Home Depot Earnings: 3 Things to Watch

Home Depot Earnings: 3 Things to Watch

Investors have pushed the stock of Home Depot (NYSE: HD) far above the return of the wider market in 2020. Below, we'll look at a few metrics that will determine whether or not that report is celebrated by Home Depot shareholders. Home Depot remained open through the COVID-19 shutdown in the fiscal first quarter, and so its sales growth was strong compared with nonessential retailers like TJX Companies, which posted a 50% revenue slump in the period.