Specifically, consumer-discretionary spending tends to fall during recessions, which led to a decline in net sales for Home Depot in 2008 and 2009. Home Depot likely benefited from these factors, and it's possible some sales were pulled forward. Sales growth could even turn negative if the recession gets worse. Read More...
Better Buy: Disney vs. Home Depot
Specifically, consumer-discretionary spending tends to fall during recessions, which led to a decline in net sales for Home Depot in 2008 and 2009. Home Depot likely benefited from these factors, and it’s possible some sales were pulled forward. Sales growth could even turn negative if the recession gets worse.
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