Home Depot forecasts weaker 2024 sales below Wall Street estimates due to slowing demand, marking a fifth consecutive quarterly revenue decline. Despite beating earnings and sales estimates, the company faces challenges as consumers opt for smaller home improvement projects. The stock drops after U.S. same-store sales miss, reflecting a downbeat outlook. Home Depot shares slide more than 3% before the opening bell on Tuesday.
The affordable housing crisis has hit Home Depot where it hurts https://t.co/r7YdjrD6yG
⚠️ VERISK'S ANNUAL PROFIT FORECAST FALLS SHORT AMID SPENDING UNCERTAINTY (Reuters) Verisk Analytics forecast 2024 adjusted profit below market estimates on Wednesday, as the broader data and analytics industry grapples with worries that an uncertain economy would potentially…
Home Depot shares slipped more than 3% before the opening bell Tuesday. https://t.co/azdnkVBdOx
Home Depot Sales Slide For Fifth Quarter On Weak Housing Demand https://t.co/P2wL6vu7K4
Home Depot forecasts weak 2024 results as demand fails to pick up https://t.co/JNwd9xD4kT https://t.co/xxTPmBjOX9
Home Depot beats earnings, sales estimates even as consumers take on smaller home improvement projects https://t.co/ZNZWMZfjwj
$HD Home Depot Sales Drop For Fifth Straight Quarter On Weak Demand - BBG https://t.co/wfbDYklfIS
Home Depot reports a fifth consecutive quarterly decline in revenue, underscoring a drop in demand for house improvement https://t.co/C5PvTQ9GoL
⚠️ HOME DEPOT FORECASTS 2024 SALES BELOW ESTIMATES ON SLOWING DEMAND (Reuters) Home Depot forecast annual sales below Wall Street estimates on Tuesday, signaling that lackluster home-improvement demand would continue to affect the company this year as people tighten spending on… https://t.co/6xm9JQVRbx
Home Depot’s stock drops after U.S. same-store sales miss, downbeat outlook https://t.co/Ikbqd36WqC