Home Depot Clears Halloween Inventory with Deep Discounts, Stock Rises Slightly
Home Depot (NYSE:HD) is aggressively discounting its remaining Halloween inventory, including popular items like the giant skeleton 'Skelly' and companion pets, at up to 75% off. The clearance sale reflects prudent inventory management ahead of the holiday season's end.
Investors responded positively to the move, nudging Home Depot shares higher in Friday morning trading. However, limited stock availability may curb the financial impact of the promotion as many items are already sold out.