Competitor Home Depot reported third-quarter earnings a day earlier, beating analyst expectations but noting ongoing inflation and macroeconomic headwinds.A Lowe's employee walks through the store during the grand opening of the Lowe's store in San Francisco, California.will report third-quarter earnings on Wednesday before the bell, the second home-improvement retailer in two days to offer guidance on how inflation and other macroeconomic headwinds are affecting its business.
Here's what Wall Street expects Lowe's to report on Wednesday, based on a survey of analysts by Refinitiv:In August, Lowe's said it expected total and comparable sales for the year toward the bottom of its outlook range, forecasting sales of $97 billion to $99 billion, and comparable sales to be down 1% to up to 1%. The company said operating income and earnings are expected to be toward the top end of its previous forecast.
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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:
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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
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U.S. retailer Home Depot leaves outlook unchanged as housing market slowsHome 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. Fuck HomeDepot They won't speak the truth cause they have shareholders. $hd
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Home Depot customers are spending more, but that's mainly due to inflation | CNN BusinessGood news for home improvement retail giant Home Depot? Sales were up nearly 6% from a year ago, topping Wall Street's forecasts. Earnings were better than expected too. Now for the bad news. Home Depot reported fewer customer transactions again. Dark Brandon owns the crying Trumpettes again. And inflation is up 10%......yeah math
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