HD will miss on revenue and profits this quarter for sure.
1. thick snow falling in many states like Kansas, Missouri, Nebraska, and far North States.
2. Gov Tax Hikes recently get affected.
3. Another round of home foreclosures.
I look for HD stock price to fall to under $60 level before reconsidering to buy some of it; for now, I stay sideline on it. GLTA.
Don't worry if you are a long. They have most illegal Mexicans in the country working for them in the capacity of, "professional installers." All in secrecy, of course. All jobbed out to illegal Mexican labor shops.
My guess is they are banking on some kind of amnesty program to cleanse the past ten years of All Mexican All The Time installations.
No big deal, it's just your grandchildren's problem. Mighty Whitey has completely sold out in hopes that their 401K will survive until they take the dirt nap.
Make no mistake. White America has sold out the younger generation in return for RASCAL scooters, Viagra and a few comfy years in a rest home.