Home Depot Posts 4.2% Sales Decline Following Years of ...

Home Depot Posts 4.2% Sales Decline Following Years of 'Unprecedented Growth' ... The Home Depot posted its weakest quarter in years, with Q1 2023 ...

Home Depot posts its biggest revenue miss in more than two decades

Sales were $37.3 billion in fiscal Q1, down 4.2% year-over-year (YoY). · Comparable sales decreased 4.5%, and comparable sales in the US fell 4.6 ...

Home Depot hits the brakes: Three-year robust sales run ends amid ...

Total revenue for the quarter slipped 4.2% versus a year ago, to $37.3 billion. The retailer also cited falling lumber prices and weather ...

What Will a Down Year Mean For Home Depot Beyond 2023?

Home Depot yesterday reported that its first-quarter sales fell 4.2 percent with U.S. comps down 4.6 percent. The chain is expected to post ...

The Home Depot Posts Q1 Sales Decline - Insight DIY

The Home Depot®, the world's largest home improvement retailer, today reported sales of $37.3 billion for the first quarter of fiscal 2023, a decrease of ...

Home Depot posts Q1 revenue miss, cuts forecasts as shoppers pull ...

Following the report, shares fell more than 4% in pre-market trading. In the fiscal first quarter of 2023, revenue dropped 4.2% compared with ...

Home Depot misses Q1 expectations, lowers guidance - Retail Dive

The Home Depot on Tuesday reported first quarter net sales fell 4.2% to $37.3 billion from a year ago, while comparable sales fell 4.5%. Net ...

Home Depot's slowing sales suggest Americans feel lousy about ...

Along those lines, market watchers see Home Depot earnings per share weakening in the second quarter, with an analysts' estimate of $4.45 a ...

Home Depot expects smaller drop in annual sales as hurricane ...

The company posted a 1.3% decline in comparable sales, the smallest decline since the fourth quarter of 2022, compared with analysts' average ...

Is Home Depot Still a Buy Despite Q1 Sales, Profit Decline?

For the first four months of the year, the Atlanta, Georgia-based company reported revenues of $37.3 billion, showing a 4.2% decline in sales ...

Home Depot Earnings: Retailer Projects First Annual Sales Decline ...

Overall, Home Depot recorded 4.8% fewer transactions in the first quarter on a relatively flat average ticket size. Advertisement. On top of its ...

Home Depot - Retail TouchPoints

The Home Depot posted its weakest quarter in years, with Q1 2023 seeing a 4.5% comparable sales decline year-over-year. Total sales were…

Today's News - Finance News - Calvin University

Home Depot updated its fiscal 2024 outlook following the results and is now expecting a 3% to 4% decline in comparable sales. The Home Depot, Inc. (HD) ...

Home Depot stock drops as bad weather and lumber deflation hurt ...

Sales declined 4.2% to $37.26 billion, well below the FactSet consensus of $38.31 billion. “Our sales for the quarter were below our ...

Home Depot: Rate Cuts Now Priced In, Downgrade to Neutral

Comparable sales decline of -3% to -4% for the 52-week period. Total sales growth of +2.5% to +3.5% including the 53rd week and SRS.

Home Depot posts worst revenue miss in about 20 years, lowers ...

There's nothing to order or file or inventory when little goes out and won't be coming in. This all but eliminates the contractors business ...

Home Depot sees sales decline | HBS Dealer

The Bottom Line: Home Depot sales for the first quarter decreased 4.2% company-wide to just over $37 billion. Home Depot 2023 Q1 infographic.

Home Depot sales see uptick from hurricane recovery | Fox Business

Sales at stores open for at least a year decreased 1.3%, marking its eighth straight quarter of declines. This is down, though, from analysts' ...

Home Depot posts worst revenue miss in about 20 years - Reddit

Home Depot posts worst revenue miss in about 20 years ... Archived post. New comments cannot be posted and votes cannot be cast.

Home Depot sales fall amid rough weather, falling lumber prices

Revenue fell 4.2% to $37.26 billion, missing estimates of $38.28 billion. Comparable sales decreased 4.5%, with U.S. comps falling 4.6%. Lumber ...