27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Home Depot Inc (NYSE:HD) has reaffirmed its guidance for fiscal 2023. It sees FY23 sales and comparable sales to decline between 2% and 5% compared to FY22.
HD expects EPS to decrease between 7% and 13% versus FY22. The company sees operating margin rate of 14.3% to 14%.
In a market stability base case outlook, the company sees sales to grow between 3% to 4% per year with mid-to-high-single-digit EPS growth.
"While a lot has changed in the environment and our business since our last Investor and Analyst Conference, our objectives to grow market share and deliver exceptional shareholder value remain unchanged, and our culture and values remain our guideposts," said Ted Decker, chair, president, and CEO.
Also Read: Morgan Stanley Reaffirms Home Depot's Positive Outlook And Potential EBIT Margin Expansion
"Once the home improvement market returns to stability, we expect to see sales growth consistent with how our business has performed in the past," said CFO Richard McPhail.
At the end of Q1 2023, the company operated a total of 2,324 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.
Price Action: HD shares are trading higher by 0.71% at $302.99 in premarket on the last check Tuesday.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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