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The Home Depot, Inc. (NYSE:HD): Current Price: $67.54
The company says that it sees “a number of pressures” on consumers such as reduced disposable income and constraints on credit availability. The company adds that it believes the path to recovery will be similar to a gradual thawing process. Home Depot saw a sales lift from Hurricane Sandy during Q4, and it believes that the impact of Sandy will continue through at least 1H13. The Home Depot adds that an encouraging sign during Q4 was that sales to pro customers saw a rise on par with sales to consumers. These comments were made on the Q4 earnings conference call.
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