Home Depot (HD) is facing headwinds of stalled housing turnover and a weak cost and demand outlook,
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Home Depot (HD) is facing headwinds of stalled housing turnover and a weak cost and demand outlook,
Net earnings fell 4.2% to $3.28bn from $3.43bn in the comparable prior-year period.
US benchmark equity indexes were lower and Treasury yields jumped after midday Tuesday as traders co
At first glance, Home Depot's (NYSE: HD) Q1 2026 earnings release delivered a predictable headline script: a modest double-beat featuring an adjusted EPS of $3.43 and revenues of $41.77 billion.
Home Depot got a lift in the first quarter from professionals and also homeowners stocking up on spring supplies. Profit fell from its first quarter last year, but the national home improvement retailer beat Wall Street expectations. "The underlying demand in our business was relatively similar to what we saw throughout fiscal 2025, despite greater consumer uncertainty and housing affordability pressure,” CEO Ted Decker said Tuesday.
Markets face a reasonably quiet week, but it will be dominated by Wednesday's Nvidia (NVDA) earnings and Alphabet's two-day developer conference, creating a critical test for AI infrastructure investment sustainability and technology sector leadership.
Home Depot (NYSE:HD) is facing a class-action lawsuit over alleged unauthorized use of AI-powered license plate readers in store parking lots. The suit claims the technology tracked customers without proper consent and shared data with law enforcement, raising data privacy and civil liberties concerns. Privacy advocates and some lawmakers have criticized the alleged practices, arguing they could undermine customer trust and influence shopping behavior. Home Depot is a major US home...
A number of stocks fell in the afternoon session after the spike in oil prices threatened to siphon another round of discretionary spending away from store registers.