Consumers are cutting back on remodeling projects and big home upgrades. That’s hurting Home Depot’s business.
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 ...