The Home Depot reported Q1 earnings today, where they guided down sales for the year. They felt pressure from lumber deflation and unfavorable weather, primarily out west. These are the key grill related takeaways from the large retailer.
Bad Weather
While it wasn’t confined to grills for Home Depot, bad weather hurting sales is something we’ve heard previously on the manufacturer side from Vista Outdoor and Middleby. What was most interesting that Home Depot revealed is out west when there’s bad weather, it causes lost selling weeks as opposed to a backlog.