Home Depot warned that lumber price deflation, as well as the impact of possible tariffs, will impact its fiscal year sales. The home improvement giant said...
Home Depot HD, +2.11% warned that lumber price deflation, as well as the impact of possible tariffs, will impact its fiscal year sales. The home improvement giant said second-quarter net income fell slightly to $3.48 billion, or $3.17 a share, as sales rose 1.2% to $30.
84 billion and comparable-store sales rose 3%. Analysts polled by FactSet expected earnings of $3.09 a share on sales of $31 billion. While it still earnings rising 3.1% for the year, it now says annual sales will rise 2.3% and comparable-store sales will rise 4%. Analysts had forecast EPS growth of 2.1% on sales growth of 2.8%.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Home Depot is building up a big rally, says top technicianWild market swings claimed plenty of victims last week, but Cornerstone Macro's Carter Worth says Home Depot is poised for a big breakout.
Baca lebih lajut »
Home Depot is about to report earnings. Here's what you need to knowHome Depot shares, which are valued at $228.8 billion, are up more than 21% this year.
Baca lebih lajut »
What to watch today: Mixed market opening, Home Depot sales miss and China calls out big techU.S. stock futures are pointing to modest gains at the Wall Street open, as stocks look to continue a rally that has seen the Dow and S&P 500 rise for 3 straight days and the Nasdaq for 2 consecutive sessions.
Baca lebih lajut »
Reese Witherspoon Sets Home-Organizing Series at NetflixThe actress and producer's Hello Sunshine is behind the show starring Clea Shearer and Joanna Teplin, founders of The Home Edit.
Baca lebih lajut »
Leicester crash Lampard's Chelsea home-coming partyChelsea manager Frank Lampard had to settle for a 1-1 draw against Leicester Cit...
Baca lebih lajut »
'BIP': Demi's 'Confused' About Feelings For Derek & a Woman Back HomeDemi is opening up to Derek about her feelings for a woman back home on BachelorInParadise.
Baca lebih lajut »