In a suburban warehouse, giant buckets of pool sanitizer and boxed-up heaters and pumps line the shelves. This isn’t a Home Depot store, but these aisles — and the company behind them — will shape the home improvement retailer’s success over the next decade.
Yet investors have expressed some optimism. Telsey Advisory Group’s Feldman recently upgraded Home Depot’s stock. While he said he expects negative comparable sales next quarter and perhaps even in the first quarter of next year, he said he anticipates a return to growth next spring.
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