Home Improvement Retail

Consumer Discretionary

#4 of 100▲3·3 names·$421BRanked by 1M vs S&P 500

1D

-2.3%

vs S&P -2.0%

1W

-1.8%

vs S&P -5.1%

1M

+16.4%

vs S&P +18.0%

3M

-3.3%

vs S&P -0.8%

Breadth

100%

of names above their 50-day average

Thesis reaching here

Falling home sales reduce the number of people moving and furnishing new homes, cutting sales for furniture and home improvement retailers3 sourcesLOW

3 names in this industry

S&P 500Reference1D -0.4%1W +3.3%1M -1.6%3M -2.5%


LOWLowe's Companies, Inc.	-1.8%	+0.1%	+20.8%	+4.1%
HDThe Home Depot, Inc.	-0.9%	-0.5%	+17.9%	+2.8%
FNDFloor & Decor Holdings, Inc.	-4.4%	-5.1%	+10.4%	-16.6%

3 recent connections

Nov 12Home sales sink to a 16-year low, so Williams-Sonoma and Lowe's may lose spending from new moversLOW Oct 10Consumer sentiment slips to a 5-month low near record lows, and Home Depot and Best Buy may feel itHD Sep 20With 7% mortgages, owners renovate instead of moving, good news for Lowe's and Sherwin-WilliamsFND LOW

Adjacent

Specialty Retail

Adjacency is derived from our own theses, never from price correlation.

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