Despite solid FQ1 results, Home Depot (HD) saw the stock slump over 2% on the day. The total comp sales were up 6.5% and very strong 7.5% in the U.S. These strong numbers led to a $0.09 beat for the quarter. The problem is that the home improvement retailer only grew the store count by 1 and trades at roughly 21x the updated guidance for a $6.27 EPS this year. The real scare came with the relegation that comp sales growth slowed from a 10% base to only 4% recently. Without comp sales growth, Home Depot doesn't have any growth. Lowe's (LOW) reports tomorrow morning and good see a bigger drop if the company continues to the pattern of worse numbers than the larger home improvement brother. Disclosure: No position