Consumers are cutting back on remodeling projects and big home upgrades. That’s hurting Home Depot’s business.
Home Depot forecast a bigger drop in full-year profit after missing Wall Street estimates for quarterly earnings on Tuesday, as tariff-driven economic uncertainty dampened demand for big-ticket ...
A slower third quarter led the company to trim its outlook for the rest of the year, a bad sign for the overall economy.
Home Depot reported lower third-quarter profit and lowered its full-year outlook as an extended downturn in home-improvement ...
Home Depot earnings fall short of forecasts as middle-class shoppers pull back, reflecting weaker consumer spending.
Key Takeaways Fewer homeowners are hiring contractors for repairs and renovation, and some are selecting less expensive countertops, Home Depot executives said Tuesday.The retailer described this as a ...
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Home Depot now expects a slight increase in comparable 52-week sales growth but a 5% decline in adjusted diluted earnings per ...
The big box retailer said tariff costs and elevated mortgage rates had slowed consumer spending on new homes and remodeling ...
Home Depot is leveraging artificial intelligence to help professional contractors with a complex task—measuring and ...
Home Depot (NYSE: HD) reported lower Q3 earnings due to weak demand and consumer uncertainty. Sales beat estimates while EPS ...