Digital Intelligence Platform Home Depot
Will Momentum Continue for Home Depot and Lowe’s in 4Q17? PART 4 OF 9
In the abutting four quarters, Home Depot (HD) is accepted to beat Lowe’s Companies’ (LOW) acquirement growth. Analysts apprehend Home Depot to column acquirement of $104.34 billion in the abutting four quarters, which represents advance of 5.2% from $99.23 billion in the agnate four abode of the antecedent year.
The absolute SSSG (same-store sales growth), the accession of new stores, and the accretion of Compact Power Accessories are accepted to drive Home Depot’s acquirement advance in the abutting four quarters. Home Depot acquired Compact Power Equipment, which provides accessories rental and aliment services, on July 6. The accretion is accepted to enhance Home Depot’s capabilities to serve specific needs of its Pro customers, active sales.
Home Depot’s SSSG is accepted to be propelled by an amplification in the across of assortment, accessory of chump acquaintance through abstruse advancements, and business and promotional initiatives. In 4Q17, the aggregation alien the Akita LXT artefact band and the Dewalt Flexvolt cordless air compressor. Also, Home Depot has been aerodynamics assorted commitment options to drive its online sales.
Analysts apprehend Lowe’s to column acquirement of $70.6 billion in the abutting four quarters, which represents advance of 2.5% from $68.90 billion in the agnate four abode of the antecedent year. Acquirement advance is accepted to be apprenticed by favorable SSSG, the accession of new stores, and the accretion of Central Wholesalers and Aliment Supply Headquarters.
The SSSG of Lowe’s is accepted to be apprenticed by advance in associates on the MyLowe platform, the addition of new avant-garde products, the accessory of chump acquaintance through the accomplishing of agenda advancements, and accretion the functionalities of Lowes.com for barter to appoint with its in-home activity specialists.
During the aforementioned period, Williams-Sonoma (WSM) and Bed Bath & Beyond (BBBY) are accepted to column acquirement advance of 3.4% and 0.9%, respectively.