Home Depot (HD) Cuts Full-Year Sales Outlook on Weak Housing Demand:
Home Depot Inc. lowered its forecast of a key sales metric for the year on expectations that ...
bloomberg.com/news/articles/2024-08-13/home-depot-cuts-full-year-sales-outlook-on-weak-housing-demand
Paid articlePaywall
Quick Glance: Home Depot Lowers Full-Year Sales Forecast Due to Weak Housing Demand
- The forecast for a key sales metric for the year was reduced by Home Improvement Store due to the expectation that consumers will continue to be cautious in spending in the upcoming months.
- The company now anticipates comparable sales to drop by 3% to 4% for the year, in contrast to the previous prediction of a 1% decrease.
- Consumers have delayed home purchases and significant renovations due to high interest rates and inflation, impacting both Home Depot and other retailers.
- Despite short-term macroeconomic uncertainties, Home Depot remains well positioned to handle the current situation and emerge stronger on the other side of the cycle.
Story Details
| Last Updated | Aug 15 |
| Total Articles | 27 |
Home Depot expects sales to weaken as consumers grow more cautious: Home Depot's CFO said homeowners are now deferring projects due to a "sense of greater ...
cnbc.com/2024/08/13/home-depot-hd-q2-2024-earnings.html
Home Depot warns of consumer uncertainty about the economy: The retailer lowered its 2024 expectations down and now predicts comparable store sales will fall 3 ...
washingtonpost.com/business/2024/08/13/home-depot-consumer-economy/
Home Depot CFO has term to describe state of American shoppers: US homeowners are doing rather well financially, but high prices and high interest rates have ...
businessinsider.com/home-depot-earnings-americans-in-deferral-mindset-consumer-spending-2024-8
Home Depot issues a warning about the economy: Home Depot says consumers are feeling crummy about the economy, and they’re dishing out less to remodel their ...
cnn.com/2024/08/13/investing/home-depot-earnings-housing/
The Economy Is So Brutal That Even Home Depot Is Complaining: At least if people stop renovating their houses, they’ll stop making them so ugly.
vice.com/en/article/home-depot-economy-report/
Analysts retool Home Depot stock price target following earnings: This is what could happen next to Home Depot shares.
kansascity.com/news/business/article291072355.html
Home Depot CEO flags alarming trend that’s hurting sales: The CEO has called out the source of the company’s struggling sales.
star-telegram.com/news/business/article291033990.html
Analysts retool Home Depot stock price target following earnings: This is what could happen next to Home Depot shares.
charlotteobserver.com/news/business/article291072355.html
Home Depot Warns of Weak Consumer Demand Ahead: What to Know: Home Depot stock is choppy Tuesday as investors parse the retailer's Q2 earnings beat and ...
kiplinger.com/investing/stocks/home-depot-hd-warns-of-weak-consumer-demand-ahead-what-to-know
Home Depot CEO flags alarming trend that’s hurting sales: The CEO has called out the source of the company's struggling sales.
sacbee.com/news/business/article291033990.html
Home Depot CEO flags alarming trend that’s hurting sales: The CEO has called out the source of the company's struggling sales.
kansascity.com/news/business/article291033990.html
Home Depot CEO flags alarming trend that’s hurting sales: The CEO has called out the source of the company's struggling sales.
kentucky.com/news/business/article291033990.html
Home Depot’s same-store sales down again, but CEO says he’s confident: Home Depot says same store sales are down but its confident about its customers
ajc.com/news/atlanta-news/home-depots-same-store-sales-down-again-but-ceo-says-hes-confident/CR2QKPJMOFGSBAB6JZXGLNDFRA/
HD stock: Uneasy economic vibe from homeowners causes reined spending: Home Depot’s second quarter sales rose slightly as the nation’s biggest home improvement ...
apnews.com/article/home-depot-atlanta-7f5fa32c46a1efcb11a215faf69a056d
Home Depot Stock Ticks Up After Updated Outlook, Earnings Beat: Dow Jones retailer Home Depot lowered its earnings, comparable sales guidance for the year ...
investors.com/news/home-depot-stock-q2-earnings/
Home Depot, On Holding, Trump Media, Warner Bros., and More Stock Market Movers: Home Depot stock dropped 5% after the home improvement retailer said it now ...
on.barrons.com/4dFdBpQ
Home Depot cuts annual sales, profit targets as consumer spending lags
reut.rs/3YDfkrm
Home Depot says interest rates have people hitting pause on home improvement projects
qz.com/home-depot-q2-earnings-beat-interest-rates-guidance-1851620681
Paid articlePaywall
Home Depot cuts sales outlook as consumer spending weakens: Chief executive blames high interest rates and ‘greater macroeconomic uncertainty’
ft.com/content/48f24373-aa84-4c1d-9d86-edb17101819e
Paid articlePaywall
SeekingAlpha Aug 12
Home Depot: Priced For Perfection Heading Into Q2 Earnings: Home Depot is a market leader in the home improvement retail sector, with a strong brand and ...
seekingalpha.com/article/4713646-home-depot-priced-for-perfection-heading-into-q2-earnings
Paid articlePaywallMore articles on this subject
Previous
Home Depot expects sales to weaken as consumers grow more cautious: Home Depot's CFO said homeowners are now deferring projects due to a "sense of greater ...
cnbc.com/2024/08/13/home-depot-hd-q2-2024-earnings.html
Home Depot warns of consumer uncertainty about the economy: The retailer lowered its 2024 expectations down and now predicts comparable store sales will fall 3 ...
washingtonpost.com/business/2024/08/13/home-depot-consumer-economy/
Home Depot CFO has term to describe state of American shoppers: US homeowners are doing rather well financially, but high prices and high interest rates have ...
businessinsider.com/home-depot-earnings-americans-in-deferral-mindset-consumer-spending-2024-8
Home Depot issues a warning about the economy: Home Depot says consumers are feeling crummy about the economy, and they’re dishing out less to remodel their ...
cnn.com/2024/08/13/investing/home-depot-earnings-housing/
The Economy Is So Brutal That Even Home Depot Is Complaining: At least if people stop renovating their houses, they’ll stop making them so ugly.
vice.com/en/article/home-depot-economy-report/
Analysts retool Home Depot stock price target following earnings: This is what could happen next to Home Depot shares.
kansascity.com/news/business/article291072355.html
Home Depot CEO flags alarming trend that’s hurting sales: The CEO has called out the source of the company’s struggling sales.
star-telegram.com/news/business/article291033990.html
Analysts retool Home Depot stock price target following earnings: This is what could happen next to Home Depot shares.
charlotteobserver.com/news/business/article291072355.html
Home Depot Warns of Weak Consumer Demand Ahead: What to Know: Home Depot stock is choppy Tuesday as investors parse the retailer's Q2 earnings beat and ...
kiplinger.com/investing/stocks/home-depot-hd-warns-of-weak-consumer-demand-ahead-what-to-know
Home Depot CEO flags alarming trend that’s hurting sales: The CEO has called out the source of the company's struggling sales.
sacbee.com/news/business/article291033990.html
Home Depot CEO flags alarming trend that’s hurting sales: The CEO has called out the source of the company's struggling sales.
kansascity.com/news/business/article291033990.html
Home Depot CEO flags alarming trend that’s hurting sales: The CEO has called out the source of the company's struggling sales.
kentucky.com/news/business/article291033990.html
Home Depot’s same-store sales down again, but CEO says he’s confident: Home Depot says same store sales are down but its confident about its customers
ajc.com/news/atlanta-news/home-depots-same-store-sales-down-again-but-ceo-says-hes-confident/CR2QKPJMOFGSBAB6JZXGLNDFRA/
HD stock: Uneasy economic vibe from homeowners causes reined spending: Home Depot’s second quarter sales rose slightly as the nation’s biggest home improvement ...
apnews.com/article/home-depot-atlanta-7f5fa32c46a1efcb11a215faf69a056d
Home Depot Stock Ticks Up After Updated Outlook, Earnings Beat: Dow Jones retailer Home Depot lowered its earnings, comparable sales guidance for the year ...
investors.com/news/home-depot-stock-q2-earnings/
Home Depot (HD) Cuts Full-Year Sales Outlook on Weak Housing Demand: Home Depot Inc. lowered its forecast of a key sales metric for the year on expectations that ...
bloomberg.com/news/articles/2024-08-13/home-depot-cuts-full-year-sales-outlook-on-weak-housing-demand
Paid articlePaywallHome Depot, On Holding, Trump Media, Warner Bros., and More Stock Market Movers: Home Depot stock dropped 5% after the home improvement retailer said it now ...
on.barrons.com/4dFdBpQ
Home Depot cuts annual sales, profit targets as consumer spending lags
reut.rs/3YDfkrm
Home Depot says interest rates have people hitting pause on home improvement projects
qz.com/home-depot-q2-earnings-beat-interest-rates-guidance-1851620681
Paid articlePaywall Home Depot cuts sales outlook as consumer spending weakens: Chief executive blames high interest rates and ‘greater macroeconomic uncertainty’
ft.com/content/48f24373-aa84-4c1d-9d86-edb17101819e
Paid articlePaywall SeekingAlpha Aug 12
Home Depot: Priced For Perfection Heading Into Q2 Earnings: Home Depot is a market leader in the home improvement retail sector, with a strong brand and ...
seekingalpha.com/article/4713646-home-depot-priced-for-perfection-heading-into-q2-earnings
Paid articlePaywall Next
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