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Projected gains expected to push remodeling spending to record heights, despite economic uncertainty
Spending for home renovation and repair is expected to increase by 2.5 percent to reach a record $526 billion by the first quarter of 2026. Photo By Joint Center for Housing Studies of Harvard ... Read More
Home Depot warns of pullback in consumer spending, saying Americans are delaying big projects - CBS News
Home Depot joins other major corporations that have cautioned about a pullback in consumer spending, with the likes of McDonald's and Starbucks also reporting inflation-weary Americans are getting ... Read More
Home Depot Warns of Sales, Profit Decline on Weak Consumer Spending - U.S. News
Weak new home sales in May and June led to foot traffic dropping 0.4% in July after a 4.3% rise in June, according to data from Placer.ai. "Everyone's expecting rates are going to fall. Read More
Home Depot Earnings: Weather and Professional Line Buoying Results, but Slow Home Sales Weigh on DIY | Morningstar
Wide-moat Home Depot posted better-than-expected third-quarter revenue, which grew 6.6% (ahead of our 3% decline), to $40.2 billion, benefiting from $200 million of hurricane-related sales. Read More
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