_home-depot-beats-q1-earnings-expectations-but-revenue-falls-short-as-customers-delay-renovation-projects.jpg "Home Depot Beats Q1 Earnings Expectations, but Revenue Falls Short as Customers Delay Renovation Projects from hvac sales leads Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 240K times
✓ Published: 15-May-2024
👁 View: 240K times
✓ Published: 15-May-2024
Description:
Home Depot reported first-quarter earnings that beat expectations, but revenue missed estimates. The company saw softer sales as high interest rates caused customers to defer large home renovation projects like kitchen and bathroom remodels. Comparable sales dropped over 2% across the business and declined more than 3% in the US compared to the prior year period. Weather also negatively impacted spring sales of outdoor products as many parts of the country experienced colder and wetter conditions. Home Depot reaffirmed its full-year guidance but expected comparable sales to decline.
Home Depot reported first-quarter earnings that beat expectations, but revenue missed estimates. The company saw softer sales as high interest rates caused customers to defer large home renovation projects like kitchen and bathroom remodels. Comparable sales dropped over 2% across the business and declined more than 3% in the US compared to the prior year period. Weather also negatively impacted spring sales of outdoor products as many parts of the country experienced colder and wetter conditions. Home Depot reaffirmed its full-year guidance but expected comparable sales to decline.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_police-dog-sniffs-out-dirty-cash-that-leads-to-murder-conviction.webp "A police search dog helped provide vital evidence to secure convictions for five men involved in the murder of a man.<br/><br/>Dog handler PC Neil Dobson and a police dog called Monty searched a flat where a multiple stabbing had taken place. Monty managed to find £8,000 in cash hidden in the headboard of a bed that had not been found by the group.")
_operation-vulcan-leads-to-arrests.webp "Police say they arrested 24 alleged drug dealers as part of the Operation Vulcan on May 14.")
_the-atypical-family-2024-epi-3-english-subs-hd.webp "Bok Gwi Joo and his family were born with different supernatural powers. Bok Gwi Joo is able to travel back in time, but only to happy times in his life. He can't change the past, so he can only dwell on those happy moments. Bok Gwi Joo becomes afflicted with depression, and this leads him to lose his supernatural power.<br/><br/>His family also loses their own powers due to modern-day problems like insomnia, bulimia, and smartphone addiction. One day, Do Da He happens to get involved with Bok Gwi Joo and his family. She begins to live with them, and change occurs.")
_madam-inutz-live-sa-unang-hirit-124-unang-hirit.webp "Sales talk at bentang-bentang banat sa live selling— ‘yan ang expertise ng isa sa mga bagong cast ng GMA Prime na Black RIder na si Madam Inutz! Atin siyang kilalanin sa video na ito.<br/><br/>Hosted by the country’s top anchors and hosts, 'Unang Hirit' is a weekday morning show that provides its viewers with a daily dose of news and practical feature stories.<br/><br/>Watch it from Monday to Friday, 5:30 AM on GMA Network! Subscribe to youtube.com/gmapublicaffairs for our full episodes.")
_california-air-quality-regulator-report-predicts-steep-gas-price-increases-through-2026.webp "A report by a lesser-known California air quality regulator predicts that gas prices will increase by approximately 50 cents per gallon annually through 2026 due to changes in the state's Low Carbon Fuel Standard. Long-term projections show gas prices could increase by over $1 per gallon and diesel by $1.50 from 2031 to 2046 as the state pursues climate goals. A Republican state senator criticized the \")
⏲ 0:45 👁 300K
_novavax-and-sanofi-strike-multi-billion-dollar-deal-for-co-commercialization-of-covid-19-vaccine.webp "Novavax has signed a multi-billion dollar deal with French drugmaker Sanofi to co-commercialize Novavax's protein-based COVID-19 vaccine starting in 2025. Sanofi will pay Novavax an upfront payment of $500 million and up to $700 million in additional payments based on development, regulatory, and launch milestones. Sanofi will also take a less than 5% equity stake in Novavax and provide royalty payments on future vaccine sales. The deal allows Sanofi to develop combination shots using Novavax's COVID vaccine with Sanofi's flu shot or other vaccines in its portfolio.")
⏲ 0:45 👁 535K
_nba-playoffs-updat3-pj-washington-jr-27-points-leads-dallas-in-win-over-okc-giving-mavericks-2-1-lead-in-the-series.webp "The Dallas Mavericks (2-1) take the win over Oklahoma City Thunder (1-2) 105-101 to win game three in American Airlines Center on Saturday afternoon. PJ Washington Jr. led the Mavs with 27 points, six rebounds, and two assists. <br/><br/>The Mavs came out strong in the beginning of the first quarter and were led by PJ Washignton Jr.. Washington Jr. scored the first two points for Dallas with a slam dunk over Holmgren. That really woke up AAC and got them into the game early. Washington proceeded to score 11 of the Mav’s first 22 points. He led Dallas at the half with 19 points. <br/><br/>Both teams weren’t shooting well from downtown but OKC won that battle in the first half. The reason Dallas stayed within reach in the first half was their ability to crash the boards. They led in rebounds out rebounding OKC 26-16 and giving up 0 offensive boards to the Thunder. <br/><br/>Luka Doncic struggled shooting in the first half. He shot 4-of-12 and 1-of-4 from three. He had 14 points going into the locker room. Doncic was questionable for game three due to his knees. He decided to play but struggled getting his rhythm down on Saturday. <br/><br/>OKC came out of the half and took their largest lead of the night 65-55. The Mavs rallied after taking a timeout and ended up crawling back on top by five. The difference in the third quarter was second chance opportunities. Dallas continued to crash the boards, giving Dallas multiple second and third chance opportunities and the points started to add up. Entering the fourth quarter the Mavs had out rebounded OKC 40-25 taking a four point lead. Washington had 27 points entering the fourth. <br/><br/>Mavs continued their physicality the entire fourth quarter and it ended up putting them in the win category. Dallas out rebounded 48-40 and crashed the boards hard all night, which was a huge reason why they came out on top. <br/><br/>“I think whoever wins the rebounding game is going to win these games.” Washington Jr. stated after the game. <br/><br/>Washington Jr. led for Dallas on Saturday with 27 points, 6 rebounds, and 2 assists. <br/><br/>“I’m just trying to make the dreams come true. I’m trying to make the most of every single second and be the best I can be for my team.” Washington Jr. stated he is grateful for his teammates for believing in him and showing him the looks. <br/><br/>Doncic stated after the game that Washington had an amazing game, “Amazing. Shooting with confidence and we believe in him.” Doncic stated. <br/><br/>The Mavs will have a day of rest before gearing up for game four on Monday night. <br/><br/>Game four will be held in Dallas at American Airlines Center on Monday night at 8:30 CST.<br/><br/>")
⏲ 1:28 👁 1.7M
_high-potential-season-1.webp "High Potential Season 1 Trailer HD - Starring Kaitlin Olson, “High Potential” follows a single mom with an exceptional mind, whose unconventional knack for solving crimes leads to an unusual and unstoppable partnership with a by-the-book seasoned detective (Daniel Sunjata). The series is based on the popular French series “Haut Potentiel Intellectuel (HPI).” <br/><br/>» Watch High Potential Tuesdays at 10pm on ABC this Fall<br/>» Starring: Kaitlin Olson, Daniel Sunjata")
_police-dog-sniffs-out-dirty-cash-that-leads-to-murder-conviction.jpg)
_operation-vulcan-leads-to-arrests.jpg)
_the-atypical-family-2024-epi-3-english-subs-hd.jpg)
_madam-inutz-live-sa-unang-hirit-124-unang-hirit.jpg)
_california-air-quality-regulator-report-predicts-steep-gas-price-increases-through-2026.jpg)
_novavax-and-sanofi-strike-multi-billion-dollar-deal-for-co-commercialization-of-covid-19-vaccine.jpg)
_nba-playoffs-updat3-pj-washington-jr-27-points-leads-dallas-in-win-over-okc-giving-mavericks-2-1-lead-in-the-series.jpg)
_high-potential-season-1.jpg)
![[+]](/images/menu.gif){kind=small}