Says still seeing “cautious consumer,” leading to near-term pressure on big ticket projects. Says online, omni-channel investments paying off. Says “leaning into” emerging technology. Says home improvement market is “challenging” due to current interest rates. Remains “confident” in medium to long-term outlook for the home improvement market. Says continues to take costs out of operating model. Comments taken from Q4 earnings conference call.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOW: