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

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

Fuck HomeDepot

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What to expect when Home Depot reports third-quarter earningsRetailer Home Depot will report third-quarter earnings before the bell Tuesday. That they have terrible customer service HomeDepot Record profits and stock buybacks,blaming high prices on supply chain like General Mills,Mondelez(Nabisco,Oreos)while gouging consumers
Source: CNBC - 🏆 12. / 72 Read more »

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:
Source: BGR - 🏆 234. / 63 Read more »