Tag: Home Depot Inc
-
Organized crime plagues retailers and stimulates discussion
America’s largest retailers say organized retail crime has become a multi-billion dollar problem, but the effectiveness of their strategies to solve it and the validity of the data in general have been questioned. In recent years, companies such as Home Depot, Lowe’s, Walmart, Best Buy, Walgreens and CVS have sounded the alarm about organized gangs […]
-
Lowes (LOW) Q4 Earnings 2022
A Lowe’s Home Improvement Warehouse employee collects carts in a parking lot on August 17, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images Lowe’s on Wednesday reported fiscal fourth-quarter revenue that fell short of Wall Street expectations, while also issuing conservative guidance for the current year. Here’s how the retailer […]
-
Target (TGT) earnings Q4 2022
Target will report on its fiscal fourth quarter Tuesday before the bell. The big-box retailer has fallen short of earnings expectations for three straight quarters and warned of weak holiday sales. It will hold a conference call with analysts at 9 a.m. ET and will also host an investor day in New York City. A […]
-
Can’t figure out the economy? Walmart, Home Depot also have problems
The two top retailers last week issued cautious US consumer forecasts for 2023. Walmart said consumer spending would start the year strong, but decline. Home Depot expects revenues to remain flat this year, but to be supported by equity. Retail saw its worst week since July 2022, yet the latest inflation and retail sales data […]
-
5 things you need to know before the stock market opens Wednesday, February 22
Amazon employees are angry about the new return policy. Walmart and Home Depot offered soft prospects. Starbucks wants you to drink olive oil in your coffee. A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, February 17, 2023. Brendan McDermid | Reuters Here are the most important […]
-
WMT, HD, VIR and more
The Walmart logo is displayed outside their store near Bloomsburg. Paul Weaver | Rocket | Getty Images Check out the companies making the biggest strides in premarket trading: Walmart — Walmart shares fell about 4% before the bell after sharing a prudent outlook for the year as consumers shop less and buy fewer discretionary items. […]
-
5 things you need to know before the stock market opens on Tuesday, February 21
Walmart announces profit. Home Depot raises the wages of hourly workers. President Biden visits Ukraine. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, Feb. 17, 2023. Brendan McDermid | Reuters Here are the most important news items investors need to start their trading day: Stocks are coming […]
-
Home Depot (HD) Q4 Earnings 2022
Home Depot missed Wall Street revenue expectations for the first time since November 2019. The home improvement retailer gave a moderate outlook for fiscal 2023 and expects sales growth to be about flat. The company attributed the flat outlook to a more difficult consumer environment and a shift from goods to services. A customer loads […]
-
Walmart and Home Depot are starting sales earnings this week
Walmart and Home Depot are kicking off the sales season this week. Industry observers expect companies to adopt a more cautious tone as inflation continues. Healthier profit margins can be a silver lining as some costs come down. Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, USA on Wednesday, December […]
-
Fall in the market, optimism about club stocks
Top 10 Things to Watch Friday February 17 1. Thursday’s late market sell-off over hawkish Fed talk continues through Friday with the Dow, the S&P 500 and the Nasdaq expected to move lower will open. The oil price falls by 3%. The yield on 10-year Treasuries, around 3.9%, is the highest since November. 2. Deere […]