Home Depot's Q1 earnings signal consumer pullback

revealing revenue of $36.42 billion against an expected $36.66 billion,Let's take a look at one stock that is trending here this morning and that's Home Depot shares are a bit of pressure.You're looking at losses of about 8/10 of a percent.

Now, the company did report a 2.8% drop in sales and a 3.2% decline here in the US alone as consumers pushed off those larger discretionary projects. This dividend stock is still down by 36% in the last year but offers even more growth after taking a year to balance the books. The post Should You Buy This 7% Dividend Stock While it’s Below $6? appeared first on The Motley Fool Canada.DJT Stock Is No GameStop. Here’s Why.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Home Depot earnings show signs of a consumer pullbackUS shoppers under pressure are expected to spend less at Home Depot, but the home improvement retailer may make up some of the loss with professional...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Home Depot Posts a Sixth Sales Drop Amid Housing Market WoesHome Depot Inc.’s string of negative sales extended into a sixth straight quarter as the big-box retailer struggles to overcome a weak housing market and lower demand for big-ticket items.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

Home Depot Q1 earnings preview: Pro customers expected to offset fewer DIY shoppersUS shoppers under pressure is expected to spend less at Home Depot, but it may make up some of the loss with professional consumers.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Biden tariffs, PPI, Home Depot earnings: What to watchAccording to a Bloomberg report, the Biden administration could make an announcement on tariffs on Chinese EVs as early as Tuesday morning. The tariffs could...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »