On their latest earnings call, The Home Depot relayed that customers have been prioritizing smaller projects over larger ones, despite the fact that demand for these larger projects has yet to recover to pre-pandemic levels. The company expects the Federal Reserve's decision to sustain low interest rates for a prolonged period to affect the demand for durable goods and larger home improvement projects.
PSFK Earnings Call Podcast: The Home Depot - HD
PSFK Earnings Call Podcast: The Home Depot …
PSFK Earnings Call Podcast: The Home Depot - HD
On their latest earnings call, The Home Depot relayed that customers have been prioritizing smaller projects over larger ones, despite the fact that demand for these larger projects has yet to recover to pre-pandemic levels. The company expects the Federal Reserve's decision to sustain low interest rates for a prolonged period to affect the demand for durable goods and larger home improvement projects.