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Stock impact report

Home Depot tops Q4 estimates as it sees steady housing demand [Yahoo! Finance]

Floor & Decor Holdings, Inc. (FND) 
NASDAQ:AMEX Investor Relations: dictionary.com/browse/floor
Company Research Source: Yahoo! Finance
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts Video Transcript Speaker A a bright spot here. So Steven, how do we read these Home Depot numbers both sort of as a referendum on the company, but also on the broader housing market. Speaker B Yeah, I I I'd say, you know, thanks for having me on, Julie. I would say it's, you know, it's more of the same, right? The underlying demand trends for the business have been stable, but we're still waiting for that housing market to kind of unfreeze, right? Like the core, the core thing we'd love to see would be housing turnover improve, right? Like mortgage rates coming down, existing home sales starting to inflect. That would be a big driver of large project activity. We just haven't seen that thus far, but I'd say overall, you know, stable would be kind of the demand outlook. Speaker A What would change that, right? Because, you know, we've already seen mortgage rates come d Show less Read more
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