Home Depot's Q3 earnings beat estimates but retailer is seeing pressure on big-ticket items
Home Depot Inc. posted better-than-expected third-quarter earnings early Tuesday, but said its customers were avoiding certain big-ticket items. “Our…
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Home Depot Inc. posted better-than-expected third-quarter earnings early Tuesday, but said its customers were avoiding certain big-ticket items. “Our…
Home Depot is continuing to see its sales decline amid inflation concerns, and the home improvement retailer narrowed its fiscal 2023 outlook
Softer Chinese demand and surging US production have combined to push crude oil prices down nearly 20% since September.
Customer transactions fell 2.4% in the third quarter, logging their 10th straight quarterly decline, while average spending at Home Depot stores also dipped slightly
With its comments, Home Depot gave fresh hope that relief could be coming for consumers or the broader economy.