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For 2024, Home Depot is expected to forecast roughly flat comparable sales, improving from an estimated 3.2% decline in 2023, according to LSEG data. Lowe's is likely to forecast a 1.1% drop ...
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 inflation for its customers ...
For the first quarter, Home Depot Inc. earned $3.6 billion, or $3.63 per share, down from the $3.87 billion, or $3.82 per share, it earned in the same period last year. But that was better than the $3.61 per share that Wall Street expected.
Updated August 13, 2024 at 8:23 PM. A Home Depot store in Washington, D.C., on Monday. ... It marked the seventh consecutive quarter of negative comparable sales at Home Depot.
Home Depot remains focused on the strength of the professional builder and contractor side of its business and catering to the needs of those customers. In March Home Depot announced that it was buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion including debt.
Home Depot reported fourth-quarter sales of $34.79 billion, down from $35.83 in the prior-year period. Home Depot's strong fourth quarter overshadowed by weakening sales and expectations for 2024 ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 28 January 2025. American multinational home improvement supplies retailing company The Home Depot, Inc. An aerial view of a Home Depot in Onalaska, Wisconsin Company type Public Traded as NYSE: HD DJIA component S&P 100 component S&P 500 component Industry Retail (home improvement) Founded February 6 ...
Home Depot earned $3.81 billion, or $3.81 per share, topping the $3.76 per share that industry analysts had expected, but it's down from last year when the Atlanta company earned $4.34 billion, or ...
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