Factor the Weather into Home Improvement Sales
The earnings call quotes above show how two of the world’s leading DIY retailers understand the importance of weather on performance and how they have prioritized the ability to calculate the financial impacts.
For hardware and DIY retailers, no other external variable has the ability to influence sales as frequently, immediately, or meaningfully as the weather. Factoring in the weather helps businesses better align inventories with market-level demand. plan for weather-based demand volatility and grow profits through higher sales (fewer stockouts), lower inventory costs, and reduced markdowns. Contact us to learn more.
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