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

Home Depot noted cold weather and lumber deflation impacted its Q1 numbers, its challenges run deep as it forecasted a decline of 2% and 5% for the fiscal year.

Home Depot Reports Biggest Quarterly Sales Miss In Over 20 Years

Home Depot (HD) shares fell on Tuesday after the largest US home improvement retailer had its biggest quarterly sales miss in more than two decades.

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

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Home Depot Experiences Biggest Revenue Hit in Over 20 Years

As a result, the home improvement retailer has lowered its revenue forecast for this year. Cold weather and declining lumber prices affected ...

Home Depot (HD) earnings Q1 2023 - CNBC

Home Depot on Tuesday reported its biggest revenue miss in more than 20 years and lowered its forecast for this year, as consumers delay large projects.

Home Depot misses on revenue, as high interest rates hurt sales

The company posted its worst revenue miss in nearly two decades and cut its forecast in the year-ago first quarter. Home Depot's sales totaled ...

Home Depot sees first annual sales decline in more than a decade

After years of explosive growth during the pandemic, Home Depot's revenue during the first quarter fell short of expectations and the ...

Home Depot Results Top Expectations as Consumer Spending ...

"Home Depot is still experiencing a modest revenue decline of 1.2% in its U.S. business. While this comes off the back of a decline in the prior ...

Home Depot Reported Its Largest Revenue Miss In Over 20 Years

The home improvement retailer cited consumer delays in large projects and decreased purchases of high-ticket items like patio sets and grills as ...

Home Depot Reports Biggest Revenue Miss in Over 20 Years ...

In the first quarter, Home Depot reported earnings per share of $3.82, slightly exceeding the expected $3.80. However, revenue came in at $37.26 ...

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

Home Depot on Tuesday reported its biggest revenue miss in more than 20 years and lowered its forecast for this year. Comments are closed.

What we learned from Home Depot's and Lowe's Q1 Earnings Reports

After growing sales by more than $47 billion over the past three years, Home Depot experienced its biggest revenue miss in more than 20 years. The company ...

home depot - Reports, Statistics & Marketing Trends - eMarketer

Home Depot posts its biggest revenue miss in more than two decades ... The home improvement market bubble has burst: Home Depot expects sales to decline this year ...

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

Home Depot reported its fiscal first quarter 2023 earnings results Tuesday before market open as consumer spending on home improvement ...

Home Depot positive on full year as Q2 beats expectations

Although sales of big-ticket items are down, the retailer is expanding its offering in the hand tools, kitchen and bath sectors. Published ...

Home Depot's struggles may be behind it - TheStreet

During the company's second-quarter earnings call, Ted Decker, chairman, president, and CEO, said, “Higher interest rates and greater ...

Home Depot (HD) Q3 Earnings Report Preview: What To Look For

It was a mixed quarter, with a same-store sales miss but an EPS beat. Looking ahead, guidance was disappointing, as the company lowered its full ...

Home Depot issues cautious outlook after soft Q4 - Retail Dive

Home Depot's full-year sales were $152.7 billion, down 3% from a year ago, while comparable sales for the full year fell 3.2%. Net earnings for ...

Home Depot and Lowe's continue to struggle amid home market ...

Home Depot reported its US same-store sales down 3.2 percent, and total revenues down from $37.2 billion a year ago to $36.4 billion for the first quarter this ...

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 ...