Home Depot Inc Earnings Model (Bopalkar)
Author: Hrishi Bopalkar, Published: January 26, 2020 7:55pm, Category: Earnings Preview (Prior to the Fiscal 4Q2019 earnings release)
Summary of Model: This model projects future earnings for Home Depot based on comparable sales, pressuring margins, and strategic plans. Taking a bullish view on home depot, this model estimates higher comparable sales and lower Selling, General &Administration rates, despite lower gross margins. Home Depot is projected to have slow growth over the next few months, capitalizing on its outdoor season strategies.
Disclosure of Potential Conflicts of Interest: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.