Home Depot's sales are improving, but it says consumers are still cautious about spending
Home Depot's sales have gotten hit by economic factors, as higher interest rates slow housing turnover and more than two years of high inflation makes homeowners less willing to spring for discretionary purchases and do-it-yourself projects. The company had cut its full-year forecast for comparable sales in August, citing consumer uncertainty.
An increasing number of consumers continue to watch their spending carefully, and Home Depot just shed some light on why.
Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe ...
Home Depot raised its annual same-store sales forecast on Tuesday, betting on resilient demand from professional contractors ...
However, Home Depot went through a rough patch earlier this year and warned that sales would be weaker than expected in the ...
Home Depot's CFO said investments to combat retail theft are "paying off" but the operating environment is "getting harder ...
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Home Depot Inc (NYSE:HD) stock is trading higher after the home improvement retailer beat its third-quarter earnings ...
Home Depot's quarterly sales rose more than 6% year over year, as it folded in a newly acquired business and ...
Home improvement retail giant Home Depot (NYSE:HD) reported Q3 CY2024 results topping the market’s revenue expectations, with ...
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Home Depot Stock Rises Pre-Market After Q3 Beat: Retail Saw It ComingShares of Home Depot, Inc. ($HD) climbed over 2% in Tuesday’s pre-market trading after the home improvement giant posted ...
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