The company reaffirmed fiscal-year 2023 guidance, projecting declines in sales, operating margin, and earnings per share. CEO Ted Decker remains optimistic about long-term home improvement prospects.
Consumer stocks to keep an eye on in the stock market now.
The stock market is sliding lower in August, and volatility has returned to equities. So what's an investor to do?
Organized retail crime has once again cast a shadow over retail earnings season, with companies such as Target Corp., Dick's Sporting Goods Inc. and Home Depot Inc. all highlighting the problem of ret
Lowe's and Home Depot are facing a slowdown due to a normalization coming out of the pandemic. The home improvement industry still has some tailwinds that should help it grow this decade.
Lowe's (LOW) second quarter adjusted earnings beat analyst estimates, but missed slightly on revenue. It follows results from Home Depot (HD) which narrowly beat estimates.
"Selling your winners and holding your losers is like cutting the flowers and watering the weeds" is probably one of Peter Lynch's most famous quotes. And for good reason.
Home Depot's sales and profits dipped in the fiscal second quarter. But this cyclical business stands to see bright days ahead as rates eventually fall.
Home Depot is finally experiencing a slowdown in revenue and profit following the boom times that started at the onset of the pandemic.

NVIDIA & 2 Other Reports to Watch Next Week

04:19pm, Friday, 18'th Aug 2023
The Q2 earnings cycle continues to wind down rapidly, with most S&P 500 companies already unveiling quarterly results. This week, retail companies have been stealing the spotlight.
We saw a very interesting trend emerge from the totality of these earnings

The ATVI Story - July Dividend Income Report

01:29pm, Thursday, 17'th Aug 2023
Some months we might appear to underperform, but you must trust the process over the long term to evaluate our performance more accurately. On July 11, my shares of Activision Blizzard were up more th

Q2 Earnings Confirm Improving Growth Trends

08:00pm, Wednesday, 16'th Aug 2023
We see the above-average Q2 EPS beats percentage as reflective of a favorable turn in underlying earnings trends.

Q2 Earnings Confirm Improving Growth Trends

08:00pm, Wednesday, 16'th Aug 2023
We see the above-average Q2 EPS beats percentage as reflective of a favorable turn in underlying earnings trends.

Top Calls: Home Depot Reaffirms 2023 Guidance

03:53pm, Tuesday, 15'th Aug 2023
Joe Feldman, Telsey Advisory Group Senior Managing Director, joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
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