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Home Depot's Q1 earnings signal consumer pullback

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Home Depot News

Brooke Dipalma,Foot Traffic

Shares of Home Depot (HD) are on the move Tuesday ater the company posted its first quarter report, revealing revenue of $36.42 billion against an expected $...

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.

 

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