The Home Depot Inc (NYSE:HD)
$ 346.36 -0.07 (-0.02%) Market Cap: 343.25 Bil Enterprise Value: 391.21 Bil PE Ratio: 22.94 PB Ratio: 329.87 GF Score: 92/100

Home Depot Inc at Morgan Stanley Global Consumer & Retail Conference (Virtual) Transcript

Dec 02, 2021 / 05:10PM GMT
Release Date Price: $407.77 (+1.84%)
Simeon Ari Gutman
Morgan Stanley, Research Division - Executive Director

It's Simeon Gutman, Morgan Stanley's hardline, broadline and food retail analyst. It's my pleasure to welcome you to the session fireside with Home Depot represented by EVP and CFO, Richard McPhail; and VP of IR, Isabel Janci.

First, welcome to Home Depot. This is the first time I think you're at this event virtually. For whatever reason, the calendars aligned, so thanks for being here. I have to read a quick disclosure then maybe a quick intro, and then we'll get right into questions. For important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. If you have any questions, please reach out to your Morgan Stanley sales representative.

I don't think Home Depot needs a very big introduction. This has been one of the best-performing retailers, I'd say, over the last 2 decades. The industry is great. The company has been managed extremely well over time. I think

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