Investor Presentaiton
U.S. Repair & Remodelling Expenditures
(US$ billions)
$201
$189
$175
$180 $185
$192
$199
90
$168
$158
$147
$139
$130
$137
$122
$115 $115
70
Repair And Remodelling Statistics
Remodelling Market Index
WFP
Source: Forest Economic Advisors (May 2023)
'12 '13 '14 '15 '16 '17 '18 '19 '20 '21 '22 23E 24E 25E 26E 27E
T
'12
'13
'14
'15
'16
'17
'18
'19
'20
'21
'22
'23E
50
30
'12 '13 '14 '15
'16
'17
'18
'19 '20 '21 122 '23
Leading Indicator of Remodelling Activity
(US$ billions)
Home Centres - Same Store Sales Growth
7% 7%
$484
$471
5%
4%
$406
1%
$363
$323
$328
$278 $280 $289
$265
$250
$235
4%
3%
iilli..
-1%
0%
平
-3%
-4%
-2%
1% 1%
الألم التي
-3%
-4%
4%
3%
1%
1%
0%
-3%
-5%
Source: National Association of Homebuilders; Future Market Indicators; based on a quarterly
survey of NAHB remodeler members that provides insight on current market conditions as well as
future indicators for the remodeling market
Source: Joint Center For Housing Studies of Harvard University; Home Improvement and Repair
Activity trailing 12 months; the Leading Indicator of Remodelling Activity (LIRA) provides a short-
term outlook of U.S. national home improvement and repair spending to owner-occupied homes
Home Depot
Source: Company reports; monthly values
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
-8%
Mar-23 0
Apr-23
May-22
Jun-22
Jul-22
Aug-22
Sep-22
45
45
Lowes
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
Above 50
means majority
of survey
participants are
reporting better
activity than
prior quarterView entire presentation