Home Depot’s stock drops as higher rates hurt spending on home improvement

Date:

August 13, 2024

Home Depot’s stock was knocked lower in early Tuesday trading, after the home improvement retail giant reported fiscal second-quarter earnings that beat expectations but comparable sales that missed and provided a downbeat full-year outlook, citing a more pressured consumer.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Home Depot’s stock drops as higher rates hurt spending on home improvement

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