NIKKEI 225
38,946.93 -122.75 (-0.31%) HANG SENG
19,220.62 -415.60 (-2.12%) CRUDE OIL
79.06 -0.74 (-0.93%) GOLD FUTURES
2,427.40 -11.10 (-0.46%) DOW
39,796.91 -9.86 (-0.02%) Bitcoin GBP
54,790.64 +1,089.39 (+2.03%)
The Home Depot, Inc. (HD.SW)
| Previous close | 195.72 |
| Open | 195.72 |
| Bid | 199.96 x 0 |
| Ask | 204.93 x 0 |
| Day's range | 195.72 - 195.72 |
| 52-week range | 195.72 - 204.00 |
| Volume | |
| Avg. volume | 0 |
| Market cap | 308.01B |
| Beta (5Y monthly) | 1.01 |
| PE ratio (TTM) | 12.86 |
| EPS (TTM) | 15.22 |
| Earnings date | 13 Aug 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
Yahoo FinanceLowe's beats estimates, even as DIY consumers pull back
Home Depot earnings showed Wall Street with what to expect from Lowe's.
- Yahoo Finance Video
The housing market is discouraging big remodeling projects
Evident in home improvement retailer Lowe's (LOW) latest earnings, US home prices are becoming a growing deterrent to consumers wishing to invest in major renovation or remodeling projects. Will do-it-yourself (DIY) spending see a boost once mortgage rates begin to cool and the US housing market stabilizes? Abbe Will, the Harvard Joint Center for Housing Studies' Senior Research Associate & Associate Director of Remodeling Futures, joins Brad Smith on Wealth! to talk the interplay between the state of the US housing market and Americans' willingness to spend on home projects. "We do see that this softening in spending and home improvement and repair spending is partly driven by the ongoing weakness in the housing market... those high mortgage rates preventing folks from buying, from moving," Will explains. "And it is the weakness in existing home sales that is really a big factor in our forecast for softer spending this year. A lot of remodeling does tend to happen around the time of a sale." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Earnings Reports: May 13 - 17
Many large retailers in the United States reported Q1 earnings this week. How will the earnings of retailers like Home Depot and Walmart serve as a bellwether for the current financial landscape? Yahoo Finance has you covered: highlighting the recent Earnings reports of Q1 2024.
