Home Depot beats earnings estimates and raises sales outlook as consumers keep spending on homes

3

Fortunately for Home Depot the wider market segment of people, who don’t study and watch the stock market all day, don’t know that we are on the cusp of a major economic downturn. So it’s business as usual for homemakers who are investing before Christmas on their homes, with Home Depot there to collect the rewards.

Home Depot reports quarterly earnings that beat analysts’ expectations and raises its sales outlook for the full year.

3 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here