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Bank of America reiterates Home Depot at buy with US$425 target, expecting continued pressure in 2024 on discretionary and big ticket, but retailer should see share gains as it accelerates growth and capabilities with Complex Pros segment
Published: May 17, 2024 by Cherokee Tribune (Canton, GA)
Home Depot launches military moving hub to assist military families with frequent relocations; hub offers tailored information and resources to simplify Personally Procured Moves, which includes a downloadable permanent change of station checklist
Published: May 17, 2024 by Retail Customer Experience
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
Published: May 15, 2024 by Zacks Investment Research
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
Published: May 14, 2024 by Associated Press
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
Published: May 14, 2024 by Canada Newswire

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