The longer you own companies like this, the more sense it makes, right? I mean, there are going to be some capital gains that come with a stock like this, but clearly, when you look at how the market values something like a Walmart versus an Amazon, you start to understand the discrepancies there. Fast-forward to today, there was a catalyst. The company expects comps to fall by 2% to 2.6%, compared to the previous guidance of a 1.5% decline to 0.5% increase. So, I think Menear is smart to just say, yep, this is a great quarter, let's not try to, you know...and he's pointing at the Wall Street analysts, just saying, let's not extrapolate this for the next two quarters.
I mean, I think that when they're ready, they'll announce it. And I say all that, because if Walmart's first-quarter report was about food -- and it was -- this second-quarter report that we got this morning seems to be about stuff. So, they're helping out homeowners like us, and they're helping out contractors that are able to get back to work. At Home Group reduced its outlook for the fiscal year, with revenue now expected to be $1.35 billion to $1.36 billion, down from the prior forecast of $1.37 billion to $1.39 billion. Like, you know, you read between the lines of what Menear said. The home decor retailer is struggling to pass along tariff costs to consumers and cut its full-year outlook. Let's conquer your financial goals together...faster. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. The company also completed a sale-leaseback transaction during the quarter related to four properties. So, yeah, while retailers out there are having a difficult time, but Walmart seems to be coping very well. I mean, obviously, we understand why that's the case, but yeah, two very different scenes. Let's conquer your financial goals together...faster. But even in this environment they've stretched it, if you look at inventory levels this past quarter, total U.S. inventory levels were actually down 4.6%, which is just, you know, that's something to note, because while the supply chain volatility is starting to settle down, I mean, over the quarter and over the first half of the year, they've seen some shortages in certain things and some stuff, right?
But when you dig into the numbers, I think it really does show you a business that is continuing to perform very well in what is, obviously, a very difficult economic climate. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. [laughs] Because it is basically that simple: They sold more stuff. And I'm a little bit less glass-half-full, when it comes to that. At this time, At Home Group has a strong Growth Score of A, a grade with the same score on the momentum front.
Market data powered by FactSet and Web Financial Group. Now, we know 5G is coming out, so people are kind of holding off and they're going to wait and they're going to start buying new phones when the tech gets better. Joe Feldman, Telsey Advisory Group analyst, discusses future outlook for Home Depot and other home improvement stocks. Following the exact same course, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy. Stocks. Stock Advisor launched in February of 2002. Thank you. Chris Hill: It's Tuesday, Aug. 18th. Moser: It's like a Costco or an airport; or it's like a Costco and an airport hooked up. The show is mixed by Dan Boyd, I'm Chris Hill, thanks for listening, we'll see you tomorrow. And so, automakers around the world are really investing a lot in bringing these automobiles to the next level from a tech perspective. Hill: I bet the airlines, and anyone who owns an airline stock, wishes that the airports were as busy as Home Depot. Why SolarEdge Stock Dropped 10% Today ... SEDG) closed Thursday trading down 9.8%, and its peer, solar inverter-maker Enphase Energy (NASDAQ:ENPH), declined a similar 10.2%. Hill: Happy Tuesday, indeed. Shares have lost about 13.9% in that time frame, underperforming the S&P 500. And that will help, I think, those new car sales. At Home projects seasonal inventory to decline 20% and 10% in the fiscal third and fourth quarters, respectively. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. October 01, 2020. And you know, this stock, I mean, the business and the stock itself, it's been, sort of, this long-drawn-out decline, going into the bear market back in March. The FAANG quintet is still up roughly 50% year to date. I mean, when you look at something like a Walmart and you try to get an idea of expensive versus cheap, I mean, we're living in this world now of businesses that make no money and trade for 30X to 40X sales and that's, kind of, become the new normal, which makes a Walmart trading at 20X earnings seem almost absurd. But when you look at U.S. comps, U.S. comps up 9.3%, that's on top of 10% a quarter ago. But if they get that right, you know, that's one more lever they can pull. I mean, you're talking about Advance versus AutoZone versus O'Reilly. [laughs]. So, it's a difficult time for Advance in this market. You know, supply chain issues aren't new.