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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 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 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. SRS provides ...
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.
In the fiscal 2024 second quarter, transactions dropped 2.2%, while ticket size dipped 1.3%. ... When will same-store sales rebound? Home Depot's same-store sales struggles stem from a few issues ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 8 February 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 ...
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