Home Depot Warns Of Price Changes From Tariffs
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Home Depot’s sales improve
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Lowe’s stock gains after it beat earnings expectations a day after Home Depot missed. Lowe’s also announced it was buying a bigger building-products company than its rival did in June.
Home Depot's EPS growth has stalled despite revenue boosts. Can declining interest rates spark recovery? Explore valuation insights and growth prospects.
Home Depot kept its annual forecasts intact despite posting muted quarterly results on Tuesday, but said some products may see small price hikes due to tariffs after previously suggesting they would generally not change.
In Q1, Home Depot experienced solid demand for smaller projects and seasonal activities; however, high interest rates deterred many consumers
Home Depot's Q2 earnings fell slightly short of Wall Street's target, but the company announced some news that has potentially huge implications.
Home Depot said tariffs will soon start hitting some price tags even as consumers continue to hold off on larger projects because of higher interest rates and economic uncertainty.
Executive Editor Brian Sozzi joins Ramzan Karmali on Market Sunrise to talk about the major earnings calls coming up this week, including Target (TGT), Home Depot (HD) and Walmart (WMT).
"We don't allow any organization to use our branding or logo for their commercial purposes," a Home Depot spokesperson told Newsweek.
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