Home Depot Inc on Tuesday left its annual forecasts unchanged even as quarterly results topped Wall Street expectations, raising concerns about demand heading into the holiday season amid a slowing housing market.
Nov 15 - Home Depot Inc
Mortgage rates have more than doubled since the start of 2022, cooling the housing market that boomed in the pandemic. "Home Depot is not immune to a tightening economy," said Neil Saunders, managing director of GlobalData, adding that a weakening housing market was reducing demand for its products.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
What to expect when Home Depot reports third-quarter earningsRetailer Home Depot will report third-quarter earnings before the bell Tuesday.
Lire la suite »
Home Depot stock falls after profit and sales beat expectations but full-year outlook was affirmedShares of Home Depot Inc. undefined slumped 0.7% in premarket trading Tuesday, even after the home improvement retailer reported fiscal third-quarter...
Lire la suite »
Facebook parent company Meta is worth less than Home Depot todayMeta's stock price has collapsed dramatically this year, erasing billions from the net worth of CEO Mark Zuckerberg.
Lire la suite »
Home Depot Sales Up 5.6% in Third QuarterHome Depot’s sales rose 5.6% in the third quarter as higher prices once again offset a slowdown in transactions
Lire la suite »
Girls Inc. of Denver Metro café teaching girls about entrepreneurshipStrong, Smart, & Bold Beans Café, a social enterprise started by a group of Girls Inc. teen members, is teaching young women about entrepreneurship. via MicahSmith_TV
Lire la suite »