Home Depot (NYSE: HD) posted a solid third quarter, reflecting steady demand for home improvement projects amid an economic slowdown. With plenty of homeowners still not back to the office five days a week and spending ample time at home, this consumer discretionary stock looks positioned to gain even more dominance in the home improvement market. CEO Ted Decker cited strength across most of Home Depot's departments and solid growth among pro and do-it-yourself customers.
Walt Disney (NYSE: DIS) had a long history of earnings growth -- until the early days of the pandemic. This was particularly bad news because Disney's parks, experiences, and products business historically has contributed the most to revenue. The parks, experiences, and products business posted a 73% increase in revenue for the recently ended fiscal year.