Home Depot (HD): Does Becoming a Bigger Distributor Change How the Stock Should Be Valued?

The Home Depot, Inc. (NYSE:HD) now combines 2,364 retail stores with more than 1,340 distribution locations. That broader network can capture more contractor spending, but it also brings different margins and funding requirements. With housing affordability restraining large renovation projects, investors need returns from the expanded business before rewarding its greater size. The Home Depot, […]