Home Depot misses on revenue, as high interest rates hurt sales

Home Depot’s sales fall short of estimates as spring selling season sees delayed start

Home Depot Inc.’s stock was down 0.9% Tuesday, after the home-improvement retailer beat profit estimates for the first quarter but saw sales fall slightly short as the spring selling season got off to a delayed start.

Home Depot’s comparable sales drop steeper than expected on easing demand

Home Depot CEO Ted Decker said the quarter was impacted by a delayed start to spring and continued softness in certain larger discretionary projects

Home Depot Posts a Sixth Sales Drop Amid Housing Market Woes

(Bloomberg) — Home Depot Inc.’s string of negative sales extended into a sixth straight quarter as the big-box retailer struggles to overcome a weak housing market and lower demand for big-ticket items.

Home Depot posts a sixth sales drop amid housing market woes - BNN Bloomberg

Home Depot Inc.’s string of negative sales extended into a sixth straight quarter as the big-box retailer struggles to overcome a weak housing market and lower demand for big-ticket items.

Home Depot's sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales

Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer not only was constrained by high mortgage rates and customers dealing with inflation concerns, but it also had to deal with a delayed start to spring.

Home Depot misses on revenue, as high interest rates hurt sales

Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.