Google’s AI Do-Over, The Retailer to Buy into Earnings, and Disrupting Fertility Care 5/10/23
The Exchange
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Flooring Decor: A Good Company Long Term
Home improvement stocks are keyed off of existing housing sales. Flooring decor had a really tough, basically, November, December that allowed it to go up a lot this year when they did guide down earnings earlier in the year. If second quarter isn't any better than first quarter, which was down around 3% for lows, we think that the street numbers will probably end up coming down and they might end up steering people towards the lower end of their current guidance.
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