Home Depot Stock Ticks Up After Updated Outlook, Earnings Beat
Dow Jones retailer Home Depot beat estimates for Q2 earnings and revenue early Tuesday. But…
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Home Depot warns of sales, profit decline on weak consumer spending
Home Depot (HD.N), opens new tab warned of a decline in annual profit and a bigger drop in its annual…
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Home Depot customers go big on smaller projects
Home Depot customers are still shopping — they’re just shifting their priorities on improvement projects. “Our customers and our contractors tell us that there is some stance of deferral when it comes to large projects. Customers are opting for smaller versus larger,” Home Depot CFO Richard McPhail said during Tuesday’s earnings call. “We are also…
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Home Depot’s Earnings Hit Lowe’s Stock Too. Here’s Why.
Home Depot’s downbeat forecast sent a chill through the home-improvement sector and the wider market last week. That pushed down Lowe’s stock, albeit temporarily, and led to lower expectations for the rival retailer’s coming results, slated for early Tuesday. Analysts had already been lowering their earnings and revenue estimates for Lowe’s (ticker: LOW), which stood…
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