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Home Depot making some noise in flooring

Jul. 11, 2018 12:46 PM ETThe Home Depot, Inc. (HD) StockHD, LL, FNDBy: Clark Schultz, SA News Editor23 Comments
  • Home Depot (HD -0.3%) is starting to show some influence in the private label flooring industry, observes Wedbush.
  • The firm thinks the growing presence of Home Depot could increase competition for Lumber Liquidators (LL -4.5%) and Floor Decor Holding (FND -7.3%).
  • Home Depot's website shows 53 different products listed under the LifeProof Luxury Vinyl Planks product category alone.
  • LL and FND could also face a headwind if sourcing from China becomes more costly amid the dueling tariff battle.

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