The Home Depot Sees Softer Big-Ticket Sales, Better Inventory Position

The Home Depot reported earnings today and reaffirmed their guidance for the year. They didn’t dig too much into grills in particular, but their overall sentiment echoed what we’ve seen from other players in the market.

Softer Big-Ticket Sales

When it comes to grill purchases, they fit squarely in big-ticket discretionary purchases. Unfortunately, that’s what The Home Depot saw softness in for their quarter ending in July. It’s a continuation of the trend from their previous quarter.