What to expect when Home Depot reports third-quarter earnings

Wall Street will likely take note of how rising costs and other macroeconomic headwinds are affecting the retailer.A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.on Tuesday will report third-quarter earnings, and Wall Street will be on the lookout for whether macroeconomic headwinds are hitting the retailer.

Consumers have been facing ongoing inflation, with rising costs hitting segments like food and housing especially hard. Home Depot — as well as competitor, which reports its third-quarter earnings Wednesday — are likely to provide insight into whether consumers are still spending on renovations and do-it-yourself home improvements.

Here's what Wall Street is expecting Home Depot to report on Tuesday, based on a survey of analysts by Refinitiv:

Record profits and stock buybacks,blaming high prices on supply chain like General Mills,Mondelez(Nabisco,Oreos)while gouging consumers

That they have terrible customer service HomeDepot

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Facebook parent company Meta is worth less than Home Depot todayMeta's stock price has collapsed dramatically this year, erasing billions from the net worth of CEO Mark Zuckerberg. Investors:
Fonte: BGR - 🏆 234. / 63 Consulte Mais informação »

Retailer earnings, economic reports, reviewing last week's markets and more: Monday's 5 things to knowTuesday will see the release of key economic reports to help investors gauge the US economy, including the release of October's Producer Price Index. 'All I want to do is this: I just want to find 11,780 votes, which is one more than we have Fellas, I need 11,000 votes, give me a break.' Don't keep you crypto under you mattress! A 6th thing to know. Varney will bloviate needlessly against Trump while complaining about crime, inflation and the border. I think he may suffer from the same affliction as FailureJoe Biden.
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »