Home Depot ($HD) Management Team Call

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I wanted to share what he sent me this morning: (If you want to learn more about Brian and his product email Kyle@Marketfy.com)

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Management Chat Preview: 2 Cool Things I Learned from Home Depot

Of all the management talks I had this week Home Depot surprised me the most, dropping a ton of informational nuggets that I plan on using two places this weekend: (1) a research report; and (2) a family dinner where I am scheduled to cook. Indeed a full write up is coming your way shortly. But, here are two fun things I learned…

Home Depot made a splash late last year by finally exiting its China business. They took a big, fat earnings charge and seemingly wiped their hands clean of China. Well, that’s what I thought. In actuality, the company has two specialty stores remaining in China (a Behr paint store is doing “really well”, a phrase you often don’t hear from the conservative Home Depot team, and an interesting mention in light of improving macro reports on the country) in addition to 34 “new concept people” on the ground “kicking the tires.” Not sure what this rogue team is working on, but I find it interesting.

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Posted to Learn How to Use Marketfy P… on Jan 12, 2013 — 10:01 AM
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