{"id":20092,"date":"2023-11-14T09:06:34","date_gmt":"2023-11-14T17:06:34","guid":{"rendered":"https:\/\/marketdepth.com\/?p=20092"},"modified":"2023-11-16T09:52:59","modified_gmt":"2023-11-16T17:52:59","slug":"home-depot-releases-quarterly-earnings","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/home-depot-releases-quarterly-earnings\/","title":{"rendered":"Home Depot Releases Quarterly Earnings"},"content":{"rendered":"\n
Home Depot (HD:NASD)<\/strong> announces lower sales as homeowners are scaling back on home renovations. Sales are down 3.10% but still higher than analysts’ expectations which came in at 3.31%. The shining light came in with higher revenue at $37.71 billion compared to estimates at $37.70 billion. The company is seeing an increase of 5% in their digital sales sector.<\/p>\n\n\n\n Home Depot has seen some ups and downs on the year but has held there value with only being down about 15% on the year. The stock is up 6% intraday on the positive results.<\/p>\n\n\n\n Home Depot is seeing strength in roofing, insulation and portable power tools but flooring, countertops, and cabinets are seeing less activity.<\/p>\n","protected":false},"excerpt":{"rendered":"Home Depot (HD:NASD) announces lower sales as homeowners are scaling back on home renovations. Sales are down 3.10% but still higher than analysts’ expectations which came in at 3.31%. The shining light came in with higher revenue at $37.71 billion compared to estimates at $37.70 billion. The company is seeing an increase of 5% in… View Article<\/a>","protected":false},"author":3,"featured_media":17915,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","footnotes":""},"categories":[10,31,17,12,16],"tags":[],"acf":[],"yoast_head":"\n