Home Depot Crushed It
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 14 August 2018
⏱️ 16 minutes
🧾️ Download transcript
Summary
After a rough spring, everything’s coming up roses in Home Depot’s 2nd-quarter report. Seth Jayson analyzes the home improvement landscape, as well as the latest earnings from Redfin and Tapestry. Plus we discuss (and applaud) Southwest Airlines’ decision to revise its policy on emotional support animals.
Transcript
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| 0:00.0 | This episode of Market Foolery is brought to you by TD Ameritrade. |
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| 0:16.1 | slash innovation. |
| 0:17.6 | It's Tuesday, August 14th. |
| 0:21.0 | Welcome to Market Foolery. |
| 0:22.1 | I'm Chris Hill with me in studio for the first time and a long time. |
| 0:27.0 | Thank goodness he's back. Seth Jason, good to see you. |
| 0:29.4 | Hello, I was thinking of doing the Lenny and Squiggie, the Squie hello but I didn't know if I could pull it off and if I could if anyone would recognize it. |
| 0:37.2 | That's definitely skewing old for our audience. We've got we've got retail, we've got real estate. Let's start |
| 0:48.3 | with Home Depot, which had a rough spring, but... That's real estate and retail right there exactly |
| 0:53.5 | summer's looking good for Home Depot second quarter profits came in higher than |
| 0:57.0 | expected overall sales just north of 30 billion dollars and their same store sales impressive. |
| 1:05.0 | Yeah, and it's odd the real estate market isn't so great and so a lot of the home |
| 1:09.3 | improvement especially the smaller outfits seem to be a little bit more directly linked to that market. |
| 1:15.7 | Home Depot just seems to be able to keep selling stuff in any climate, at least for the past few |
| 1:20.9 | years. |
| 1:21.9 | You got a comparable sales |
| 1:24.3 | store figure, something like up 8% and the guidance |
| 1:27.3 | for the full year is going to be like 5.3%. |
... |
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