Reported 2 months ago
Hurricane Milton is expected to cause damages exceeding $121 billion as it approaches Florida, particularly affecting major cities like Tampa and Sarasota. This forecast, made by Weather Trends International, anticipates significant repercussions for home improvement retailers like Lowe's and Home Depot, especially as this winter is predicted to be cooler and wetter than last year. Experts suggest that while Q4 2024 looks strong for sales, 2025 may face challenges due to adverse weather conditions.
Source: YAHOO