Reported 2 months ago
Home Depot is set to report yet another quarter of subdued earnings, with analysts predicting a slight revenue increase but a decline in adjusted earnings per share and same-store sales. High interest rates are prompting consumers to postpone significant home improvement projects, and while potential interest rate cuts may eventually stimulate the housing market, analysts warn that any beneficial effects may take time to materialize. Investors remain cautious as the company continues to navigate challenging macroeconomic conditions.
Source: YAHOO