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Zacks: Home Depot's Q1 earnings beat estimate and sales miss, with both metrics declining year-over-year on delayed start to spring season, demand softness for larger discretionary projects; however, HD benefited from store readiness, product assortments

Commentary: Home Depot's Q1 sales soften in 2024, but retailer remains formidable business; Americans are pulling back on large home remodeling projects, and current challenges are caused by period of churn in consumer economy, not by company missteps

Home Depot's Q1 net earnings down to US$3.6B from year ago's US$3.9B, net sales down 2.3% year-over-year to US$36.4B; results were impacted by a delayed start to Spring, and 'continued softness in certain larger discretionary projects,' says CEO

City council of Jacksonville, Florida, approves rezoning for a new Home Depot store in Mandarin area; rezoning allows Home Depot to demolish long-closed Kmart to build 133,123-sq.-ft. store, which includes 25,225-sq.-ft. garden center

Home Depot suffers theft loss of more than US$400,000 due to equipment rental scams, wherein scammers rent items using stolen cards and sell them on Facebook Marketplace; company is planning to increase store security measures in response

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