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Moody's U.S. retail/home improvement........>

RATINGS
RATINGS: Moody's U.S. retail/home improvement report said "the home improvement
sector remains a bright spot even as a myriad of challenges afflict the broader
US retail industry." They "expect the sector will sustain its performance over
the next 12 to 18 months, with operating income growth significantly higher than
that of the broader retail industry."
- "As many subsectors of the US retail space struggle from a structural shift to
online sales and more demanding consumers, home improvement remains a bright
spot," said Moody's analyst William Fahy. "We expect operating income for the
sector to grow 5% to 7% this year, against 1.5% to 2.5% for the broader retail
industry in 2017."

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