Today only, Home Depot takes up to 40{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} off kitchen faucets and more

Today only, as part of its Special Buy of the Day, Home Depot is offering up to 40{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} off kitchen faucets, sinks, and bath fixtures. Free shipping is available for all. Our top pick is the FLOW Classic Series Kitchen Faucet at $69. Regularly $100, today’s deal is the second-best offer we’ve tracked all-time. This model offers a “quick and simple DIY install,” which should make it easy to tackle while getting things up and running. This classic chrome design can be swapped out for other colors at a slight premium in today’s sale to match your decor. Rated 4.8/5 stars. Hit the jump for even more deals down below.

For a more modern design, consider the FLOW Single-Handle Pull-down Spring Neck Kitchen Faucet on sale today for $179. That’s a $21 savings from the regular going rate. This model features a brushed nickel design and a spring-loaded handle that returns to its place when not in-use. Rated 4.7/5 stars.

You can dive into the rest of today’s sale here for even more deals on kitchen and bathroom faucets, along with bidets, and more. We also have a number of deals in our home

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Local homeowner’s low financing on Home Depot kitchen remodel turned costly after COVID delayed job

PINELLAS COUNTY, Fla. — Gulfport resident Francine Giannotti says she spent 2020 stressed out but not so much over the pandemic. She blames a coronavirus-era kitchen remodel that dragged out most of the year.

Giannotti signed a contract with Home Depot to upgrade her kitchen floors, countertops and cabinets.

“I wanted to have the kitchen remodeled for a long time,” she said.

Giannotti chose Home Depot for the $15,000 job because of its good reputation and its zero-percent financing for six months.

In January 2020, she put the entire purchase on a new Home Depot credit card.

Then COVID hit, causing delays in getting the supplies needed for her job.

“It was understandable that there was a delay in shipping,” Giannotti told ABC Action News. But because of the delays and some workmanship issues, the job wasn’t completed until November.

She asked Home Depot to extend the zero percent interest rate. As a courtesy, the home improvement store agreed to do that. And Giannotti received an email, stating in part: “I sincerely apologize for the stress we have added…I will be confirming…that the interest was changed to 0 percent for 24 months, and all interest charges on the account

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Home Depot (HD) Gains But Lags Market: What You Should Know

Home Depot (HD) closed the most recent trading day at $274.30, moving +0.41{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} from the previous trading session. The stock lagged the S&P 500’s daily gain of 1.39{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}. Elsewhere, the Dow gained 0.83{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}, while the tech-heavy Nasdaq added 1.97{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}.

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Prior to today’s trading, shares of the home-improvement retailer had gained 1.17{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} over the past month. This has outpaced the Retail-Wholesale sector’s loss of 0.97{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} and lagged the S&P 500’s gain of 2.58{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} in that time.

Wall Street will be looking for positivity from HD as it approaches its next earnings report date. The company is expected to report EPS of $2.57, up 12.72{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $30 billion, up 16.38{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $11.76 per share and revenue of $129.56 billion. These totals would mark changes of +14.73{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} and +17.54{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}, respectively, from last year.

Investors should also note any recent changes to analyst estimates for HD. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign

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Q4 Earnings Scorecard and Analyst Reports for Home Depot, BHP & McDonald’s

Tuesday, January 19, 2021

The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features an update on the ongoing Q4 earnings season and new research reports on 16 major stocks, including Home Depot (HD), BHP Group (BHP) and McDonald’s (MCD). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Q4 Earnings Season Scorecard

We are off to a very good start in the Q4 earnings season, with an above average proportion of companies beating consensus estimates and the outlook for the coming periods steadily improving. Total earnings or aggregate net income for the 33 S&P 500 companies that have reported Q4 results already are up +8.5{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} from the same period last year on +1.3{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} higher revenues, with a very high 97{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} beating EPS estimates and 75.8{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} beating revenue estimates.

This is a notably better performance relative to what we saw from the same group of 33 index members in the first three quarters of 2020.

For the Finance sector, which has been dominating the early reporting cycle, total Q4

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Lowe’s Stock Undervalued Compared To Home Depot?

Both home improvement retailers in the U.S,  Lowe’s (NYSE: LOW) and Home Depot (NYSE: HD), are riding high on the Covid-19 wave as customers spent more of their disposable cash on home improvement projects rather than on vacations or dining out. But is Lowe’s stock appropriately priced compared to Home Depot stock? We believe that Lowe’s stock is very undervalued compared to HD stock, due to the notable mismatch in their current P/S multiples when compared with revenue growth and operating margins for the two companies over recent years. Lowe’s P/S multiple of 1.5x is substantially lower than the figure of 2.3x for Home Depot.

Lowe’s revenue growth over the last twelve months changed by 18.9{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}, which was higher than the figure of 13.2{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} for Home Depot. During the same period, the operating margin for Lowe’s changed by 2.7 percentage points, again better than the change of -0.3 percentage points for Home Depot. Our dashboard Lowe’s vs. Home Depot: LOW stock looks very undervalued compared to HD stock details the full picture based on revenue growth and operating margin – parts of which are summarized below.

1. Revenue Growth

While Home Depot still generates 1.5x more revenues than Lowe’s,

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Home Depot in Easton? Town asked to revise plan to host another ‘home improvement’ store | Local

EASTON — The town council will hear a request on Jan. 19 from a local property owner who wants to revise zoning text through an amendment to allow for the possibility of building a home improvement store east of U.S. Route 50 in Easton. The proposal would allow for a standalone, big-box home improvement store larger than 65,000 square feet.

The application is stirring up talk of a potential hew Home Depot store in Easton. In November, the town planning commission voted unanimously against the amendment.

Under the town of Easton’s current regulations, no major retail store larger than 65,000 square feet is allowed to be built outside of a shopping center. It must be within or adjacent to an existing shopping center.

The Gannon Family Limited Partnership, which owns property along U.S. Route 50 and leases land to companies such as Chipotle, Olive Garden and Tractor Supply Co., wants to change that.

Zach Smith, an attorney representing the Gannon Family, requested the change from the town at the end of October. He wrote a letter to the town planner dated Oct. 30 that his client was approached by a developer with interest in “proposing a new home improvement center

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COVID outbreaks hit Cypress Park Home Depot and Costco in Atwater Village | Coronavirus News



Atwater Village Costco entrance on election day 2020

The Costco Wholesale store in Atwater Village.




Two large big box retailers — Costco in Atwater Village and Home Depot in Cypress Park — have experienced two of the largest COVID-19 outbreaks on the Eastside, according to LA County public health reports.

County health officials track outbreaks of three or more people at workplaces. In recent weeks, large outbreaks have been reported among many large retailers, including Target and Whole Foods, according to the LA Times.

The latest figures show that 45 staff members were infected at Home Depot on Figueroa Street. The home improvement and hardware store is among 9 other Home Depots in Los Angeles County with outbreaks ranging from 15- 51 confirmed staff cases.

Home Depot spokeswoman Margaret Smith was unable to comment on the outbreak at the Cypress Park store but provided information the company’s procedures in such cases.

“Our focus is the safety of our associates and customers,” Smith said. “which is why we’ve implemented numerous safety measures including requiring masks, daily health checks for associates, social distancing and enhanced cleaning in addition to paid leave and time-off policies for associates which can be used for any reason.”

Sign

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Lowe’s Stock Undervalued Compared To Home Depot?

Both home improvement retailers in the U.S, Lowe’s (NYSE: LOW) and Home Depot (NYSE: HD), are riding high on the Covid-19 wave as customers spent more of their disposable cash on home improvement projects rather than on vacations or dining out. But is Lowe’s stock appropriately priced compared to Home Depot stock? We believe that Lowe’s stock is very undervalued compared to HD stock, due to the notable mismatch in their current P/S multiples when compared with revenue growth and operating margins for the two companies over recent years. Lowe’s P/S multiple of 1.5x is substantially lower than the figure of 2.3x for Home Depot.

Lowe’s revenue growth over the last twelve months changed by 18.9{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c}, which was higher than the figure of 13.2{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} for Home Depot. During the same period, the operating margin for Lowe’s changed by 2.7 percentage points, again better than the change of -0.3 percentage points for Home Depot. Our dashboard Lowe’s vs. Home Depot: LOW stock looks very undervalued compared to HD stock details the full picture based on revenue growth

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Home Depot and Lowe’s are Having Huge Years: Can the Growth Continue?

2020 has been a hugely successful year for home improvement retail giants Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW). Both have seen revenue and net income grow by double digits as millions of homeowners have found themselves spending substantially more time in their homes during the coronavirus pandemic. But will the strong results continue? It’s less clear in the near term, especially with coronavirus vaccines now starting to be distributed. The same people who spent big on home improvement in 2020 might be more likely to spend their disposable income on travel and leisure in the future. 

On the Nov. 6 edition of “The Wrap” on Motley Fool Live, host Jason Hall makes the case that strong home sales often indicate good business prospects for home improvement. See his discussion with Motley Fool and Millionacres contributor Tyler Crowe editor Millionacres editor Deidre Woollard below. 

Transcript: 

Jason Hall: They say that home sales is a leading indicator for home improvement stores. We’ve seen Home Depot and Lowe’s have just crushed it, their comps are double-digit now. Just insane the comps that they’ve delivered. My question is we have all this high demand, is pent-up demand for new homes that’s happening.

How

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Home Depot Won in the Pandemic. One Analyst Now Says It’s a Buy.

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Home Depot could begin buying back stock this year, the analyst says.


Al Bello/Getty Images


Home Depot

stock is getting a lift following an upgrade from Guggenheim, which says the home improvement retailer’s profits will rise thanks to recent investments.

Analyst Steven Forbes raised his rating on Home Depot (ticker: HD) to Buy from Neutral, and established a $310 price target for the stock. The move comes on the heels of the company’s acquisition of HD Supply, its recent $3 billion debt offering, and a more moderate valuation, which stands in contrast to the stock’s historical premium, he said.

Forbes originally moved to the sidelines with Home Depot in September of 2019, concerned that the company’s investment plans would weigh on profit margins. While management is still spending, he forecasts strategic investment will fall year over year in the second half of 2021, giving a lift to margins. The “2022 margin implications could be even greater as the weight of up to $900 million of incremental investment spend begins to roll off.” he wrote.

That leaves him confident that the company can return to a more normalized EBIT margin next year, leading to mid- and eventually high-single digit

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