Home Depot will report earnings before the bell. Here's what to expect

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Home Improvement Store Operators News

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Home Depot reports earnings as it tries to grow sales with home professionals in a tough housing market.

The retailer has tried to attract more business from home professionals, especially as it faces a tougher housing market.will report its latest earnings results Tuesday as the retailer pushes to draw more sales from home professionals such as roofers and landscapers.

As interest rates remain high, consumers have been reluctant to move out of their homes and into new ones — the kind of turnover that often inspires home projects. They have also bought Home Depot has seen sales moderate after more than two years of explosive demand during the Covid pandemic. The company postedTo overcome those challenges, the home improvement retailer has revved up its strategy to attract pros, since they tend to buy larger quantities and offer a steadier source of sales. Home Depot announced in late March that it, a Texas-based specialty distributor of roofing, landscaping and pool supplies, for $18.

 

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