Home Depot Customers Staying Resilient, CEO Says -- Market Talk
Dow Jones
May 19
1119 ET - Home Depot Chief Executive Ted Decker says in a call with analysts that the company's customers have been "remarkably resilient." Economic uncertainty is causing them to delay large projects but the company's core homeowner customer is among the healthiest of all consumers, he says. "Employment is hanging in there. Wage growth has been reasonably strong," he says. "They did have that 50% value pop in the value of their homes over the past several years. And their portfolios of equities have also improved." As a result, they are continuing to engage in smaller home improvement projects, the company says. (nicholas.miller@wsj.com)
(END) Dow Jones Newswires
May 19, 2026 11:19 ET (15:19 GMT)
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