Home Depot Inc. (HD)
Home Depot Stock Drops After Earnings. There Are Worries Over Weak Demand.
Home Depot's sales are expected to dip again as the retailer grapples with low demand and uncertainty surrounding its latest acquisition.
Home Depot's stock drops as earnings beat, but comparable sales missed and the outlook was cut
Shares of Home Depot Inc. HD, -0.81% dropped 2.8% in premarket trading Tuesday, after the home improvement retail giant reported fiscal second-quarter earnings that beat expectations but comparable sales that missed and lowered its full-year outlook. Net income for the quarter to July 28 fell to $4.56 billion, or $4.60 a share, from $4.66 billion, or $4.65 a share, in the same period a year ago.
Home Depot cuts annual profit forecast as consumer spending lags
Home Depot forecast a decline in annual profit and a bigger drop in its annual comparable sales on Tuesday, as hopes of a recovery in demand for home improvement projects fall due to higher borrowing costs.
Home Depot expects sales to weaken as consumers grow more cautious
Home Depot expects sales to weaken as consumers grow more cautious
With The Stock Almost Flat This Year, Will Q2 Results Drive Home Depot's Stock Higher?
Home Depot (NYSE: HD) is scheduled to report its fiscal second-quarter results on Tuesday, August 13. We expect the company's stock to likely trade higher with its revenues and earnings beating the market expectations marginally.
Home Depot Q2 Earnings Showdown: Bearish Trends Vs. Bullish Bets
Home Depot Inc. HD will be reporting its second-quarter earnings on Tuesday (Aug. 13). Wall Street expects $4.50 in EPS and $43.4 billion in revenues as the company reports before market hours.
Home Depot: Priced For Perfection Heading Into Q2 Earnings
Home Depot is a market leader in home improvement with strong financial growth and capital allocation strategies, making it a good long-term investment, but short-to-medium term, I am bearish on the stock. Stagnating income growth and weak macroeconomic conditions pose risks to the stock price, but valuation is primed for perfection. I own put options in the stock as part of my broad-based market protection strategy.
What To Expect in the Markets This Week
This week will bring fresh data on inflation, the housing market, and retail sales after a volatile week for markets amid worries about the health of the economy. A handful of Federal Reserve speakers will also give remarks during the week, potentially offering more insights.
1 Stock That Turned $1,000 Into Nearly $30 Million
This stock has crushed the broader S&P 500 since its IPO in 1981. A much larger store base has helped generate significantly greater revenue and earnings.
Where Will Home Depot Stock Be in 5 Years?
Home Depot's expansion strategy won't center on aggressive store openings. Industry dynamics favor long-term revenue and earnings growth.
Should Investors Buy Home Depot's (HD) Stock as Q2 Earnings Approach?
Markets will get more results from large retailers next week with Home Depot (HD) set to release its Q2 report on Tuesday, August 13.
What You Need To Know Ahead of Home Depot's Earnings
Home Depot (HD) reports earnings Tuesday morning, with analysts projecting slight declines in revenue and profits amid a pullback in discretionary consumer spending.
