Home Depot Revenue Rises on Smaller Projects
Home Depot reported an increase in revenue, driven by customers focusing on smaller home improvement projects. Despite this, the company maintained its previous financial outlook, indicating a shift in customer spending habits.
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Home Depot Beats Estimates on Faster Sales Growth
Home Depot’s results beat estimates in the second quarter, as comparable sales, which measure results at stores open for at least a year, rose 1.7%, while adjusted earnings also surpassed expectations. Lindsay Dutch of Bloomberg Intelligence has more on Bloomberg Television. (Source: Bloomberg)
Read full article →Home Depot revenue rises even as customers turn away from bigger projects
The home improvement retailer beat Wall Street estimates in its second quarter as its customers continued to take up smaller projects.
By Nora Redmond
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