open.substack.com
The New Pro Home Depot (Issue #82)
The Home Depot (NYSE: HD — $281.9b) is changing a core part of its business. Home Depot can categorize the major of its business into two columns, the consumer business and the pro business. Currently, the consumer business accounts for a larger portion of revenue, however, in the companies TAM and revenue projections they forsee pro becoming a larger part of their business.