Tag: $Home Depot

Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects.

Home Depot forecast a smaller drop in annual same-store sales on Tuesday, benefiting from resilient demand from professional contractors, as well as a lift from hurricane-related spending.

Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high interest rates and consumer uncertainty dampen demand.

Home Depot Inc. posted better-than-expected third-quarter earnings early Tuesday, but said its customers were avoiding certain big-ticket items.

Home Depot topped earnings expectations on Tuesday, but posted a 2% year-over-year sales decline as customers remained wary of big purchases and major projects.

Home Depot on Tuesday reported its biggest revenue miss in more than 20 years and lowered its forecast for this year.