Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
Although earnings and comps declined, Home Depot still managed to beat a Wall Street estimate in the third quarter. Net earnings were $3.65 billion, or $3.67 per diluted share, versus $3.81 billion, or $3.81 per diluted share, in the year-previous quarter. Adjusted...
Home Depot has launched a promotion that marks its entry into the October early holiday sale event competition. Prompted by Amazon’s Prime Big Deal Days and responses by rivals including Lowe’s Cos. and Ace Hardware, Home Decor Days promises up to 50 % off...
For the second quarter, Home Depot faced softer demand based on economic conditions and anticipation of interest rate cuts but still managed to beat Wall Street estimates. Net earnings were $4.56 billion, or $4.60 per diluted share, versus $4.66 billion, or $4.65 per...
Although e-commerce gets a lot of attention, particularly now as brick-and-mortar-based retailers leverage the online part of their businesses to compete with Amazon and its Prime Day summer promotion, many major retailers remain committed to significant and long-term...
