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HD / Home Depot misses estimates as home improvement demand softens

Home Depot (HD) reported its fiscal first quarter 2023 earnings results on Tuesday, falling short of estimates as consumer spending on home improvement slowed compared to the pandemic-induced surge. While Home Depot beat earnings expectations, its revenue for the first quarter declined by 4.2% compared to the same period last year. Read More

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Posted: May 16 2023, 08:30

Author Name: Proactive Investors

HD News

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