The Home Depot is expected to report its latest quarterly results Tuesday morning. Home improvement chains have been cashing in on the housing market rebound, as buyers – new and old – fix up their investments. Analysts said these stores also have figured out how to defend themselves against what’s known as “the Amazon effect.”
“It’s just a lot easier to walk in and say, ‘Hey I’ve got this thing I need to fix, can you show me where it is in the aisle?’” said analyst Joe Feldman with Telsey Advisory Group.
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