Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the change-wp-admin-login domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u168781334/domains/cashmycurrency.com/public_html/wp-includes/functions.php on line 6260
Home Depot Looks to Pros for Shelter – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Home Depot Looks to Pros for Shelter

Home Depot Looks to Pros for Shelter

Nov. 14, 2023 12:00 pm ET

Home Depot is turning to the pros. Its timing is unusual.

The home improvement retailer on Tuesday said comparable-store sales in the U.S. declined 3.5% in the quarter ended Oct. 29 compared with a year earlier—slightly better than the 3.7% decline that Wall Street analysts polled by Visible Alpha were penciling in. That marks the fourth consecutive quarter of comparable-store declines after some heady growth during the pandemic years, when Americans suddenly found themselves more homebound than they ever have been. Net income fell 12%, which was better than the 15% decline analysts expected. Home Depot shares jumped 6.6% Tuesday morning.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Scroll to Top