Christopher Horvers

Christopher Horvers has been quoted 4 times. The two most recent articles where Christopher Horvers has been quoted are Lowe's shares drop on JP Morgan downgrade and Home Depot's comparable sales and profit beat estimates. Most recently, Christopher Horvers was quoted as having said, “We believe an uneven consumer environment, difficult comparisons ahead, higher exposure to big ticket spending among a declining backdrop of consumer confidence, and a stepped up promotional atmosphere lead to a challenging environment in 2017.”.

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If the consumer doesn't bounce post-election, we worry that this late cycle weakness looks more like a recession.

We believe an uneven consumer environment, difficult comparisons ahead, higher exposure to big ticket spending among a declining backdrop of consumer confidence, and a stepped up promotional atmosphere lead to a challenging environment in 2017.

On a monthly basis, we believe that February was the strongest month, driven by a 'warm winter' and unseasonal weather last year in many areas.

We think the stock pulls back here, but ultimately the business is going to re-accelerate and the stock will accelerate.

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