Home Depot's Earnings Dip: A Sign of Housing Market Slowdown?
Update: 2025-11-18
Description
Home Depots quarterly earnings disappointed, with lower profits and scaled-back predictions, due to a slow housing market and fewer major storms. Despite exceeding revenue estimates, sales at comparable stores only grew by 0.2%, falling short of expectations. The CEO attributed this to storm-related pressure and lack of customer demand. This downturn could indicate a similar trend for competitor Lowes.
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