Home Depot Says Hurricane Demand Slows Sales Slump
Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as mortgage rates drop.
Home Depot expects smaller drop in annual sales as hurricane rebuild boosts quarter
Home Depot raised its annual same-store sales forecast on Tuesday, betting on resilient demand from professional contractors to offset weak spending on bigger projects such as kitchen renovations.
Home Depot sales see uptick from hurricane recovery
Home Depot reported better than expected sales during the prior three months as consumers relied on its products to help them recover from Hurricanes Helene and Milton.
Home Depot Tops Estimates, Lifts Sales Outlook
Home Depot shares were modestly lower by midday Tuesday after its third-quarter results came in above estimates and the retailer also lifted fiscal 2024 sales projections.
Home Depot Lifts Full-Year Outlook After Third-Quarter Sales Rise
The home-improvement retailer raised its guidance following strong third-quarter sales as demand rose for grills and paint. Hurricane preparations in the Southeast also provided a bump.
Home Depot 'Has Upside' As Earnings Outlook Improves, Sales Accelerate
Home Depot narrowed 2024 guidance early Tuesday after beating earnings and sales estimates for the third quarter. Home Depot stock fell in a buy area. The home improvement store giant is now guiding a 1% decline in adjusted earnings per share for the full year vs.
Home Depot Raises Outlook on Hurricane-Related Demand
Home Depot raises outlook on home-improvement materials, partially driven by damage caused by Hurricanes. The company expects future benefits from hurricane-related repairs, but not big ticket remodeling,
Home Depot Lifts Full-Year Outlook After Sales Climb in Latest Quarter
The home-improvement retailer said sales came in higher than expected in the third quarter as weather around the country normalized and as demand rose for certain home projects.
Home Depot gains after topping comparable sales expectations; Lowe's also higher
Home Depot (HD) reports strong Q3 earnings with revenue rising 6.6% year-over-year. Adjusted EPS exceeds consensus expectations.
Home Depot raises annual same-store sales forecast
Home Depot raised its annual same-store sales forecast on Tuesday, betting on resilient demand from professional contractors ...
Home Depot (NYSE:HD) Surprises With Q3 Sales
Home improvement retail giant Home Depot (NYSE:HD) reported Q3 CY2024 results topping the market’s revenue expectations, with ...
Benzinga.com1d
Home Depot Hammers Down Strong Q3 Sales, Builds For Long-Term Success
Home Depot posts third-quarter earnings and revenue beats on Tuesday. Analysts are encouraged by same stores sales and ...
Home Depot’s Q3 results top Wall Street as pullback in consumer spending eases a bit
Home Depot continued to deal with a pullback in spending from customers in its fiscal third quarter, but it was less severe ...
Retail Dive3d
Hurricane prep, recovery help drive Q3 growth at Home Depot
While Home Depot’s sales were up in Q3, that is largely attributable to the ... The company opened five new stores in ...
Is Home Depot Stock Still a Buy After Its Beat-And-Raise Quarter?
Home Depot stock is struggling for direction even after the retailer's strong earnings and full-year outlook, but Wall Street ...
Atlanta Journal-Constitution1d
Bernie Marcus and Arthur Blank built Home Depot. It changed retail
Home Depot CEO Bernie Marcus (left) and co-founder Arthur Blank in 1997. They weren’t the first to build a “big box” store. They weren’t even the first to have a home impr ...