HD drives growth through strategic initiatives. Yet, softer consumer spending and high rates pressure profits.
Higher interest rates over the past couple of years, unsurprisingly, have impacted the housing market and any adjacent industries. Home Depot (HD -1.34%) has been negatively affected by this.
Recently, Zacks.com users have been paying close attention to Home Depot (HD). This makes it worthwhile to examine what the stock has in store.
Home Depot NYSE: HD wants to change how its customers think about the words "Do-it-Yourself" (DIY). On March 6, the home improvement giant launched Magic Apron, the company's proprietary generative AI assistant that offers customers a suite of tools to get 24/7 answers to their home improvement projects.
In the most recent trading session, Home Depot (HD) closed at $360.99, indicating a -0.76% shift from the previous trading day.
The home improvement arena faces several hurdles. Among them are potential increases in the prices of key materials, particularly lumber from Canada.
Home Depot CEO Ted Decker sits down with 'Mad Money' host Jim Cramer to talk the impact of tariffs, labor costs, quarterly results and much more.
Jim Cramer spoke with Home Depot CEO Ted Decker at the big box retailer's annual store managers meeting in Las Vegas. Cramer told investors that the company could do well even against the backdrop of a tougher macroeconomic environment.
Home Depot's strategic efforts, including the 'One Home Depot' investment plan, appear encouraging. It extends its relationship with Behr Paint Company to provide KILZ branded primer products.
Home Depot (HD) concluded the recent trading session at $353.42, signifying a +1.1% move from its prior day's close.
An aging U.S. population is set to trigger changes across multiple sectors.
Recently, Zacks.com users have been paying close attention to Home Depot (HD). This makes it worthwhile to examine what the stock has in store.