Home Depot's sales continued to fade during the fourth quarter as the country's largest home improvement retailer feels the impact of high mortgage rates and inflation on its customers.
Capital One (COF) has reportedly agreed to buy Discover (DFS) in an all-stock deal worth $35.3 billion.
Home Depot Inc. (HD) on Tuesday reported declines in sales and earnings for its fiscal 2023 fourth quarter as customers cut back on home improvement spending in a high interest-rate environment.
Although the revenue and EPS for Home Depot (HD) give a sense of how its business performed in the quarter ended January 2024, it might be worth considering how some key metrics compare with Wall Stre
Home Depot Inc (NYSE:HD, ETR:HDI) saw a decline in discretionary consumer spending in 2023, leading to a drop in full-year sales and earnings, per a trading update published on Tuesday. For the full
The retail sector is in focus with the earnings releases of big retailers coming up. The sector is expected to report earnings growth of 28.1% on 6.4% revenue growth.
Home Depot (HD) came out with quarterly earnings of $2.82 per share, beating the Zacks Consensus Estimate of $2.77 per share. This compares to earnings of $3.30 per share a year ago.
Brian Nagel, Oppenheimer senior equity research analyst, joins 'Squawk Box' to break down Home Depot's quarterly earnings results, which  surpassed Wall Street's earnings and revenue expectations des
Home Depot forecast annual sales below Wall Street estimates on Tuesday, signaling that lackluster home-improvement demand would continue to affect the company this year as people tighten spending on
Shares of Home Depot Inc. HD, +0.35% shed 1.8% in premarket Tuesday, after the home improvement retail giant reported fiscal fourth-quarter same-U.S. store sales that missed expectations and provided
Home Depot has seen sales slow, as consumers buy fewer big-ticket items and spend on experiences instead of goods.
Walmart, Home Depot Lead 10 Companies Announcing Annual Dividend Increases In Second Half Of February
Home Depot earnings are due Tuesday, with HD stock near two-year highs. The Dow Jones home improvement giant is struggling to show growth.
Analysts project a 3% drop in fiscal-fourth-quarter revenue, reflecting ongoing challenges in the home improvement sector.
We have narrowed our search to five retail stocks that are poised to beat on earnings this month. These are: WMT, HD, BBY, TJX, EBAY.
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