Posted on September 24, 2020 by iwano@_84
Wells Fargo reports back on virtual investor meetings held with Home Depot (NYSE:HD) CFO Richard McPhail and other execs.
The firm says the talks reinforced its view that recent tailwinds appear sustainable, 1H margin headwinds can improve, and outsized share gains can continue via enhanced Pro offerings, category initiatives and expanding supply chain capabilities.
“With sustainability questions and tough FY21 compares entering the narrative, we continue to view the home improvement category among the highest quality in retail, and with HD shares – 10% off recent highs (-7% SPX), we see an attractive entry point. In our view, recent share gains can accelerate (vs. fragmented, underinvested competition), macro/housing remains robust (turnover, rates, etc.), and de-urbanization and wallet share shifts remain incremental.”
For investors, the math still works out for snapping up shares, per the WF analyst team.
“At 22x, we see an entry point. HD’s NTM P/E shed 2.5x turns
Posted on May 5, 2020 by iwano@_84
The kitchen is the busiest area of your house where you spend most of your time. You must want this place to be furnished in a practical and a stylish way. Furnishing here refers to the kitchen furniture and window coverings. It totally depends on your choice whether you want to add a classy touch or something else to your kitchen appearances.
You can either go with classic wood and brick finishes or a more modern and minimal approach by making a feature of neutral colours and matte surfaces. With a large number of shapes and sizes of windows out there, choose from the wide range of options for your kitchen. Aren’t sure what window treatment will suit your space? Here’s something that will help you find the best for your kitchen.
Interesting window treatment ideas for kitchen
New window treatments can make difference to the entire appearance of your … Read More
Posted on May 4, 2020 by iwano@_84
If you are planning to renovate your home, the only part of your home that allows you to be more creative and innovative is your kitchen. You may find hundreds of different designs at your friends and family homes but it is hard to find 100% similarity between two different kitchens. This is because there are lot of variations available in kitchen cabinets, accessories, sink styles and other usable items. As you have to deal with a good number of accessories while renovating your kitchen, you may find it as one of the most expensive renovation project in your house.
Finding different designs and styles on internet is a good way to take some inspiration for your own design. There are lot of websites and dedicated blogs available on internet with images of unique and attractive designs. Are you looking for a modern touch? A classic style or … Read More