market share growth as Lowe's (NYSE: LOW) did, for example. And the home improvement giant predicted a volatile -- and potentially expensive -- selling environment ahead.

In a conference call with Wall Street analysts, CEO Craig Menear and his team added context to those forecasts while stressing their bright long-term outlook. Here are a few highlights from that presentation.

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Source Fool.com