Home Depot, Lowe’s Profits Fall as Housing Market Slows in a Weak Economy

Why Home Depot Is Suddenly Plunging

Key PointsEarnings missed estimates.Full-year earnings guidance was revised down.A lack of storms and a poor housing market were behind the results.10 stocks we like better than Home Depot › "You can do it. We can help." So goes the advertising slogan of Home Depot (NYSE: HD). Yet the sales, earnings, and share price of the home improvement retailer all need a lot of help right now. The stock was down as much as 5% in early trading on Tuesday.Wh…

Home Depot, Lowe’s Profits Fall as Housing Market Slows in a Weak Economy

Home Depot and Lowe’s reported falling profits as a weak housing market, high mortgage rates and rising prices continue to curb home improvement demand.

First Home Depot, Now Target Reports Soft Demand

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero