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: Home Depot stock drops after sales miss and lowered outlook, citing lumber deflation and bad weather
Shares of Home Depot Inc. HD dropped 3.0% toward a seven-month low in premarket trading Tuesday, after the home improvement retail giant reported fiscal first-quarter profit that topped expectations but sales that fell short, and cut the full-year outlook., citing lumber deflation, reduced demand and unfavorable weather. Net income for the quarter to April 30fell […] The post : Home Depot stock drops after sales miss and lowered outlook, citing lumber deflation and bad weather appeared first on...
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Posted: May 16 2023, 10:09
Author Name: forextv
Views: 081526