In both of the past two quarters, Home Depot's revenue would have fallen year over year if SRS' sales were excluded.
Melissa Repko | CNBCA jolt to the businessFor Home Depot, the expansion into the pro business comes at a challenging time.
With housing turnover near its lowest in decades, the pro business has also felt pressure.
Grom said Home Depot's growing pro business is what helps to attract investors and set it apart from its main competitor, Lowe's .
The SRS deal and the focus on pro does not mean Home Depot is abandoning efforts to jolt the rest of its business.
Persons:
Melissa Repko, Ted Decker, Decker, Dan Tinker, Joe Feldman, Chuck Grom, Gordon Haskett, Group's Feldman, it's, Grom, Tinker
Organizations:
Texas Pool Supply, CNBC, Depot, Home Depot, Telsey Advisory, Home, Federal Reserve, Lowe's
Locations:
Texas, CNBC PLANO , Texas, Dallas, Atlanta, Los Angeles, U.S