Home Depot Warns Of Price Changes From Tariffs
Digest more
Home Depot to report Q2 earnings
Digest more
Lowe’s stock gains after it beat earnings expectations a day after Home Depot missed. Lowe’s also announced it was buying a bigger building-products company than its rival did in June.
Home Depot’s sales improved during its fiscal second quarter as consumers remained focused on smaller projects amid cost concerns, but its performance missed Wall Street’s expectations.
Home Depot's Q2 earnings fell slightly short of Wall Street's target, but the company announced some news that has potentially huge implications.
Home Depot said tariffs will soon start hitting some price tags even as consumers continue to hold off on larger projects because of higher interest rates and economic uncertainty.
Ray Hudson arrived at his local Home Depot in Los Angeles preparing for a move. He picked up plastic crates. Usually, he would also hire help — one of the men who tend to gather nearby looking for work. But they weren’t there. Earlier that day ...
The company's full-year forecast assumes no substantial change in the number of consumers revamping their homes.
"We don't allow any organization to use our branding or logo for their commercial purposes," a Home Depot spokesperson told Newsweek.
For some imported goods, tariff rates are significantly higher today than they were at this time last quarter, according to Home Depot.
Feedback