The beehive of activity at US Home Depot stores over the Memorial Day weekend affirmed what the retailer itself and the stock market have been telling us lately: American consumers and investors are bullish on the home-supplies leader.
In fact, Home Depot’s solid recent performance—first-quarter earnings per share up 19 percent over a year ago, a 9 percent increase in revenues over the 2015 period and shares that are consistently outperforming the market—place its performance in solid and welcome opposition to the intensifying woes of other brick-and-mortar retail sectors, such as department stores and apparel chains.
