Home Depot Warns Of Price Changes From Tariffs
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Home Depot’s sales improve
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Intel rises following an announcement that SoftBank would invest $2 billion in the chip maker, and Home Depot trades higher after maintaining fiscal-year sales guidance.
In Q1, Home Depot experienced solid demand for smaller projects and seasonal activities; however, high interest rates deterred many consumers
Home Depot's Q2 earnings fell slightly short of Wall Street's target, but the company announced some news that has potentially huge implications.
The home improvement chain is now one of the companies most caught up in Trump's immigration crackdown. The retailer's history with day laborers is long. So far, it's choosing to keep its distance.
The company's full-year forecast assumes no substantial change in the number of consumers revamping their homes.
Home Depot missed analysts' estimates for second-quarter sales and profit on Tuesday, as price-conscious homeowners reined in spending on large-scale home renovations and focused on do-it-yourself projects.
Home Depot (HD) reported second quarter results that missed on revenue, earnings, and same-store sales growth. Yet shares are rising in pre-market trading on hopes that consumers focusing on small home improvement projects could benefit the retailer.