Home Depot’s long-term strength contrasts with recent stock underperformance

Home Depot remains the dominant player in the global home improvement retail space, backed by its massive scale and strong brand recognition. Over the past year, the company generated about $166 billion in sales, far ahead of its closest competitor, Lowe’s, and operates more than 2,000 stores across the United States. However, softer macroeconomic conditions and weaker consumer demand for big ticket home projects have weighed on recent performance.