Let's ride the 'Walmart + Flexport' wave
End-to-end vertical play?
– Home Depot crushed Wall Street’s estimates for its fiscal first-quarter earnings and revenue.
– The retailer has gotten a boost to sales over the last year during the coronavirus pandemic.
– Home Depot hasn’t released an outlook for fiscal 2021.
Home Depot on Tuesday crushed Wall Street’s earnings estimates as consumers’ splurging on their homes lingers more than a year into the coronavirus pandemic.
Shares of Home Depot rose more than 2% in premarket trading. The stock has risen more than 20% so far this year, giving it a market value of $344 billion, as of Monday’s close….
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Now you may also want to read this: “Walmart earnings beat as retailer sees robust growth in grocery and online sales“.