Storm Clouds Over the Home Sector
Colder weather comparison to 2024 plus "Trumponomics" threatens spring sales
“I will tell you that we have no real tangible data to support any election exuberance during the holiday season. But what we can point to specifically is the impact of weather on our business.” — Marvin Ellison, Lowes Chairman/CEO
First, the good news …
Both Home Depot (HD) and Lowes (LOW) reported better-than-expected sales in their Q4 (November - January) financial quarters, and their stock prices rose dramatically on the news.
