Sector: Consumer Discretionary | Focus: Home Improvement Retail
HQ: Mooresville, North Carolina
Financial Risks
The document highlights risks associated with general economic conditions, including financial market volatility, reduced borrowing availability, slower consumer spending, inflation impacting costs and discretionary spending, labor shortages, interest rate and currency fluctuations, home price changes, consumer credit availability, trade policy changes, pandemics, and commodity price fluctuations. The document also notes uncertainty in the near-term macroeconomic environment.
Financial Upside
The document mentions long-term drivers of the business as strong: home price appreciation, disposable personal income, and aging housing stock. Millennial household formation and Baby Boomers aging in place are also cited as supporting long-term demand. The document also notes the company's Total Home strategy and investments in supply chain and Pro job site delivery.
