May is a big month for HomeDepot (HD 3.56%). Customer traffic tends to rise along with temperatures around the country as shoppers spend energetically on home improvement products. This springtime-demand spike drives the chain’s highest sales-volume weeks of the year.
Investors also get a critical update during this period. Home Depot’s fiscal first-quarter report arrives just at the start of the spring-demand spike. Let’s look at expectations around that upcoming announcement, set for May 16, and where the chain appears to be headed over the next few years.
big concerns
Worries that a recession will drive a sharp