May 8, 2017
The home improvement segment is showing signs of eluding the troubles plaguing much of the consumer-sales sector. Retailers ranging from Lowe’s Co. and Home Depot Inc., to Sherwin-Williams Co. and Floor & Decor Holdings Inc., are experiencing a strong rebound and increased stock prices.
Not only are consumers being drawn into stores, investors have taken notice, as well. This retail segment has proven to be internet-resistant, so far. Home Depot and Floor & Decor are expanding their footprints.
The most likely triggers behind the rally are increased construction, as part of a larger housing market recovery, coupled with rising home prices, that’s convinced homeowners to tackle home improvement projects.
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