Reported about 7 hours ago
Home Depot has reported a 0.8% increase in sales at stores open for at least a year, ending an eight-quarter streak of declines. The company forecasts a further 1% growth in 2025, showing signs of recovery in consumer spending despite ongoing challenges from high interest rates affecting larger remodeling projects. Analysts suggest this turnaround is positive for the housing market as Home Depot remains a key indicator of economic trends.
Source: YAHOO