Home Depot Sees Continued Headwinds as High Interest Rates Hurt Big-Ticket Spending
家得宝家得宝(US:HD) Investopedia·2024-02-20 23:51

Key TakeawaysHome Depot reported fiscal 2023 fourth-quarter revenue and profit that exceeded analysts' expectations, but sales guidance that disappointed investors.The home improvement retailer projects comparable sales to decline about 1% in fiscal 2024 as customers defer large projects and big-ticket purchases in an environment of still-high interest rates.Home Depot said that while the home improvement market still faces headwinds, the pressure on sales won't be as significant as it was in 2023. Home Dep ...

Home Depot Sees Continued Headwinds as High Interest Rates Hurt Big-Ticket Spending - Reportify