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The latest quarterly update from Home Depot ... The stock is down about 8% from its 52-week high, ... Home Depot now expects full-year comparable sales to decrease between 3% and 4%, revised lower ...
The home improvement retailer's overall sales edged up by 0.6% to $43.2 billion. Adjusted earnings per share (EPS), meanwhile, fell a penny to $4.67. Looking ahead, the company lowered its full ...
May 14, 2024 at 1:24 PM. Home Depot's sales continued to soften in the first quarter as the nation's largest home improvement retailer was not only constrained by high mortgage rates and higher ...
The Home Depot, Inc. is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [4] In 2021, the company had 490,600 employees and more than $151 billion in ...
Revenue rose slightly from $42.92 billion in the year-ago period. Comparable sales dropped 3.3% in the quarter across the business and declined 3.6% in the U.S. That was worse than the 2.1% ...
Sales at store open at least a year, a key gauge of a retailer's health, declined 2.8% globally, and 3.2% in the U.S. Last week the average rate on a 30-year mortgage fell for the first time in a month, a slight relief for home shoppers already facing the challenges of rising housing prices and a shortage of homes for sale.
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