Pro comps were flat in the fourth quarter, though pros expressed optimism for their businesses in 2024.
The home-improvement retailer remains committed to growing its pro wallet share, with several initiatives planned for 2024.
Single-family demand improved on a sequential basis, but remained lower than the same time a year ago.
Despite a pullback in DIY customer discretionary spending, pros continue to report healthy backlogs.
The retailer has identified capturing a larger share of the pro wallet as a significant growth opportunity.
