Home Depot Kicks Off Retail Earnings With Falling Sales
Home Depot reported first-quarter earnings of $3.63 a share. Revenue came to $36.4 billion for the quarter, down 2.3% from the same period a year earlier. Same-store sales fell 2.8%, and same-store sales in the U.S. dropped 3.2%.
Home Depot misses on revenue, as high interest rates hurt sales
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.
Home Depot Posts Bigger-Than-Expected Quarterly Comparable Sales Drop
(Reuters) -Home Depot posted a bigger-than-expected drop in quarterly same-store sales on Tuesday as cautious homeowners shelled out less for big-ticket purchases while focusing on small-scale repairs.
Home Depot sales fall in Q1 on soft housing market
The Home Depot’s first-quarter net sales fell 2.3% to $36.4 billion from $37.3 billion a year ago, the company said on Tuesday. Comparable sales in Q1 decreased 2.8%, with a U.S. comparable sales decrease of 3.2%, and net earnings declined 7% to $3.6 billion from $3.9 billion year over year.
Home Depot comparable sales drop steeper than expected on easing demand
Home Depot posted a bigger-than-expected drop in quarterly same-store sales on Tuesday as cautious Americans shelled out less for big-ticket items while focusing on small-scale home repair and maintenance tasks.
Home Depot Posts a Sixth Sales Drop Amid Housing Market Woes
Home Depot Inc.’s string of negative sales extended into a sixth straight quarter as the big-box retailer struggles to overcome a weak housing market and lower demand for big-ticket items.
Home Depot's revenue misses Wall Street's expectations as consumers put off big purchases
Home Depot on Tuesday missed Wall Street’s expectations for sales as Americans reined in spending on big projects and focused on smaller-scale home repairs.
Home Depot Kicks Off Retail Earnings. Wall Street Expects Falling Sales.
Continued slow sales of housing likely took a toll on Home Depot’s first-quarter revenue, so Wall Street is well prepared for soft financial results from the retailer. Home Depot is scheduled to release its first-quarter earnings before the market opens on Tuesday.
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The Home Depot approved to build in Mandarin
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'Home Depot will have to listen': Advocates denounce day laborer arrests in New Rochelle
A press conference was held Wednesday across from the New Rochelle Home Depot to denounce the arrests of two day laborers.
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NY Home Depot hires guards, dogs to keep parking lot safe from thieves, aggressive migrants
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Home Depot Still Looks Sturdy
High rates and low housing turnover are a drag, but there is much to like.