_home-depot-beats-q1-earnings-expectations-but-revenue-falls-short-as-customers-delay-renovation-projects.jpg "Home Depot Beats Q1 Earnings Expectations, but Revenue Falls Short as Customers Delay Renovation Projects from patrick n friends cold Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 635K times
✓ Published: 15-May-2024
👁 View: 635K times
✓ Published: 15-May-2024
Description:
Home Depot reported first-quarter earnings that beat expectations, but revenue missed estimates. The company saw softer sales as high interest rates caused customers to defer large home renovation projects like kitchen and bathroom remodels. Comparable sales dropped over 2% across the business and declined more than 3% in the US compared to the prior year period. Weather also negatively impacted spring sales of outdoor products as many parts of the country experienced colder and wetter conditions. Home Depot reaffirmed its full-year guidance but expected comparable sales to decline.
Home Depot reported first-quarter earnings that beat expectations, but revenue missed estimates. The company saw softer sales as high interest rates caused customers to defer large home renovation projects like kitchen and bathroom remodels. Comparable sales dropped over 2% across the business and declined more than 3% in the US compared to the prior year period. Weather also negatively impacted spring sales of outdoor products as many parts of the country experienced colder and wetter conditions. Home Depot reaffirmed its full-year guidance but expected comparable sales to decline.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_scattered-rain-showers-to-affect-eastern-part-of-northern-luzon.webp "The shear line, a weather system formed by the collision of cold and warm air, may bring rains over the eastern section of northern Luzon, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Wednesday, May 15.<br/><br/>READ MORE: https://mb.com.ph/2024/5/15/scattered-rain-showers-to-affect-eastern-part-of-northern-luzon")
_smiling-friends-season-2-episode-3-promo.webp "Smiling Friends 2x03 Season 2 Episode 3 Promo -A Allan Adventure")
_black-clover-s01-e16-hindi-episodes-friends-124-chillandzeal-124.webp "Black Clover S01 - E16 Hindi Episodes - Friends | ChillAndZeal |<br/>Background Credit :- Real Owner <br/> ______________________________________________________ <br/><br/>All video photo and clips credit goes :) Real owner<br/> ************************************************ <br/><br/> Tag - <br/><br/>anime booth,naruto shippuden hindi dub promo,black clover,anime in hindi,anime booth hindi official,black clover anime in hindi,anime in india,black clover anime hindi dubbed,naruto shippuden official promo hindi dubbed| anime booth!,naruto shippuden in hindi,official hindi dubbed anime,black clover anime,anime booth india,black clover in hindi,naruto shippuden hindi dubbed,anime booth hindi,anime hindi,anime booth channel number,anime in hindi dub<br/><br/><br/>COPYRIGHT DISCLAIMER:Under Section 107 of the Copyright Act 1976, allowance is made for \")
_92.webp "A couple surprised family and friends by inviting them to their engagement party - and tying the knot there and then.<br/><br/>Julia Polley 29, and her partner, Kevin, 32, invited 120 of their nearest and dearest to 12twelve events in Whitby, Ontario, Canada, for a party to celebrate on April 27. <br/><br/>But while making a speech - thanking them for attending - Julia joked it would be easier to wed there and then.<br/><br/>She told guests \")
_what-will-the-weather-look-like-this-memorial-day-weekend.webp "A cold front will likely be key to which parts of the U.S. could face severe weather over Memorial Day weekend.")
_elinor-powell-from-bronglais-hospital-league-of-friends-thanks-auswp-for-their-donation.webp "Elinor Powell from Bronglais Hospital League of Friends thanks AUSWP for their donation from patrick n friends cold")
⏲ 0:22 👁 240K
_wwe-legends-biography-stone-cold-steve-austins-last-match.webp "WWE Legends Biography Stone Cold Steve Austins Last Match from patrick n friends cold")
_isla-fisher-has-thanked-friends-and-fans-for-their-39love-and-support39in-wake-of-divorce-news.webp "After announcing in April she had quietly split from her husband Sacha Baron Cohen, actress Isla Fisher has thanked friends and fans for their “love and support”.")
⏲ 2:4 👁 9.1M
_scattered-rain-showers-to-affect-eastern-part-of-northern-luzon.jpg)
_smiling-friends-season-2-episode-3-promo.jpg)
_black-clover-s01-e16-hindi-episodes-friends-124-chillandzeal-124.jpg)
_92.jpg)
_what-will-the-weather-look-like-this-memorial-day-weekend.jpg)
_elinor-powell-from-bronglais-hospital-league-of-friends-thanks-auswp-for-their-donation.jpg)
_wwe-legends-biography-stone-cold-steve-austins-last-match.jpg)
_isla-fisher-has-thanked-friends-and-fans-for-their-39love-and-support39in-wake-of-divorce-news.jpg)
![[+]](/images/menu.gif){kind=small}