HD – Market expectations are for historically high Uniform ROA, and management is confident about same-store sales growth and Pro customer engagement
December 13, 2017
- The Home Depot Inc. (HD:USA) currently trades near historical highs relative to UAFRS-based (Uniform) Earnings, with a 24.9x Uniform P/E, implying bullish expectations for the firm. Additionally, management is confident about same-store sales growth and Pro customer engagement
- Specifically, management is confident about the sustainability of same-store sales growth, and increasing Pro customer engagement