U.S. retailer Home Depot leaves outlook unchanged as housing market slows

Belgique Nouvelles Nouvelles

U.S. retailer Home Depot leaves outlook unchanged as housing market slows
Belgique Dernières Nouvelles,Belgique Actualités

Home Depot Inc on Tuesday left its annual forecasts unchanged even as quarterly results topped Wall Street expectations, raising concerns about demand heading into the holiday season amid a slowing housing market.

Nov 15 - Home Depot Inc

Mortgage rates have more than doubled since the start of 2022, cooling the housing market that boomed in the pandemic. "Home Depot is not immune to a tightening economy," said Neil Saunders, managing director of GlobalData, adding that a weakening housing market was reducing demand for its products.

 

They won't speak the truth cause they have shareholders. $hd

Fuck HomeDepot

Belgique Dernières Nouvelles, Belgique Actualités

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