Home Depot: Not Too Late To Abandon Ship

Home Depot continues to face sluggish comparable sales growth and margin contraction, with Q1 results showing little improvement in business momentum. Despite modest beats on Q1 revenue and EPS, Home Depot's full-year guidance remains unchanged and below consensus, signaling ongoing operational headwinds. Material cost inflation offsets potential tailwinds from aging U.S. housing stock, leaving long-term prospects uncertain.