The Home Depot Inc (LTS:0R1G)
$ 178.57 0 (0%) Market Cap: 403.18 Bil Enterprise Value: 466.18 Bil PE Ratio: 26.88 PB Ratio: 89.74 GF Score: 93/100

Home Depot Inc at Goldman Sachs Global Retail Conference (Virtual) Transcript

Sep 10, 2020 / 03:40PM GMT
Release Date Price: $178.57
Katharine Amanda McShane;Craig A. Menear
Goldman Sachs Group, Inc., Research Division - Equity Analyst

Everyone, thank you for joining us for our virtual lunch presentation. My name is Kate McShane. I'm the hardlines, broadlines analyst here at Goldman Sachs. It's my pleasure today to introduce the members of the management team from The Home Depot.

Home Depot reported second quarter results recently with comps up over 23% with broad-based strength throughout the quarter. All months were over 20%, and every region comped double digits, and strong demand was carried through to the first 2 weeks of August with comps still at similar levels. 13 of 14 merchandise departments posted double-digit comps with DIY still outperforming, but Pro accelerating meaningfully versus Q1.

We're very happy to introduce Craig Menear, CEO of the Home Depot; and Ted Decker, EVP of Merchandising. We're also joined by Isabel Janci, VP and Treasurer; as well as Tim Walsh and Lyndsey Burton from the Investor Relations team.

Craig and Ted, thank you so much for joining us today.

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