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Based on FactSet's StreetAccount Earnings Call Q&A Summary for Home Depot from May 16, 2023, which of the following was a takeaway? The shift of
Based on FactSet's StreetAccount Earnings Call Q\&A Summary for Home Depot from May 16, 2023, which of the following was a takeaway? The shift of PCE from pre-COVID to today has not completely reverted, affecting larger home improvement projects. Inflation has abated and prices have settled; gross margin pressure expected to be slight year-over-year. Inflation has abated, but not expecting a deflationary environment; encouraged by improvement in transactions and normalization. Home value has the tightest correlation to home improvement spend Step by Step Solution
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Financial Markets And Institutions
Authors: Jeff Madura
8th Edition
0324568215, 978-0324568219
