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 ...
Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as ...
Home Depot raised its annual same-store sales forecast on Tuesday, betting on resilient demand from professional contractors ...
Home Depot reported better than expected sales during the prior three months as consumers relied on its products to help them ...
Home Depot's CFO said investments to combat retail theft are "paying off" but the operating environment is "getting harder ...
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 ...
The Home Depot, Inc. (HD) reported earnings for third quarter that decreased from last year but beat the Street estimates. The ...
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