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Home Depot CEO Ted Decker blamed high interest rates and economic uncertainty for causing consumers to grow more cautious. "During the quarter, higher interest rates and greater macro-economic ...
August 13, 2024 at 7:22 AM. Ting Shen/Bloomberg/Getty Images. Home Depot says consumers are feeling crummy about the economy, and they’re dishing out less to remodel their homes. The home ...
This marks Home Depot's seventh straight quarter of negative sales growth. US same-store sales are down 3.6%. Both foot traffic and the average ticket dropped, down 1.8% and 1.3%, respectively.
The Home Depot, Inc. is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [4] In 2021, the company had 490,600 employees and more than $151 billion in ...
Jewelry Television is an American television network specializing in the sale of jewelry. On-air and online, the network is mainly branded by its jtv initials in lower-case letters. It has an estimated reach of more than 80 million U.S. households, through cable and satellite providers, online streaming and limited over-the-air broadcasters.
Investor setup. It's easy to be optimistic about Home Depot's prospects five years from now. The company will return to revenue growth, which should support earnings gains. The valuation must also ...
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