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The overall Q4 earnings picture for the retail sector seems good, but guidance is disappointing, spreading pessimism in the sector.
Investors were worried heading into the Q1 earnings update from Lowe's (NYSE: LOW). Lowe's followed its larger peer in reducing its fiscal-year outlook on both the top and bottom lines. Lowe's said its business was hit by the same three challenges that featured prominently in Home Depot's mid-May announcement.
Taco Bell fighting to free the phrase "Taco Tuesday" from its current trademark holder. Plus, Scott Phillips, chief investment officer at Motley Fool Australia, shares the current state of play for investors Down Under, Australian stocks to watch, and predictions for this year's Rugby World Cup. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
Mediterranean restaurant chain Cava has filed to go public later this year. Will investors be as satisfied as Cava's customers?
Although the revenue and EPS for Home Depot (HD) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
RH continues its stretch of poor results, in part because of poor execution.
Home Depot, Linde, Disney, Palo Alto Networks, and U.S. Bancorp are included in this Analyst Blog.
Readers hoping to buy The Home Depot, Inc. ( NYSE:HD ) for its dividend will need to make their move shortly, as the...
Investors didn't abandon Home Depot (NYSE: HD) stock after the company recently warned them about a deteriorating sales environment in the home improvement industry. Home Depot's comparable-store sales fell 5% through late March compared to a flat result in the prior quarter. This deflation erased more than 3 percentage points from average spending in the first quarter, executives estimated.
Today's Research Daily features new research reports on 16 major stocks, including The Home Depot, Inc. (HD), Linde plc (LIN) and The Walt Disney Company (DIS).
Home-improvement retailers are facing headwinds -- but this company remains the heavyweight of the industry.
Home improvement giant Home Depot (NYSE: HD) spooked investors last week after it reported underwhelming earnings and adjusted its guidance downward for the year. On May 16, Home Depot released its first-quarter numbers while also updating guidance for fiscal 2023. Previously, Home Depot was projecting its sales growth to be flat.
The mega-retailer continues to discount at a rate its rivals aren't, chipping away at already thin profit margins.
When we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make...
Customers spent less per ticket, down 0.3% for the first quarter.
Target (NYSE: TGT) and Home Depot (NYSE: HD) are two of the biggest and most recognizable retailers in the U.S. But they're both facing unique challenges today. In this video, Travis Hoium digs into which company is set to perform best long term, and the answer may surprise you.
Yahoo Finance reporter Dani Romero discusses Lowe's Q1 earnings which indicate that home owners are remodeling their homes less and breaks down which areas consumers are downsizing in.
One week after home improvement giant Home Depot (NYSE: HD) shocked the stock market with a sales miss and weak guidance, investors are having the opposite reaction to news that its archrival has beaten on sales (and issued weak guidance). This morning, home improvement retailer Lowe's Companies (NYSE: LOW) announced that it earned an adjusted profit of $3.67 per share on $22.3 billion in sales in the first quarter of 2023 versus analyst expectations of $3.44 and $21.6 billion. Not all of Lowe's news was good -- but not all of it was bad, either.
Huntington Private Bank Director of Wealth Strategy Dan Griffith joins Yahoo Finance Live to discuss Lowe's Q1 earnings report and the impact the company is seeing from a slowdown in consumer demand.
Investing.com -- U.S. lawmakers race to secure a deal to lift the debt limit with a potentially catastrophic default looming only days away. Elsewhere, investors will be watching the release of fresh data on activity in the American service and manufacturing sectors, while Lowe's prepares to unveil its latest results as the quarterly corporate earnings season begins to ebb.
Retail heavyweights Target, Walmart, and Home Depot are finally getting inventory levels under control, and it's a big win for investors.
After volatile swings, lumber prices seem like they are heading straight down. Fool.com contributor and finance professor Parkev Tatevosian discusses what that could mean for Home Depot (NYSE: HD) stock.
Home improvement retailer The Home Depot (NYSE: HD) recently whiffed on sales estimates when it reported its Q1 operating results. Home Depot's comparable store sales fell 4.6% year over year in the United States. When it does, Home Depot could return to its market-beating ways.
Let's see if Home Depot's (HD) recent skid after first-quarter results was a buying opportunity and what might be in store for Lowe's as its Q1 report approaches next week.
Home Depot (NYSE: HD) reported a drop in revenue last quarter, and that has investors concerned about the company's growth. But take a step back, and the company is a much bigger business than it was just five years ago, and its stock has gone almost nowhere.