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May 14, 2024 at 10:24 AM. Home Depot's sales continued to soften in the first quarter as the nation's largest home improvement retailer was not only constrained by high mortgage rates and higher ...
For the full 2023 fiscal year, Home Depot narrowed its prior guidance range. It now expects sales to drop 3% to 4% compared to fiscal year 2022; it previously expected a decline of 2% to 5%.
On Tuesday morning, the home improvement retailer posted revenue of $36.42 billion, compared to the $36.66 billion expected by Wall Street. That's about a 2.3% drop year over year; the company ...
The Home Depot, Inc. The Home Depot, Inc., often simply referred to as Home Depot, 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. [3]
Arthur Morris Blank (born September 27, 1942) is an American businessman.He is best known for being a co-founder of the home improvement retailer The Home Depot.. He also currently owns two professional sports teams based in Atlanta, Georgia – the Atlanta Falcons of the National Football League (NFL) and Atlanta United FC of Major League Soccer (MLS), the latter of which won the 2018 MLS Cup.
For 2024, Home Depot is expected to forecast roughly flat comparable sales, improving from an estimated 3.2% decline in 2023, according to LSEG data. Lowe's is likely to forecast a 1.1% drop ...
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