Home Depot Raises Dividend finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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By Matt Grossman and Suzanne Kapner Home Depot Inc. and Macy s Inc. said pandemic-fueled shopping trends have continued into 2021, driving demand for home improvements and home goods. Executives at both chains also said consumer spending could shift in the second half of the year depending on the course of the health crisis. The two retailers have been on opposite sides of the Covid-19 pandemic. Home Depot s revenue increased 20% in the company s latest fiscal year as Americans spent more time and money fixing and renovating their homes. Annual sales at Macy s tumbled nearly 30% as consumers bought less apparel for going outside, including to work.
Home Depot may see less brisk home-improvement sales in 2021 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.